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Background to the Study
An organization may be profit oriented or non-profit oriented. The fact remains that every organization is made up of four basic resources (i.e. man, material, money and machinery) and its environment.
According to Weirich and Koontz (1987) management is a process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected aims. The term ‘environment’ in this definition refers to both internal and external environment. All organization have a two point agenda to improve qualitative (the management of people and processes) and quantitatively (the impact on society). The second is as important as the first and stakeholders of every organization are increasingly taking an interest in “the other circle” – the activities of the organization and how these are impacting the environment and society.
Social responsibility is an ethical ideology or theory that an entity be it an organization or individual, has an obligation to act to benefit society at large. Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem. The term “corporate social responsibility” (CSR) came into common use in the late 1960s and early 1970s after many multinational corporations formed the term stakeholder meaning those on whom an organization’s activities have an impact. It was used to describe corporate owners beyond shareholders as a result of an influential book by R. Edward Freeman, Strategic Management; a stakeholder approach in 1984. CSR is one of the newest management strategies where organization’s try to crate positive impact on society doing business.
Corporate social responsibility which is also known as corporate citizenship, corporate responsibility or corporate social performance is a form of corporate self-regulation which is integrated into a business model. Corporate social responsibility tends to operate as a built-in, self-regulating mechanism under which a business will monitor and ensure its compliance with law, international norms and ethical prescriptions (Institute of Chartered Accountants of Nigeria [ICAN], 2010). A business or organization assumes responsibility for the impact of its activities on the environment. Thus, CSR is a process with the aim to embrace responsibility for the organization’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all the members of the public sphere who may also be considered as stakeholders succinctly a business or organization ahs to proactively promote the interest of the public through voluntarily avoiding activities which are harmful, regardless of legality.
According to Business for Social Responsibility, Corporate Social Responsibility (CSR) is defined as operating a business in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business. On the other hand, the European commission hedges its bets with two definitions wrapped into one; CSR is a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. A concept whereby organizations integrate social and environmental concerns in their business operations and their interaction with their stakeholders on a voluntarily basis. Each of these definition when reviewed broadly agree that CSR now focuses on the impact of how you manage your core business. However some go further than others in prescribing how far organizations beyond managing their own impact into the terrain of acting specifically outside of that focus to make of contribution to the achievement of broader societal goals.
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SIMILAR BUSINESS ADMINISTRATION FINAL YEAR PROJECT RESEARCH TOPICS
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1. THE EFFECT OF FINANCIAL PLANNING ON THE FINANCIAL PERFORMANCE OF AUTOMOBILE FIRMS IN KENYA
» BSTRACTFinancial planning is an integral part of financial management which deals with the management of a firm’s funds with a view to maximizing pr...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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2. AN ASSESSMENT OF THE EFFECT OF PRIVATIZATION AND COMMERCIALIZATION ON THE NIGERIAN ECONOMY
» ABSTRACTWhen the economic fortune of the organization of petroleum exporting countries (OPEC) nations suffered a tragic experience due to the sudden f...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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3. AN INVESTIGATION INTO THE STRATEGIES FOR IMPROVING MANAGEMENT/STAFF RELATIONSHIP IN TERTIARY INSTITUTIONS
» CHAPTER I INTRODUCTION Background of the Study ‘‘In view of the central nature of staff relationship, and the almost universal assumption that ins...Continue Reading »Item Type & Format: Project Material - Ms Word | 38 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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4. ORGANIZATION STRUCTURE AS A TOOL FOR EFFECTIVE MANAGEMENT (A CASE STUDY OF INSTITUTE MANAGEMENT AND TECHNOLOGY) ENUGU
» CHAPTER ONE 1.1 INTRODUCTION Every organization is made up of human and physical resources. The resources are bought together in order to accomplish t...Continue Reading »Item Type & Format: Project Material - Ms Word | 71 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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5. THE EFFECT OF MOTIVATION ON EMPLOYEE’S JOB PERFORMANCE (A CASE STUDY OF PETROLEUM TRAINING INSTITUTE, EFFURUN-WARRI)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The human factor (man) is the most complex and most important factor to the success of any organi...Continue Reading »Item Type & Format: Project Material - Ms Word | 85 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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6. IMPACT OF TEST MARKETING AND INNOVATION ON NEW PRODUCT
» CHAPTER ONE1.0 INTRODUCTIONAlthough product development is not usual recognized as a formal stage in the product life cycle, many ideas for long term ...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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7. THE EFFECT OF APPRENTICESHIP TRAINING ON THE PERFORMANCE OF ARTISANS (A CASE STUDY OF TAILORS IN MAKURDI METROPOLIS)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The contribution of apprenticeship to jobs and skills has long been appreciated by countries eage...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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8. CORPORTE SOCIAL RESPONSIBILITY AND ORGANISATION PERFORMANCE (A STUDY OF NIGERIA BREWERIES PLC)
» ABSTARCT This dissertation is to know the impact of Corporate Social Responsibility on organization performance. More so, it led us to know how CSR is...Continue Reading »Item Type & Format: Project Material - Ms Word | 101 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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9. STRIKE ACTION AND ITS EFFECTIVENESS IN ACHIEVING UNION AIMS (A CASE STUDY OF NIGERIAN UNION OF TEACHERS)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Trade disputes (emergency provisions) decree, 1968 defined strike as meaning the cessation of wor...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT
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10. MARKET ORIENTATION AND COMPANY PERFORMANCE (A Case Study of Frigoglass Company Nigeria Ltd.)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The concept of marketing orientation was developed in the 1960s and early 1970s at HavardUniversi...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS ADMINISTRATION DEPARTMENT