Supply Chain Management ( Scm ) - 1151 Words

1. Introduction 1.1 What is Supply Chain Management (SCM) When we look around in a study room, we know everything is produced by different manufactories, but we do not know how the table or chair is produced from the row materials, and what the most efficient way through the manufacture process is. All these activities involved a term Supply Chain Management (SCM). The figure 1 shows the entities involves in Supply Chain, namely the row materials, supplier, manufacturing, distribution, customer, and end-users. Figure 1. The entities in Supply Chain In the APICS dictionary, supply chain is defined as two meanings. (1) The process from the initial row materials to the ultimate consumption of the finished product linking across supplier-user companies. (2) The functions within and outside a company that enable the value chain to make products and provide services to the customer. As we can see in the Figure 2, the supply chain is the integrated network of all kinds of facilities and distribution options involves in transferring row materials to the intermediate and final products consumed by end customers. Different kinds of row material are provided by several suppliers to the manufactory. The manufactory is generally comprised with six part, namely Logistics, Purchasing, Production, R D, Finance, and Marketing Sales. The final product are sold to the end-customers directly or via the vendors. Moreover, there are two flows from top to button, production flow and financeShow MoreRelatedSupply Chain Management ( Scm )1992 Words   |  8 Pages1. Introduction Supply chain management (SCM) is a massive topic of interest and has been trending ever since the advent of globalisation. The global economy scenario generates a data which could be capitalised by analysing the data to increase supply chain presence, integration, track organisational performance and increase competitive advantage (Chae Olson, 2013). Furthermore, There are several systems that are developed to analyse the statically and qualitative to optimise the plan, acquisitionRead MoreSupply Chain Management ( Scm ) Essay1744 Words   |  7 PagesTHE CORE ISSUES RELATED TO SUPPLY CHAIN DISRUPTIONS, TO REDUCE THE EXTRA COSTS OF COMPANIES Introduction The topic of the research has been discussed that what actually supply chain management (SCM) is, where it is utilized and what its importance in a business are, and why it is necessary to go for a research in this field. Additionally, opinions of different authors has been given that how an organisation could reduce their costs on the basis of supply chain management and why should the managersRead MoreThe Supply Chain Management ( Scm )2108 Words   |  9 Pages1. Introduction Supply chain management (SCM) is one of the most important business components to help customers of Marks and Spencer fulfills their satisfaction. Fundamentally, supply chain components are consists of four main components, which are suppliers, manufacturers, retailers, and customers. â€Å" Such developments clearly require supply chain cooperation and coordination â€Å" (Gustafsson et al, 2006) between each components of supply chain. Stock checking by human in the past is ineffective whenRead MoreThe Supply Chain Management ( Scm )1080 Words   |  5 Pagesthinking about the idea of Supply Chain Management (SCM) there are two core ideas that can be taken into account. Nearly every product that is obtained by a consumer is done so through the efforts of multiple companies working collaboratively. Secondly, many companies within these systems have historically been focused only on what role they play individually. SCM strives to bridge the gap between companies and organizations by providing effective management of supply chain activities in a way thatRead MoreImportance Of Supply Chain Management ( Scm ) Essay791 Words   |  4 Pagesto inform all staff of the importance and resources of Supply Chain Management (SCM). An effective SCM design assists in the enhancement, profitability, and stakeholder value for the company. Potentially, increasing opportunity for employee advancements within the organization. Through research and analysis, the SCM consists of five drivers: †¢ Production †¢ Inventory †¢ Location †¢ Transportation †¢ Information (Maududi, May) The drivers are SCM fundamentals critical to an operative process. An organizationRead MoreImportance Of Supply Chain Management ( Scm )3206 Words   |  13 Pages The Importance of Supply Chain Management Term Research Paper Ryan Hibbs Dr. Stanton BUS 311 B 8 December 2014 Importance of Supply Chain Management The leading companies around the world utilize a new method of business coordination that gives them a competitive edge in the market. Supply chain management gives companies the power of that competitive edge. Supply chain management (SCM) is defined as including all the activities that must take place to the right product intoRead MoreSupply Chain Management Systems ( Scm ) Systems1776 Words   |  8 PagesSupply Chain Management Systems Supply chain management (SCM) systems have been a new and steady buzz word from late last century up to today. Large companies depend on SCM systems to reduce cost