Answer To: Assessment 3 Corporate Social Responsibility and the Triple Bottom Line Impact Report Type:...
Hartirath answered on Sep 10 2021
Running Head: Tourism Business
Tourism Business
Topic: Tourism Business
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Contents
Introduction 3
What is CSR? 3
Explore, comment & give examples of the 4 categories of CSR Programs 4
Select a company that is part of the Australian Hospitality & Tourism business 5
Explore and discuss the role that the Australian government can contribute towards supporting and encouraging the CSR programs of Companies in the Australian Tourism Industry 9
Conclusion 11
References 12
Introduction
What is CSR?
Have a definition of CSR (make references to Carroll’s pyramid)
The CSR Pyramid is designed to be viewed from the perspective of stakeholders, where the focus is on the whole rather than different parts. The corporate social responsibility pyramid believes that companies should participate in the simultaneous realization of the four components of decision-making, action, policy, and practice (Alatorre, 2015). Carroll’s CSR pyramid is an easy framework that can help to demonstrate why and how associations should execute their social responsibilities.
What are the drivers for companies to have a CSR program?
Important drivers include:
· Passionate self-interest
· Social investment
· Honest to the public
· Raise public expectations of businesses by contributing to the financial system.
Throughout these driving factors, a close cycle between societies can be achieved, and the market and labor can be better understood. Through corporate social responsibility, organizations contribute to physical infrastructure, while social capital is seen as the main benefit. The company remains open to the public; according to reports, it is responsible to the public and organizes regular tax payments to stabilize society. The Internet of Things reduces the burden on the government by helping to make the country. It also serves the country by developing the infrastructure and economy. These drivers use strategies to provide good services (Benckendorff & Shu, 2019). They explain the inventory/business case by analyze the approved procedures and then approve the charter depend on authorization as well as the service portfolio. Charter flights include communications and resource allocation. Due to globalization, corporate social responsibility is an important activity internationally. Organizations that serve the world can benefit from CSR.
Explore, comment & give examples of the 4 categories of CSR Programs
Supporting volunteer efforts: Local charities and communities always want help. Savvy leaders of business understand that effectively participating in community activities is also better for the business. Provide workers with opportunities to help the local school's plant trees, and work with the city council to resolve homelessness in the area (Berge & Eliassen, 2010). Business leaders also have the opportunity to select where to use volunteer services to help the local with the business. For companies, it is important to select the reason moreover contribute time.
Philanthropy: The biggest industries in the world are committed to charity. Microsoft works with the Melinda Gates and Bill Foundation to bring technologies to communities around the whole world. The business knows that success not only needs continuous innovation, nevertheless building the subsequent generation that can know, use, and get better technology.
Even some small businesses can take advantage of charity (Ertaş & Kozak, 2020). The local car wash might provide a stage for schools to arrange fundraising activities for sports groups. When proceeds advantage the local school or charity, the restaurant will hold a fundraising night.
Environmental Conservation: Environmental problems often make titles whether they are lasting problems like worldwide climate change and local issues like the leakage of poisonous chemicals. Industries dedicated to these efforts help decrease environmental issues by taking some steps for example decreasing their overall carbon footprint. Although the environmental commitments of large companies have attracted the most attention (such as General Mills pledged to decrease greenhouse gas emission by 28%), there are also a lot of opportunities for small and medium enterprises. Many "green cleaning" options can help you to decrease the use of toxic and harsh cleaners. In this way, your commitment to the environment multiplies in the supply chain.
Diversity: Business leaders realize that diversity in the workplace is helpful when everybody gets along or works in a group. Nevertheless, labor policies should apply to all workers, even employees at the top of the business (Fullagar & Wilson, 2012). The Steve Wynn and Harvey Weinstein scandals show that no business can resist the consequences of sexual annoyance. This movement raises other diversity problems in the workplace that require attention as well as concerted action. As a business manager, please review your diversity policy and agreement to resolve all violations and complaints.
Select a company that is part of the Australian Hospitality & Tourism business
Provide the company executive summary or the motivation for carrying out corporate social responsibility plans and activities
As the name suggests, resorts and hotels are licensed places to control public bars or provide accommodation in rooms or suites. Most rooms have bathtubs and/or showers and other facilities (Mooney, 2017). According to the IBIS World Report, Australia’s hotel industry is controlled by six (6) global groups, which control 25.3% of the country's market: AAPC Limited has an 8.5% market share; IHG Hotel Management Limited, Mantra Group Holding I PTY, Holding 4.1%;...