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Global Corporate Social Responsibility of Tesco (Grocery Retailer, UK) - Critical Evaluation (Paperback)
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Global Corporate Social Responsibility of Tesco (Grocery Retailer, UK) - Critical Evaluation (Paperback)
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Seminar paper from the year 2011 in the subject Business economics
- Business Management, Corporate Governance, grade: A, The
University of Chicago, language: English, abstract: The companies
are the integral part of the society and they have both, the
potential and obligations to the society and their obligations to
the society is called corporate social responsibility. CSR is
practiced by all the companies including SMEs. The CSR practices of
the food retail sector of the UK have been a matter of prime
concern as they are the major contributors to the UK economy. Tesco
PLC is the largest food retailer in the UK and its CSR practices
need to be examined with respect to its operations, activities and
products. Generally, large companies claim their concern and
commitment to CSR and announce it elaborately in their reports. The
claims made by Tesco are different from the ground realities. The
company claimed to reduce energy consumption and emission of
greenhouse gases but could not achieve it for some or other
reasons. Similarly, Tesco claimed to adapt to a compatible process
of sourcing of its food products to be sold in its stores. The
process claimed to investigate and monitor different stages of
sourcing sincerely, but the recent horse-meat scandal revealed that
there is a wide gap between the claims and the ground realities.
The CSR is practiced by most of the companies for building
reputation and the objective of the CSR to create value for the
society is left behind.
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