and increase revenue. This article explores the relevant use of SCM systems in today’s business world through different means of analysis, such as SCM performance, variables associated with cost and revenues, and business, supplier and customer relationships. It advocates for their use and provide quantitativeRead MoreEnterprise Resource Planning (Erp) and Supply Chain Management (Scm) -Application in Retail Industry Supply Chain (Marks and Spencer)2349 Words   |  10 PagesAND SUPPLY CHAIN MANAGEMENT (SCM) -APPLICATION IN RETAIL INDUSTRY SUPPLY CHAIN (MARKS AND SPENCER) ABSTRACT: This report examines Supply Chain Management (SCM) and how it enhances the supply chains in the Retail Industry. Also the report examines how the supply chain is a link of suppliers and buyers and customers in turn becoming supplier. The report examines the problems associated with the supply chain a major one which is bullwhip effect. This study focuses on how ERP and SCM workRead MoreReducing Complexity Levels Within Supply Chain Management1410 Words   |  6 PagesComplexity Levels Within Supply Chain Management Supply chain management (SCM) practitioners are often asked to discuss the top challenges they face in today’s business environment. Since change is constant, the challenges experienced today will at some point change over time. Over all, when taking into consideration all the challenges found in today’s SCM environment, one may wonder how it is possible to effectively and efficiently manage activities within a complex SCM. The answer lies withinRead MoreSuppliers And Supply Chain Management1580 Words   |  7 PagesASSIGNMENT #1:Suppliers and Supply chain management Submitted by Vishnu Gandhamaneni Student Id: 30129773 LECTURER TUTOR: Mr. Gopi Krishna Akella â€Æ' Table of content 1.Abstract 3 2.Introduction 3 3.Basic principles of SCM 4 4.Advantages of SCM 4 5.Problems on SCM 5 6.Solutions of SCM 5 7.Case study description 6 8.Conclusion 8 9.References 9â€Æ' A Complete Study of Suppliers and Supply Chain Management in E-Commerce Vishnu Gandhamaneni

Pennsylvania Vital Records - Births, Deaths Marriages

Learn how and where to obtain birth, marriage, and death certificates and records in Pennsylvania, including the dates for which Pennsylvania vital records are available, where they are located, and links to online Pennsylvania vital records databases. Pennsylvania Vital Records: Division of Vital RecordsState Department of HealthCentral Building101 South Mercer Street, Room 401P.O. Box 1528New Castle, PA 16101Phone: (724) 656-3100 What You Need to Know:Check or money order should be made payable to Division of Vital Records. Personal checks are accepted. Call or visit the Web site to verify current fees. All requests for 1906 and later records MUST include the signature and photo ID of the individual requesting the record. The online request service is not available for genealogy requests. Pennsylvania Birth Records Dates: From 1 January 1906 Cost of copy: $20.00 (certified from State Vital Records); $5.00 (non-certified from the State Archives) Comments: Access to Pennsylvania records of birth that occurred less than 105 years ago is restricted to immediate family members and legal representatives (spouse, parent, siblings, children, grandparents, grandchildren). Other family members (cousins, etc.) can obtain a copy of a birth certificate only if the individual is deceased and a copy of the death certificate is submitted with the request. Birth records older than 105 years are open to the public. With your request, include as much as you can of the following: the name on the birth record being requested, date of birth, place of birth (city or county), fathers full name, (last, first, middle), mothers full name, including her maiden name, your relationship to the person whose certificate is being requested, your purpose for needing the copy, your daytime telephone number with area code, your handwritten signature and complete return mailing address.Application for Certified Birth Certificate   Non-certified copies  of birth certificates  are only available for the years 1906—1909 and  of death certificates for the years 1906–1964. These can be obtained from the State Archives, not through State Vital Records * For earlier records, write to Register of Wills, Orphans Court, in the county seat of county where event occurred. Persons born in Pittsburgh from 1870 to 1905 or in Allegheny City, now part of Pittsburgh, from 1882 to 1905 should write to the Office of the Register of Wills for Allegheny County. For events occurring in the City of Philadelphia from 1860 to 1915, contact the City of Philadelphia Archives (be sure to ask for a non-certified, genealogy copy). Online:Pennsylvania Birth Records, 1906–1911  with images and index available as a subscription database on Ancestry.com; free to residents of PennsylvaniaPennsylvania Birth Indices, 1906–1910 (free) Pennsylvania Death Records Dates: From 1 January 1906 Cost of copy: $9.00 (certified from State Vital Records); $5.00 (non-certified from the State Archives) Comments: Access to death records older than 50 years in Pennsylvania is restricted to immediate and extended family members and legal representatives. Records