Corporate Social Responsibility in Malaysia - 1705 Words

INTRODUCTION What is corporate social responsibility? It s also known as social responsibility. Corporate social responsibility (CSR) is when a company or an organization striking a balance between profitability and our contributions to the communities in which they operate and being obligated to meet the expectations of stakeholders, who are the sources of the legitimacy of the organization. The stakeholders include the owners, investors, employees, customers, government, suppliers, competitors and the community. Meaning of being responsible that organizations are accountable to the stakeholders and the environment. While providing quality goods and services to consumers, organizations also expected to care and concern of the†¦show more content†¦#61558; In 2000, 129 new Shell scholarships were awarded and these include courses other than the traditional technical and science courses. 2. Training and development #61558; Social development programmes also include personal growth and development of the staff and those outside organization. #61558; Many organizations provide a training programme to university student to do their training or practical at their place. #61558; This training programme duration depend on the time required by the university and even some organizations give allowance to the trainee. #61558; Shell will work with Curtin University of Technology, Sarawak for the purpose of training and development and formal accreditation for the courses run by Shell for the staff. 3. Sponsorship for education activities #61558; Sponsorship for education activities or programmes usually for seminar, forum or educational festival. #61558; It can be in cash, organizer or place or anything that will help in order to made it happen. #61558; Shell had sponsor 21 students and teachers to the APEC Youth Science Festival in Singapore. The students were selected by the Ministry of Education based on their winning entries in the Science and Technology Education Carnival 98. #61558; McDonald s also give sponsor for educational programmes especially for primary school childrenShow MoreRelatedMcdonalds Corporate Social Responsibility in Malaysia1004 Words   |  5 PagesMcDonalds’ Malaysia is very concerned about what they can provide to their stockholders, the public, customers and even the suppliers. Since McDonalds’ Malaysia first came to Malaysia on 29 April 1982, they are well-known for their high commitment in their corporate social responsibility. McDonalds’ cares about human rights and their customers. They do not employ forced labourers or child labourers. Besides that, McDonalds’ has anti discrimination policy, especially the discrimination againstRead MoreBatm : Ethical Case Study1412 Words   |  6 Pagescontradiction: The practice and consequences of corporate social responsibility by British American Tobacco in Malaysia * British American Tobacco Malaysia (BATM) was formed from he merger of Rothmans of Pall Mall (Malaysia) Berhad and Malaysian Tobacco Company Berhad on 3 November 1999. * Today, British American Tobacco Malaysia is the clear market leader  with  approximately 63% market share, and ranks amongst the top 25 companies on Bursa Malaysia Securities Berhad in terms of market capitalisationRead MoreWhat is the Stakeholder Theory?1083 Words   |  5 Pagesare also considered as stakeholder. According to Stakeholder Theory, companies and organization should design their corporate and business strategies by considering all the interest of their stakeholder. Donaldson and Preston (1995) point out that the company should pay attention to their stakeholder because their demands have intrinsic value and thus the company has the responsibility to meet their legitimate claim. Second, addressing the stakeholder interest is perceived and proved to directly improveRead MoreMalaysia Franchise Business Registered under Malaysia Franchise Association731 Words   |  3 PagesMalaysia Franchise Business Registered Under Malaysia Franchise Association (MFA) Company Name: 7-Eleven Malaysia Sdn Bhd Type of Business: 24-Hours Convenience Store Product Category: Retail Type: Master Franchise Registrar of Franchise (ROF): 16 May 2000 Company Address: Level 3A, Podium Block Plaza Berjaya, No.12, Jalan Imbi, 55100 Kuala Lumpur Tel: 03-2142 1136 INTRODUCTION OF 7-ELEVEN 7- Eleven was founded by J.C. Thompson in the year 1927. Previously it was known as the Southland IceRead MoreFinancial Statements and Annual Report1138 Words   |  5 Pages2010 AJINOMOTO (MALAYSIA) BERHAD Incorporated In Malaysia (4295-W) Contents