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Social and Environmental Auditing Should Be Compulsory for All Businesses

Autor:   •  January 22, 2018  •  1,289 Words (6 Pages)  •  669 Views

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consequences for the tobacco company’s actions of social responsibility as in this case, consumers perhaps are likely to have a distrustful attitude towards this company and doubts about the company’s professionalism, and avoid buying its product. This is because of the contradiction of John Morris Tobacco company encouraging clients to smoke on the one hand, while on the other hand supporting a cancer association which is usually caused by smoking. Consequently, this company will loose the majority of clients and profit. To summarize, the controversial social and environmental auditing activities can make the society and even investors to be opposed to cooperate with a company.

To conclude, this essay depicted that regardless of the fact that by applying the social and environmental activity controversially, negative responses can be caused from consumers, these activities should be obligatory for every single business. In accordance with research, the companies need these activities in terms of attracting the investors, improving the reputation among consumers and supporting the financial position of the company. Moreover, it is commonly suggested that reasonable actions in social and environmental auditing which agreed with both previous and present companies policies would ease the problem of the unpleasant responses from clients. However, this essay only dealt with few sources, so further investigations are necessary to completely recognize the importance of auditing activity for business marketing. Anyway, businessmen or businesswomen must make efforts to achieve better future for their companies by applying the auditing actions.

References:

Braddock, J. (2011). Nike faces allegations of worker abuse in Indonesia - World Socialist Web Site. [online] World Socialist Web Site (Wsws.org). Available at: https://www.wsws.org/en/articles/2011/09/nike-s08.html [Accessed 3 Mar. 2016].

Dans, E. (2015). Volkswagen And The Failure Of Corporate Social Respon. [online] Forbes.com. Available at: http://www.forbes.com/sites/enriquedans/2015/09/27/volkswagen-and-the-failure-of-corporate-social-responsibility/#5723d2a16128 [Accessed 3 Mar. 2016].

Fitzgerald, N., Cormack M., (2006) The Role Of Business In Society AN AGENDA FOR ACTION. Harvard University

Gray, R. (2000) Current Developments and Trends in Social and Environmental Auditing, Reporting and Attestation: A Review and Comment. International Journal of Auditing, 4(3), pp.247-268.

Smith, A. (2007) Making the case for the competitive advantage of corporate social responsibility. Business Strategy Series, 8(3), pp.186-195.

Visser, W. (2007) The A to Z of corporate social responsibility. Chichester, England: John Wiley & Sons.

Worthington, R. (2015) Social Audit: A Toolkit A Guide For Performance. Improvement And Outcome Measurement. Hyderabad: Centre for Good Governance

Yoon, Y, Gurhan-Canli, Z. (2003) Negative consequences of doing good: The Effects of Inferred Motives Underlying Corporate Social Responsibility (CSR) . 10-28pp, The University of Michigan

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