older than fifty years are open to the public and accessible through the Pennsylvania State Archives. With your request, include as much as you can of the following: the name on the death record being requested, date of death, place of death (city or county), your relationship to the person whose certificate is being requested, your purpose for needing the copy, your daytime telephone number with area code, your handwritten signature and complete return mailing address.Application for Certified Death Certificate * For earlier records, write to Register of Wills, Orphans Court, in the county seat of county where event occurred. Persons who died in Pittsburgh from 1870 to 1905 or in Allegheny City, now part of Pittsburgh, from 1882 to 1905 should write to Office of the Register of Wills for Allegheny County. For events occurring in City of Philadelphia from 1860 to 1915, contact the City of Philadelphia Archives (be sure to ask for a non-certified, genealogy copy). Online:Pennsylvania Death Indices, 1906–1965  (free)Pittsburgh City Deaths, 1870–1905 Philadelphia City Death Certificates, 1803-1915 Pennsylvania Deaths 1852–1854  (Ancestry.com subscription required) -- available for 49 of 64 counties Pennsylvania Marriage Records Dates: Varies by county Cost of Copy: Varies Comments: Send your request to the Marriage License Clerk for the County Court House in the county where the marriage license was issued. Online:Pennsylvania County Marriages, 1885–1950Philadelphia Marriage Indexes, 1885-1951Record of Marriages, 1885–1891; incomplete listing from various PA counties (free) Pennsylvania Divorce Records Dates: Varies by county Cost of copy: Varies Comments: Send your request to the Prothonotary for the County Court House where the divorce decree was granted.

Conditioning Psychology Free Essays

Learning is an important skill that all organisms must acquire in order to survive or fall prey to Darwinism’s main idea of survival of the fittest. Learning is the long lasting effect of a change in behavior. This would constrict the application of learning conditioning to a few applications. We will write a custom essay sample on Conditioning: Psychology or any similar topic only for you Order Now The three most recognizable applications are classical conditioning, operant conditioning, and learning by observation. Each type of learning is different, but uses similar ideas such as an unconditioned stimulus, which is usually food, and an unconditioned response, which food is associated with salivation and hunger. There are several ways that an individual can condition an organism to learn skills through three different applications of learning: classical, operant, and observation. The idea of classical condition is one of the most notable learning techniques because it involves a stimulus rewarded for a certain response. Naturally, animals and human have unconditioned stimulus that triggers an unconditioned response. The most common connection is the correlation between food and salivation. Food naturally draws organism to it in order to satisfy a drive created by hunger to acquire homeostasis. A response is created because of the organism’s reaction to food, which is usually salivation. Classical conditioning is considered an effective way to train an organism to learn habits not naturally associated with certain unconditioned stimulus. This creates a conditioned stimulus. The once unconditioned response is now conditioned to respond to the conditioned stimulus, which is called a conditioned stimulus. An example of conditioned stimulus and response is the example of associating the school bell with food. Children are hungry by nature, but when the school bell is added, the children are reinforced to associate the school bell with lunchtime. Classical conditioning is effective when trying the teach an organism a skills by rewarding the organism with a unconditioned stimulus. An individual could use classical conditioning to teach an organism to learn skills that could aid in their own survival such as teaching human to avert certain food because of taste. If one were being taught to avert away from sour tastes, the teachers would first use a food that was extremely sour. By using the person’s innate instinct of hunger, they would give the person a lemon to eat. This sour extremity would cause the person to avoid lemons. The teacher would continuously use this tactic until the person has acquired the skill of aversion of lemons. The learner would have an acquisition of the skill. The teacher would then condition the learner in a variable interval to constantly reinforce the skill. The learner would then avoid all lemons. This may cause the learner to generalize the concept of lemon, for example, the learner may generalize the yellow color to symbolize all sour products, such as generalizing bananas as being sour. The teacher would then have the obligation of teaching the person how to discriminate items, so that his aversion is just towards lemons. While classical conditioning involves the stimulus being rewarded to incur a response, operant conditioning deals with changing the occurrence and forms of behavior. The main different between operant conditioning and classical