Corporate Information Ajinomoto (Malaysia) Berhad | Annual Report 2010 | Chairman’s Statement On behalf of the Board of Directors, it is my pleasure to present the Annual Report of Ajinomoto (Malaysia) Berhad for the ï ¬ nancial year ended 31 March 2010. Ajinomoto (Malaysia) Berhad | Annual Report 2010 | Director’s Profile Ajinomoto (Malaysia) Berhad | Annual Report 2010 | Director’s ProfileRead MoreThe BreadTalk Group Essay653 Words   |  3 PagesSingapore and many other countries like Malaysia, Hong Kong, China and Middle East (Hunt, 2013). The BreadTalk Group which consists of 7000 global employees is a franchisee of Din Tai Fung. They also operates Toast Box, Food Republic, RamenPlay, The Icing Room, and Carl’s Jr. in China (BreadTalk Group, 2014). Corporate Social Responsibility (CSR) is an ability to evaluate and initiate things independently to be responsible for the organization’s effects on both social well-being and environment issuesRead MoreSwot Analysis1426 Words   |  6 PagesSWOT ANALYSIS STRENGTHS WEAKNESSES 1) Maybank’s position as the undisputed leader in financial services in Malaysia, which has a widespread global presence (19 countries worldwide), allowing it to spread risk and enjoy economies of scale. 2) Its brand is well-established historically and continually promoted, for example through sponsorship of Golf Tournament and WWW Foundation for Bengal Tigers. 3) High client retention with higher than average checking account balances in the year 2011, withRead MoreEssay about A Study on Retailing in Malaysia810 Words   |  4 Pagesmost active sub-sectors in the Malaysian economy. 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Mcdonalds Corporation A Leader Of The Fast Food Industry

Abstract McDonalds Corporation has been a leader of the fast food industry since its launch in 1948. McDonalds has grown from a family burger stand to a global fast-food goliath, with upwards of 30,000 locations in 118 countries. (James, 2009) Under the organization of visionary Ray Kroc, a milkshake-mixer salesman, Dick and Mac McDonald opened the first burger stand in San Bernardino, CA. The dipping fries into shakes concept was born and McDonalds franchises swiftly grew: by the end of the 1960’s there were more than 1000 restaurants across the U.S. The first international location opened in 1967 in British Columbia followed by Costa Rica 1 year later. Thru 1979 the chain spread thru Japan, Holland, Sydney, Brazil, and South America. By†¦show more content†¦Lastly it structures its corporate drivers with the following 3 objectives; A Franchise model that ensures the deliverance of the framework of values globally, Product consistency through a sophisticated supplier network ed operation and distribution system, and a strong service brand. (Company Profile:: AboutMcDonalds.com, n.d.) In the early 2000 the CEO Jim Skinner unleashed the winning principles for the corporation known as â€Å"Plan to Win†. This strategy of his is credited with turning around the falling earnings. The idea was to establish a true focus on faster and friendlier service with tastier foods with more attractive environments at a better value with better marketing. This approach held up and increased sales from $50.1 billion to $70.1 billion in 2008 as you can attest to below. Let’s consider the sales of hamburgers during this time in staying with the frequented logo â€Å"100 Billion Served† to visualize the demand curve. The products served at McDonalds in the United States and abroad range from burgers to soup and its goal is to serve as many people as fast as possible with friendly, quality food and service in clean surroundings. They are known for menu variations globally to cater to local tastes and culinary traditions. McDonalds has introduced several nuances int o the industry that have established sensation’s across the industry. Some of these included introducing the â€Å"Kid’sShow MoreRelatedMcdonald s The World s Leading Fast Food Service Retailer Essay938 Words   |  4 PagesMcDonald’s Corporation is the world s leading fast food service retailer. In 1948, This infamous fast food company initially began as a small hamburger stand in Des Plaines, Illinois. This restaurant which would soon become a market leading force. It was founded by two brothers, Dick and Mac Donald. McDonald’s currently has over 30,000 restaurants in over 100 countries. McDonalds serves nearly 47 million customers daily. It is one of the worlds most well-known brands and is a significant leader in theRead MoreMcdonalds : Mcdonald s Restaurant1146 Words   |  5 PagesEven McDonald has