Essay on Tesco Csr Responsibilities - 2160 Words

Part One: Identify the three most important CSR issues that the company faces and explain why each is relevant for the firm. In order to identify these issues, you should read not only corporate reports and the company’s website, but also media reports and any research papers that offer commentary on both the company’s activities and its significant social and environmental impacts. Part Two: Critically evaluate the nature and degree of the company’s responsibilities in relation to each issue. To do so, arguments should explicitly draw upon the theories outlined in class – e.g. the various ethical theories, institutional and stakeholder theories. For each issue, you may draw upon a variety of theories – i.e. present a†¦show more content†¦This accumulation of undeveloped sites if developed, â€Å"could raise Tescos market share from around 30% at the moment to a competition-stifling 45%.† (Anon 2007) The 1000+ Tesco Expresses and numerous suburban Superstores popping up throughout the nation not only drive up land prices for local retailers and create ghost towns but also give a degree of monopolistic power. An economic NEF report reveals that over the past twenty years local shops including butchers and greengrocers â€Å"have been going out of business in the UK at the rate of 50 a week† suggesting that Tesco Express stores have help to cause a drop in business of 30-40% from independent retailers (Oram et al 2003). This has resulted in many planning objections from local residents forcing Tesco to become involved in costly public enquiries and planning appeals. With many taking a sinister view of these land banks, future growth in the UK may well be stifled highlighting the relevance for Tesco in appeasing locals and governments especially in light of past Competition Commission investigations. 2._________________________________ i) Honest disclosure of source and quality of food Tesco accepts fault for this issue in that they were negligent in choosing suppliers (Tesco 2013) and by offering public apologies online and in the media, suggests recognition of their responsibility to society. Tesco have an enormous level of selling power with consumers having little or no say in foodShow MoreRelatedThe Researcher Will Use A Wide Range Of Secondary Research1294 Words   |  6 Pagesof definitions of Corporate Social Responsibility (CSR). According to Business for Social Responsibility, ‘CSR is defined as achieving commercial success in ways that honor values and respect people, communities and the natural environment.’ Alternatively, CSR has been described as ‘an action by a firm, which the firm chooses to take, that substantially affects an identifiable social stakeholder’s welfare.’ Osie-Kwame, S (July 2015). Corporate Social Responsibility refers to business practices involvingRead MoreThe Role Of Corporate Social Responsibility On Csr1666 Words   |  7 Pagesenvironmental responsibility have been greatly increasing.According to Girod and Michael (2003,cited in Jones etal,2007 ) CSR is ‘a key tool to create, develop and sustain differentiated brand names. The importance and eminence of Corporate Social Responsibility (CSR) across the business world started to increase during 1998-2007. Role conflicts often arise when competing demands like business goals and social goals are in question. The increase in the sense of social responsibility,stakeholder pressuresRead MoreTesco and The Horsemeat Scandal1413 Words   |  6 PagesIntroduction This essay attempts to critically evaluate Tesco with regards to the Horsemeat Scandal. The aim is to critically asses this event through the application of theories and readings. A brief background on how the scandal arose will be provided. Key question that must be asked are did Tesco misbehave at all? And if they did, how could they have been able to justify their actions to themselves? According to Cooper and Owen (2007) accountability is a somewhat unclear term. This is not becauseRead MoreCorporate Social Responsibility : Csr1292 Words   |  6 PagesSocial Responsibility (CSR) has become imperative on business convention nowadays. CSR can be defined as the way that firms manage the business processes to generate a positive influence on society (Baker, 2004). 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I will be looking at three of Tesco s KPI s; relation with supplier, retention of customers and colleaguesRead MoreTesco Strategic Options948 Words   |  4 PagesTesco Strategic Options Expansion Tesco has already established in UK, Europe, Asia and USA and has 6531 stores globally. Tesco continues to open into further new markets in order to increase its market share and market growth. Diversification This is a most risky strategy as organisation enters into new market where it has no information available or less experience. The risk could be failure of acceptance of products by consumers not making enough sales. Tesco has diversified its marketRead MoreEvaluate the Relative Importance of Corporate Social Responsibility Relative to Other Corporate Objective947 Words   |  4 PagesQ2) â€Å"Evaluate the relative importance of corporate social responsibility relative to other corporate objective† (40 Marks) Corporate social responsibility (CSR) is a firm’s decision to accept responsibility for its social, environmental and ethical actions. A firm’s decisions whether to adopt and rank importance to CSR should be due to a variety of reasons, like the financial stability of the company aswell as the culture of the organisation. But one definitive factor would be a firm’s corporateRead MoreThe Organization Of Choice For Research : Tesco Plc2262 Words   |  10 PagesCRITICAL EVALUATION OF CSR WITH RESPECT TO TESCO PLC The organization of choice for research: Tesco PLC. REFLECTIVE LEARNING REPORT Let’s start with a detailed examination of the title itself: Corporate Social Responsibility â€Å"CSR†. The name pertains to the responsibility corporations carry towards the society due to their unique position of prominence in the daily lives of common man. Corporations are formed with a feature that characterizes their very foundations which is people’s stake in theRead MoreHe Corporate Social Responsibility : Tesco Study Case3615 Words   |  15 PagesCorporate Social Responsibility CRS in terms of marketing strategy and competitive advantage. Propose: This present paper tries to enhance the different views about CSR, in the global vision of all the stakeholders, in the particular context of retailing. We will treat the interest for a company to deal with responsible actions and activities, and the main breaks found by certain authors. The subject is treated in relation with marketing strategies and tries to persuade the readers that CSR is a good