conditioning is the operant conditioning deals with modifying the learner’s voluntary behavior. Operant conditioning involve consequences to teach desired skills. There are two ways that operant conditioning works, through reinforcement and punishment. Reinforcement comes in two flavors: positive reinforcement and negative reinforcement. Positive reinforcement is the teacher adds something of pleasure to the learner’s behavior in order to get a certain skill. An example would be a mom allowing her child to play video games if the child put the trash outside. The mom uses the favorable stimulus, which is the video games, in order to achieve a behavior, which is taking out the trash, out of the child. There is also negative reinforcement, in which negative reinforcement is the teacher removing an aversive stimulus, which is usually seen as unpleasant, in order to increase the frequency of a certain behavior. For example, when someone wakes up early in the morning, they use an alarm clock to tell them when to wake up. When the alarm clock is activated, it sends a signal, which is usually an annoying buzzing noise, to the learner that it is time to wake up. To reinforce the behavior of waking up, the learner must get up from bed to turn off the aversive stimulus. Reinforcements are consequences of reinforcing favorable behaviors. Punishments, on the other hand, are consequences in which the teacher tries to reduce the frequency of unfavorable behaviors. As with reinforcements, there are also positive and negative punishments. Positive punishment refers to occurred behavior followed by aversive stimulation, such as shock. An example of positive punishment would be if a child had talked negative to the mom, and the mom would respond with a slap on the wrist in order to lessen the frequency of such behavior. Negative punishment, on the other hand, is the removal of a pleasurable stimulus after the occurrence of an undesirable behavior. As with the example of the mom, and the child taking out the trash, if the children had not taken out the trash, the mom would instead take away the video games to lessen the frequency of not taking out the trash. The problem with punishment is that it may cause the learner to demonstrate bad behavior in response to the punishment through responses of fear or anger, rather than lessen the occurrence of the aversive behavior. Operant conditioning is more effective using reinforcements than punishment. However, using both facets successfully is the most effective way. An individual could teach another through operant conditioning if one would like to change a voluntary behavior in another. The teacher would have to use reinforcements to reinforce the desired behavior from the learner. For example, if the individual wanted the learner to wash the dishes after eating, the individual would have to give an incentive to the learner in order for the behavior to continue, such as letting a child play video games after completing his chores. The continuous stimulation by the positive reinforcement would allow the learner to associate good behavior with pleasurable activities. Once the learner has acquired the behavior, the learner may generalize the behavior to include doing all his chores in order to gain the positive reinforcement. The teacher would use punishment sparingly to lessen the frequency of aversive behavior such a taking away the video games. The way that an individual could instruct an organism to acquire a skill is through observable learning. Observable learning is the observations made by the learner through the actions of the teacher in order to create a skill, or change a behavior. Observational learning is the most commonly used tactic. It allows the learner to learn a skill without reward or consequences. The learner learns through observing the teacher and then imitating the actions of the teacher. This is a more common tactic to teach child skills that are learned and reinforced throughout their adulthood, such as table manners. The individual could teach an organism how to do a skill through observational learning. The individual would do an act that is observed by the learner, and they would have the learner imitate the actions. For example, a mother would like to teach her child table manners. She would demonstrate proper table manners to the child. She would then have the child repeat and imitate her actions. Once the child has acquired that knowledge, the mom would continuously reinforce the behavior. The child would learn table manners without much need for punishment or reinforcers. The way that observational learning works, some may categorized observational learning as operant conditioning because it usually involves changing behaviors. The individual could use these three conditioning techniques in conjunction with each other, in combination with them, or separately. Either way, these techniques, classical conditioning, operant conditioning, and observational leanring, are the effective way to show an organism how to learn skills. How to cite Conditioning: Psychology, Papers

Ethics and Governance