built in America but in recently, to describe McDonald’s restaurant, it is one of the biggest fast food restaurants in the world. Today, McDo nald has cover more than 100 countries, more than 30,000 restaurants and serves more than 50 million worldwide in one day. McDonald use letter M with golden color for their logo, the logo is really important because the company show the brand quality and company has developed for customers for many years ago. However, the McDonald has beenRead MoreMcdonald Business Environment906 Words   |  4 PagesIntroduction McDonald Corporation is the world’s largest chain of hamburger fast food restaurant. There are over 30,000 McDonald’s restaurants in more than 100 countries and served an average of 50 million customer daily. A McDonald restaurant is operated by either a franchisee or by the corporation itself. The very first McDonald was open in Singapore in 1979 and today there are over 120 McDonald restaurants across the island which served 1.2 million customers weekly. McDonald employs around 9Read MoreInternal and External Factors Essay1027 Words   |  5 Pagesbusiness functions which are globalization, technology, innovation, diversity, and ethics. If you were to look into any organization, these would be factors and management functions would be found. McDonalds has been a global force in real estate and restaurant operation for many years now. The McDonald industry is always leading in globalization and is also using innovative technologies that help them continually improve i n all areas of business management. They have kept a high level of diversity andRead MoreMc Donalds Maketing Strategies Essay1527 Words   |  7 Pages1940 by Dick and Mac McDonald. Ray Kroc, credited with the chains global ambitions, bough the rights in 1955, he developed the brand and created the McDonalds Corporation. Throughout this study I am going to evaluate the marketing strategies being pursued by McDonalds and identify the market dominance, which has lead to McDonalds being on of the most successful multi-nationals to date. Effective marketing has enabled McDonalds to create a worldwide demand for fast food. ‘The aim of marketingRead MoreMcdonald s Business Strategy Analysis1465 Words   |  6 PagesEven McDonald has built in America but in recently, to describe McDonald’s restaurant, it is one of the biggest fast food restaurants in the world. Today, McDonald has cover more than 100 countries, more than 30,000 restaurants and serves more than 50 million worldwide in one day. McDonald use letter M with golden color for their logo, the logo is really important because the company show the brand quality and company has developed for customers for many years ago. However, the McDonald has beenRead MoreMcdonalds: Polishing the Golden Arches1199 Words   |  5 Pagescharacteristics, the five forces analysis, and also the driving forces of the fast-food industry. After that we identify the strengths, weaknesses, opportunities, and threats by using SWOT analysis. Finally, we classify McDonalds strategy into one of the five generic competitive strategies. ANALYSIS The chief economic and business characteristics of the fast-food industry In 2003 sales for the U.S. consumer food-service market totaled approximately $408 billion. For the sandwich segmentRead More Strategic Management of McDonalds Essay1134 Words   |  5 Pagescharacteristics, the five forces analysis, and also the driving forces of the fast-food industry. After that we identify the strengths, weaknesses, opportunities, and threats by using SWOT analysis. Finally, we classify McDonalds strategy into one of the five generic competitive strategies. ANALYSIS The chief economic and business characteristics of the fast-food industry In 2003 sales for the U.S. consumer food-service market totaled approximately $408 billion. For the sandwich segmentRead MoreMcdonald s A Fast Food Restaurant1173 Words   |  5 Pages McDonalds brothers started in 1941 with a unique and attractive idea by opening a fast food restaurant and it was successful, and McDonalds was said to be the first of their kind in the fast food industry which gave a great opportunity to entering the market and shortly after that dominating it for years, they almost had no barriers for entry and they were also able to crush the rivalry old classical eat-in- restaurants with their unique idea of foods that were of a good quality, quickly assembledRead MoreLearning Team Assignment Control Mechanisms of Mcdonalds1477 Words   |  6 Pagesbecome a leading competitor in the fast food industry. They are a household name famous for its signature â€Å"golden arches† and â€Å"supersized† fries. McDonald’s is an international corporation that manages several hundred independently owned stores. To effectively manage this type of corporation, McDonald’s must use several control mechanisms. Below is an analysis of McDonald’s control mechanisms and how the management functions incorporate them. Managers and corporations use four controlling functions

