Prime Examples of CSR
There are numerous companies within Canada and the United States that are prime role models in the CSR aspect, these companies include The Body Shope, Ben & Jerrys and Tom Maine. "These companies were founded on the belief that the relationship between companies and their consumers did not have to be and adversial one and that the corporations should honor a social contract with the communites in which they operate and the citizens they serve". (Business Ethics Now Pg. 74)
Instrumental Approach:
The instrumental approach is the outlook that the corporations only responsibility is to maximize profits for themselves and their shareholders through providing the goods and services to the customers.
Social Contract Approach:
The Social contract approach is the mindset in which a company has an obligation to the society and surrounding communities above maximizing their profits
There are numerous companies within Canada and the United States that are prime role models in the CSR aspect, these companies include The Body Shope, Ben & Jerrys and Tom Maine. "These companies were founded on the belief that the relationship between companies and their consumers did not have to be and adversial one and that the corporations should honor a social contract with the communites in which they operate and the citizens they serve". (Business Ethics Now Pg. 74)
Instrumental Approach:
The instrumental approach is the outlook that the corporations only responsibility is to maximize profits for themselves and their shareholders through providing the goods and services to the customers.
Social Contract Approach:
The Social contract approach is the mindset in which a company has an obligation to the society and surrounding communities above maximizing their profits