Corporate social responsibility Essay Example | Topics and Well Written Essays - 2500 words - 2

Corporate social responsibility - Essay Example Over the period of time, corporate social responsibilities have gained its prominence in public and business debate. Furthermore, it has affected the working strategy of business in such a way that crosses the departmental restrictions. The corporate social responsibility is referred to as the strategic alteration initiated by firms or organization is such a way that is beneficial, society friendly and ethical towards the development of community. According to Moser, Gyomlay, corporate social responsibility is viewed as increasingly central concern and widely-applied concept in decision making process of a business. Moreover, it is defined as the circumstances where a business or firm engages in accomplishment and goes beyond the compliances that go beyond the interests of the firm and based on social good. It is believed that, every corporate report, policies talk about the undertakings and activities for corporate social responsibility. This has become the primary way of ensuring t hat a firm of business is achievingand satisfying all obligations towards society. The prime purpose of the report is based on critical assessment of importance of corporate social responsibility towards business and society. Corporate social responsibility is also known as sustainable responsible business that is a practice of corporate self-regulation. It is defined as the sense of responsibly of a business or firm towards the environment and community. The citizenship is expressed by companies through contribution on social and education programs, pollution and waste reduction procedures. In early 1970, the term corporate social responsibility came in to prominence. Many multinational corporations used the word CSR to define the activities of businessthat impacted their duty and concerns towards the environment. Different researches have provided different viewpoints about the proper implementation and

Money in Baseball Research Paper Example | Topics and Well Written Essays - 1500 words - 1

Money in Baseball - Research Paper Example This was the reason for the increase in the revenues of MLB. To increase the revenues, MLB had signed a deal with the eBay’s unit StubHub that permitted people to buy and sell tickets. This had affected the revenues of MLB and they were being benefited in rising revenues (Isidore, â€Å"Baseball close To Catching NFL as Top $ Sport†). The other sources of revenue generation that was utilized by MLB were the options such as official website of MLB selling different merchandises, tickets and other items through ‘satellite radio broadcasts’, television game packages and other options for revenue (Isidore, â€Å"Baseball Close To Catching NFL As Top $ Sport†). The radio broadcast at the initial phase was merely for free publicity, but as the game became more professional there were contracts between the radio broadcaster and the leagues. At the initial stage there were less revenue generated and it was only at a local level from the local radio broadcasts. Later around the year 1950, Liberty Broadcasting System added National radio broadcasts of the games played in the regular season. The inclusion of national radio as well as television broadcasts has helped in the teams in MLB to generate more revenues (Haupert, â€Å"The Economic History of Major League Baseball†). The television was used as the source for revenue. The league had contract with the television broadcaster and this became the source of revenue that started from 1946. There has been immense increase in the revenue from this source from 1946 till the current situation (Haupert, â€Å"The Economic History of Major League Baseball†). From the franchise value MLB earned revenues. They have created their brand value and this assisted in franchise value appraisal. In the year 1998, the latest team to join MLB had paid US $130 million to MLB for the privilege (Haupert, â€Å"The Economic History of Major League Baseball†).