How to Discover Your Life Dreams Free Essays

How To Discover Your Life Dreams I have an assignment for you Do you want to know why you were born? What your sacred mission In life Is? Here’s what you do: Schedule a few hours for a personal retreat; a whole day is even better. Get your calendar and cross out that special day with a fat red pen. No one touches that day, It’s your date where you discuss your life with God. We will write a custom essay sample on How to Discover Your Life Dreams or any similar topic only for you Order Now Take that extended time of personal reflection and bring these questions with you. Here are some â€Å"heart questions† for you to answer†¦ Questions To Answer: What are your greatest strengths? What Is the primary gift that has been given to you to bless the world? What do you enjoy doing the most? What were the happiest moments of your life? What were you doing during those moments? If given an opportunity to live In anyway and do anything?no matter how crazy your choice would be?what kind of life would you choose to live? Imagine yourself on your 75th birthday: What kind of person would you want to be by that time? If family members were to honor you on your 75th birthday party, and thank you and speak about the good things that you have done,what would you want them to ay to you? Ђ Write down a tentative Personal Mission Statement: From your answers above, write a tentative Personal Mission Statement. This one sentence should express what you most deeply believe your life should attain at the end of your days. It should be inspiring and moving as well. And don’t worry if it won’t be perfect. Your Personal Mission Statement should undergo much revision a nd editing as the weeks, months, and years go by. You should review your Personal Mission Statement in prayer regularly. Finally, write down your Life-Dreams Now that eve written down a Personal Mission Statement, write down a description of your life twenty years down the road. Picture yourself, your schedule, your work, your house, your relationships, your projects, your character in vivid detail. Don’t worry if you fill a few pages for your Life-Dreams. Let your heart speak as you paint in the canvas of your imagination. Create Your Financial Plan Based On Your Life-Dreams After writing your Life-Dreams document, write your financial plan: How much you should be earning next year. Writing down a financial goal is an exercise in faith. And an exercise in personal commitment. Your mind will be forced to open up and think of ways how those goals would be met. When I did this, it was as though power was being released as I wrote my financial goals. But as I scribbled on paper every crazy idea that came to my mind, I repeatedly kept going back to my divinely appointed mission in life? because that was how God was going to provide for me. Let me explain. I believe that when we’re faithful to our mission and give ourselves to the world and genuinely help people live a better life, we see the world repaying back. When we give, we receive?and we Just don’t receive, but we receive much more than what we have given. Why? Because God has written the Law of reciprocity in the fabric of the universe. Naturally, for this Law of Reciprocity to work, you need to charge what you are worth and not undersell yourself. Earning money doesn’t make you less spiritual. If the money that you’re going to earn is to support your God-appointed Life-Dreams, it is very spiritual. (It’s another issue altogether to be working for a religious ministry or a rather to pick up non-monetary rewards in the after life. So far, Vive been able to attain my financial goals?enough to support my family and more than enough to be generous to those in need? the second part being an intrinsic part of my mission. But more importantly, by creating a financial plan based on my Life-Dreams, I live deliberately, and money is still connected to my mission?not something apart from it. Because success for me isn’t having the greatest wealth but the fulfillment of my life-dreams?ninety percent of which aren’t financial. May your dreams come true, Boo Sanchez How to cite How to Discover Your Life Dreams, Essays