Question: Discuss about theEthics and Governance. Answer: Introduction: The act of generalizing facts is a problematic situation and it varies from one organization to the other. The corporate social responsibility (CSR) is not only concerned with the contribution of money, but it also deals with the involvement in activities that bring positive outcomes in the lives of the people (Bondy Moon and Matten 2012). The corporate social responsibility implies that the organizations have certain duties towards the society such as ethical, moral and philanthropic (Bondy Moon and Matten 2012). In this modern day, however, the ethical considerations of CSR have ceased to exist. The profit motive of the firm has gained prominence and the act of CSR is only a medium for doing so. This does not imply that all the organizations are adopting unethical measures, however, the true meaning of CSR is lost somewhere. This paper aims to explore the crucial question of whether CSR concerns about ethics or it is only concerned about profit making of the organization. Discussion The economic, ethical, philanthropic, moral and legal expectations of the society from an organization at a particular point of time are known as corporate social responsibility. The organizations need to implement a broad range of responsibilities and not only stakeholders. They need to involve the employees, customers, suppliers, environmental groups, local community and federal governments in the process of CSR. The stakeholders theory states that the organizations need to take care of the stakeholders (Wang and Jiang 2013). This theory also states the importance of values and morales as an important role for the management of the organizations (Wang and Jiang 2013). The essence of CSR involves various critical discussions. It is often said that the organizations are keen on increasing their long term profits with then help of CSR. It is also said that it distracts the organization from fulfilling its economic role. It is also argued that CSR has a neutral effect on the financial impact of the organization. The primary purpose of CSR is to improve the brand image of the organizations (Lee Park and Lee 2013). The consumers are most likely to make purchases from a company that is supportive towards society and contributes towards its betterment. This leads the company to engage in CSR activities, however, their intention still focusses on profit making (Lee Park and Lee 2013). The society also expects that the companies would operate in a fair manner and not engage in dishonest means. They also expect the organizations to produce goods as per the customer requirements and present them at an affordable price. The organizations often fail to fulfil these requirements. They are often seen to demonstrate socially irresponsible behaviours. The CSR activity relates to business ethics, however, are not synonymous with it. It is concerned with the judgments, moral behaviours, honest policies and responsible behaviours of the companies (Preuss 2012). The ethical responsibilities are a subset of the CSR activities and can be regarded as a characteristic of it. There are numerous attempts that tend to establish the relationship between ethics and CSR. The distinction between the real benefits of CSR and the motives of the company needs to be determined (Preuss 2012). It is believed that there would be improved outcomes if sufficient transparency is maintained by the companies. They usually underline the reasons for engaging in CSR in order to maintain the goodwill of the organization. The ethics is concerned with the correct and wrong perspective of the corporate activities. It is concerned with the assessment of the moral activities of a firm . The ethical responsibilities of an organization are spread across several levels such as the teams, individuals and the organizational level (Homburg Stierl and Bornemann 2013). The ethical behaviour of the company comprises of several parameters such as respect, trustworthiness, responsibility, caring attitude and fairness (Homburg Stierl and Bornemann 2013). The increased globalization of the company has also encouraged the companies to adopt a lenient approach towards business ethics (Homburg Stierl and Bornemann 2013). The organizations, either intentionally or unintentionally, focus more on the generation of revenues, rather than adhering to the moral obligations of the society. This does not mean that the companies are engaging in criminal offences, but the fine line of difference between ethics and profit has ceased to exist. The CSR is considered to be a win-win situation. The organizations are eager to make profits under the frame of societal benefits. There have been instances when there are no significant gains to the society except the advantage of the organization. The company is able to make profit by making maximum enforcement of the societal responsibilities. The studies have shown that the CSR activities present a positive image of the brand among the masses (Huang et al. 2014). It gives a good impression among the people that the company is concerned about the society. It also enhances the customer retention of the company as the customers are delighted by the initiatives of the company towards the betterment of the society. The CSR activities is responsible for