In today’s free-market economy, where is your reputation stand for as a corporation often matters more than what products you offer. How the people feel about a company is solely based on their perceptions on good feeling, admiration, esteem, and finally, their trust in the company’s Corporate Social Responsibility practices (CSR). The companies with the best reputations will receive recognition from the public for their effort and are on the right path of building a sustainable business for the future. A good reputation may include safe products and services, safe workplace environment, good leadership, corporate citizenship, financial performance, innovation and business ethical.
Introduction
Corporate …show more content…
Microsoft products are well-know and used throughout the world and being such a successful company that set a high standard on their CSR and for other corporations. One of Microsoft CSR is its commitment to increasing access to computer science education. Through their global YouthSpark initiative, which partner with other businesses, nonprofit organizations, schools, and governments to make more computer science education courses, provide trainings and resources, so that young people, no matter where they may live or what their background, will have the opportunity to learn computer science and explore how it can help achieve their goals and dreams with computational thinking and problem-solving skills. As we living in the world of information and technology innovation, and will continue to do so in ways well beyond our imagination today. Technology will help us solve the world’s …show more content…
This multi-billion dollar low-cost discount retail giant consisting of more than 5,000 stores and Sam’s clubs employed more than 1.4 million employees nationwide (Walmart, 2016) and with a net profit of 4.05 billion dollars per fiscal quarter (Market Watch, 2016). Walmart promises its customers "Always low prices!" and "Save more, live better!" and keep this promise by offering low-quality products import from oversea sweatshops, mostly China to its customers and pay its employees a starving-wages, meanwhile maintain a high return on investment for its shareholders with 51 percent of share owns by the Walton family (Yahoo finance, 2016). In labor relation issues, the United Food and Commercial Workers (UFCW) in particular have nailed Walmart for its policies and business practices. According to National Labor Relations Board (NLRB), the company is expected to spend 300 million dollars this year on regulatory and compliance enhancements, including dealing with a complaint against the company from the National Labor Relations Board that it illegally retaliated against its striking employees.