Management in a Globalised World Assignment Example | Topics and Well Written Essays - 2000 words

Management in a Globalised earthly concern - Assignment ExampleIncreasing number of companies concentrate more resources, time, and efforts for being a true incorporate responsible citizens. Corporate Social Responsibility (CSR) as a concept has many various definitions and interpretations. CSR is defined as a counselling concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders (United Nations Industrial Development Organization, n.d. n.p.). Therefore, CSR is a concept built upon three major pillars, including economic, social, and environmental. There are many social and environmental issues, which the companies may address in order to improve social welfare and summate to positive environmental footprint. The key CSR issue vary from environmental management, responsible sourcing, and eco-efficiency to labour standards, social equity, employee and union relations, etc. (United Nations Industria l Development Organization, n.d).As it is forecasted that the world population will exceed 9 zillion by 2050, the problem of fresh pissing supply will be quite serious (Brownlee and Elias, 2014), management of just water resources remains to be one of the important discussions among the scientists, environmentalists, and other professionals. Mindful use of scarce natural resources such a water is also an important issue in agendas of many enceinte corporations operating in food and drink industry. Either being driven by ethical considerations or by business profitability issues many company adopt various CSR initiatives related to responsible water management.One of such corporations is a global leader in drinks industry, Coca-Cola. Water stewardship is one of the key elements of Coca-Colas system and value chain (Sustainability report 2013/2014). The company recognises the necessity to maintain a sufficient bar of safe, accessible water from sustainable supplies (Coca-Cola