the development and the enhancement of the relationships of the employee with the suppliers, customers and the suppliers (Bartkus and Morris 2015). The company gets better opportunity to recruit, retain and sustain a satisfied workforce . It is also possible to receive the tagline of Employer of Choice and enhance the brand value of the company (Bartkus and Morris 2015). The business reputation is enhanced and there is a subsequent increase in the revenues of the company. This is because of the creation of the positive image of the brand. This also gives more opportunities to the organizations for searching suitable investors. There is positive publicity of the company which attracts the potential investors (Saeed and Arshad 2012). The increased CSR activities also draws the attention of the media houses. They also help the organization in transferring the organizations message to the audiences. The CSR aids in the enhancement of the strategic philanthropy of the firm. This implies the linking of the employee activities to the human resource strategies (Saeed and Arshad 2012). It also implies the inter connection between the charitable activities with the marketing strategies of the company. It also fosters cross s ector partnerships with the major community segments. The CSR activities play a strategic role in the improvement of the organizational performance which in turn leads to greater profitability of the firm. This is achieved by the development of the organizational resources that may be tangible or intangible. The intangible resources consist of the reputational capital and social capital, which can be developed by the organizations over a period of time (Lins Servaes and Tamayo 2015). The social capital refers to the initiatives of the organizations in the creation of mutual benefits and coordination. It can be defined as an asset that is embedded in the social networks and the social relations. There can be two forms of social capital such as relational and structured (Lins Servaes and Tamayo 2015). The social capital is often compared with the organizational advantage through the creation of the trust (Laursen Masciarelli and Prencipe 2012). It can also aid in the creation of the intellectual capital and promote innovation in the organ ization. This can be achieved in the operational level by understanding the concepts of networking and other social tools. The external and internal networks provide great opportunities for the organizations for creating reliable social networks. These kind of corporate activities are beneficial for the community as there is an increase in social participation (Lins Servaes and Tamayo 2015). It also helps to create positive attitudes within the community which can be an important component in the sustainable development of the organization with the help of economic prosperity (Walter 2013). The social capital can be accumulated through the human interactions that fosters collective action. The social cohesion helps the company to build profitability. The reputational capital consists of the value creation in the stakeholders mind when they are interacting with the organization (Hond et al. 2014). The reputational capital can be used to bring in positive outcomes for the firms. The C SR is an excellent tool for the creation of reputation (Hond et al. 2014). It also provides incremental gains as the corporate image is enhanced. The increased reputational capital would also help in the recruitment of talented employees who would be willing to be a part of the organization. They would provide their best performance and would lead to satisfied customers. This would ultimately enhance the revenues of the organization that would lead to higher profitability. The CSR activity is also used as a tool for increasing the corporate domination. The CSR has the tendency to divert the attention from the real issues of the social causes and focus on the superficial issues. It cannot be denied that the corporate entities believe in the philanthropic approach (Hack Kenyon and Wood 2014). The finances they are allocating to the charities or the social activities actually belong to their shareholders. They cannot distribute the finances of the shareholders into some activities where they can perceive no potential profits. This is the reason that they want to improve their brand image. They can be looking for easy advertisement mediums, balance the pressure groups or genuinely addressing social causes, but there is always an underlying financial motive attached with it (Hack Kenyon and Wood 2014). The CSR activities enable the organizations to gain entry into the niche market segments and opt for the privatization of the social functions. This is done through proposing solutions for the environmental and social causes. The organizations understand the fact that CSR has a Unique Selling Proposition and it would appeal to the desires of the consumers. The CSR is considered as an effective Public Relation (PR) tool these days. It is believed that CSR is accredited to cover up the negative images of the organization and replacing them with the positive impacts of the credentials of the organization (Perks et al. 2013). CSR is often equivalent to a PR strategy, according to the researchers. This has often landed the company into legal battles. This was exactly the case with Nike when it faced criticism in the US Supreme Court regarding its CSR movements (Wood 2013). The activists took an attempt to sue the organizations on account of a misleading public relations campaign. There were debates regarding the legal approvals of the organizations publicity as well as public relations tools. This case poses a serious question to the corporations that if they are really concerned about the accountability and t ransparency of their CSR activities, then they would not be involved in serious legal actions (Crane Matten and Spence 2013). The issues arise when there is a mismatch of the words of the company in public and with the NGOs. The legal ruling poses difficult situation for the companies as they often come up with misleading statements in order to preserve their brand image. Conclusion The debate regarding the actual motive of CSR is continuing since a long time. Certain groups believe that the companies are engaging in ethical acts through CSR, while others believe that the only intention of CSR is concerned with the profit. It is true that the organizations, especially the multinational companies are not running for the purpose of charity. In fact, there are no business entities that do not work for profits, except the NGO, charitable trusts and similar entities. This essay gives a fair idea regarding the various aspects of the CSR and its close correlation with profits as well as ethics. The CSR activities are scanned from both these viewpoints and it is concluded that CSR is concerned more with the generation of revenues. The underlying principles of the organizations that drive them towards generation of profits are discussed. The effects of the profit making motive of the organizations along with the role of CSR are also discussed. This paper would give a bet ter understanding of the concepts of CSR in a real life scenario. References Bartkus, B.R. and Morris, S.A., 2015. Look Whos Talking: Corporate Philanthropy and Firm Disclosure.International Journal of Business and Social Research,5(1), pp.01-14. Bondy, K., Moon, J. and Matten, D., 2012. An institution of corporate social responsibility (CSR) in multi-national corporations (MNCs): Form and implications.Journal of Business Ethics,111(2), pp.281-299. Crane, A., Matten, D. and Spence, L.J., 2013. Corporate social responsibility in a global context.Chapter in: Crane, A., Matten, D., and Spence, LJ,'Corporate Social Responsibility: Readings and Cases in a Global Context,2, pp.3-26. Hack, L., Kenyon, A.J. and Wood, E.H., 2014. A Critical Corporate Social Responsibility (CSR) Timeline: how should it be understood now.International Journal of Management Cases,16(4), pp.46-55. Homburg, C., Stierl, M. and Bornemann, T., 2013. Corporate social responsibility in business-to-business markets: How organizational customers account for supplier corporate social responsibility engagement.Journal of Marketing,77(6), pp.54-72. Hond, F., Rehbein, K.A., Bakker, F.G. and Lankveld, H.K.V., 2014. Playing on two chessboards: Reputation effects between corporate social responsibility (CSR) and corporate political activity (CPA).Journal of Management Studies,51(5), pp.790-813. Huang, C.C., Yen, S.W., Liu, C.Y. and Huang, P.C., 2014. The relationship among corporate social responsibility, service quality, corporate image and purchase intention.International Journal of Organizational Innovation (Online),6(3), p.68. Laursen, K., Masciarelli, F. and Prencipe, A., 2012. Regions matter: how localized social capital affects innovation and external knowledge acquisition.Organization Science,23(1), pp.177-193. Lee, E.M., Park, S.Y. and Lee, H.J., 2013. Employee perception of CSR activities: Its antecedents and consequences.Journal of business research,66(10), pp.1716-1724. Lins, K.V., Servaes, H. and Tamayo, A., 2015. Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis.European Corporate Governance Institute (ECGI)-Finance Working Paper, (446). Perks, K.J., Farache, F., Shukla, P. and Berry, A., 2013. Communicating responsibility-practicing irresponsibility in CSR advertisements.Journal of Business Research,66(10), pp.1881-1888. Preuss, L., 2012. Responsibility in paradise? The adoption of CSR tools by companies domiciled in tax havens.Journal of business ethics,110(1), pp.1-14. Saeed, M.M. and Arshad, F., 2012. Corporate social responsibility as a source of competitive advantage: The mediating role of social capital and reputational capital.Journal of Database Marketing Customer Strategy Management,19(4), pp.219-232. Walter, I., 2013. The value of reputational capital and risk in banking and finance.International Journal of Banking, Accounting and Finance,5(1-2), pp.205-219. WANG, H. and JIANG, T., 2013. Corporate Social Responsibility Analysis and Evaluation of Food Enterprise: Based on the Stakeholders Theory [J].Journal of Nanjing Agricultural University (Social Sciences Edition),4, p.016. Wood, W.C., 2013. The Cost of Progress: Enduring the Tax Deductibility of International Corporate Social Responsibility Initiatives.The Global Business Law Review,4(1), p.4.