“Glastonbury Festival Donation” Policy Versus Theory
The Glastonbury Festival indicates that the majority of the festival profits would be donated to different charity. Deducted the entire dispose all the rubbish fee during the event, the profit will mainly contributed to Oxfam, Greenpeace and WaterAid, to assist the relatively people to improve their residence and sanitation (Digital, 2017). As well as these three beneficiaries, the festival also dedicates to support the local schools and sports groups, for example, the Butleigh Primary School, Horrington School Association and Shepton Mallet Football Club (Glastonbury Festival, 2017).
Regarding to the CSR policy, this policy fulfills the ethical responsibility. Since most of the festival organizer aims to earn and maximize profit, and the establisher does not has any responsibility to support the charity in reality. However, the festival organizer Michael Eavis on the contrary just takes modest salary and donates the remaining profit to the local charity (Events-insurance.co.uk, 2014). This action can be defined as the code of ethics and fulfill the ethical responsibility in the economic pillar.
“Glastonbury Festival Donation” Policy Versus Practices
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Over the past three years, £3.75 million have contributed to the charity. In the last year, the total donations exceed to £6 million, which reflect that this policy is under an unprecedented successful (Glastonbury Festival, 2017). However, in 2015, due to it cost £780,000 to handle the entire disposes of the rubbish fee during the event, which means £780,000 less to the charity. With this amount, it can benefit 52,000 people to improve their quality of life (Digital, 2017). Therefore, this also reflects that the previous policy, “Limit what you bring, and clean up behind you” policy needs to well implement so as to reduce the percentage of waste, or else it will affect the practices of this policy as
During the fundraising they raise money so that they could provide funding for goals. They aim to make changes and improve the lives of those that are struggling with cardiovascular disease. For this to be done the British Heart Foundation needs to raise the money that could enable them into having the right funding, providing them with the right service for their cause. However, their funding doesn’t only come from events they also sell seconds hand products which is donated. The goods they sell is also affordable to their customers, for instance, TV cost £25 and wardrobes cost
In the early 1900s it was a challenge to come up with a scheme to build on oceanfront property and attract people to come there. Now, generations later, the little town of Seaside Heights has received so much attention that it’s a wonder they haven’t transplanted The Brooklyn Bridge to Toms River just so tourists would be more comfortable crossing into the land of sea, sun and sin. The lure of Seaside Heights has attracted every legion of people from all over the tri-state area to this family oriented town for years.
In dealing with ethical dilemmas, nonprofit managers face a whole host of challenges that defy a simple choice between right and wrong. When there is no obvious way of prioritizing responsibility, resolutions of such dilemmas require careful consideration when looking at ethical options. It is critical that decisions serve not only to the immediate problem, but also align with the organization’s mission, values, and ethical code. Recently, my fiancé was involved in an ethical dilemma at her nonprofit organization. In this particular instance, the charity received a donation of highly sought after season football tickets, under the pretense that the season tickets would be offered to the general public, in an attempt to raise awareness for
At a prodigious awards ceremony conducted by a financial institution known as bigsplash, Chief Executive Officer Stephanie Bennett presents a speech before a large audience addressing the contribution of volunteers, directing her message towards altruists in attendance as well as public citizens viewing the event on television. Bennett examines the substantial impact volunteers generate within society which often goes "overlooked", therefore positing that their selfless involvement is both "undervalued" and "under-recognised" and the populace must make an exceptional effort to "address this lack of acknowledgement". She ardently endeavours to inspire a tremendous degree of pride and value towards the benevolent organisations
Corporate Social Responsibility is the obligation from corporations to utilize their resources to aid and benefit the larger society. The four components of CSR are economic, legal, ethical, and philanthropic. Social Responsibility is a fundamental force in the wealth creation process. If correctly demonstrated, CSR should heighten competitiveness and boost the value of wealth creation to society. A company's CSR Initiatives directly represent who the company is and what it believes it. The m...
By taking a look at the donations from such an angle, these countries generosity can be said to take a drastic dive when compared to their other expenses. One could say that these governments care more about their transport system, for example, than they do about the millions of lives that they could affect with such money (Singer). However, in realistic terms, especially from an economic point of view, it is essential that a government participates in projects that will bring back financial returns in a proposal to provide a healthier, stable economy from which they can operate.... ... middle of paper ... ...
If we conclude then we can see that in the above discussion we have proved with our findings that there is very strong and positive relation in between business ethics and the CSR. There are many businesses in world, which do not follow any guidelines and do not spend even a dollar on the CSR. They do not know the importance of CSR. However, the business ethics is one of the integral parts in our business. If a business is looking for the profitability, they need to be fair enough.
There are multiple definitions of CSR, The World business Council for Sustainable Development defines it as “the continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large”. Whereas McWilliams and Siegel (2000) give a definition that is more suitable for football clubs, “CSR represents a set of actions that appear to further some social good, extend beyond the explicit pecuniary interests of the firm, and are not required by law”. Another definition that was developed by Turker (2009) socially responsible organisations are those “that aim to affect stakeholders positively and that go beyond its economic interest”. The definitions by Turker and McWilliams and Siegel are more appropriate for understanding CSR in the football industry, in which organisations that don't operate in the conventional way. Smith and Westerbeek state that there are seven unique features of sports that gives it a high power and influence in societies “mass media distribution and communication power, youth appeal, positive health impacts, social nitration, sustainability awareness, cultural understanding and integration, and immediate gratification benefits (Smith and Westerbeek, 2007). Thi...
In today’s fast paced business world many managers face tough decisions when walking the thin line between what’s legal and what’s socially unacceptable. It is becoming more and more important for organisations to consider many more factors, especially ethically, other than maximising profits in order to be more competitive or even survive in today’s business arena. The first part of this essay will discuss managerial ethics[1] and the relevant concepts and theories that affect ethical decision making, such as the Utilitarian, Individualism, Moral rights approach theories, the social responsibility of organisations to stakeholders and their responses to social demands, with specific reference to a case study presenting an ethical dilemma[2], where Mobil halts product sales to a garage, forcing the garage owner to stop selling solvents to young people. The second section of this essay will focus on advice that should be given to any manager in a similar position to the garage owner with relevance to the organisational strategic management, the corporate objective and the evaluation of corporate social performance by measuring economic, legal, ethical and discretionary responsibilities. It will address whom to think of as stakeholders and why the different aspect could cost more than a manager or an organisation could have imagined.
...Pringle, S. A. (2013). Recycling at UK Music Festival Survey. Retrieved 02 28, 2014, from Agreenfestival.com: http://www.agreenerfestival.com/waste-management/
On the other hand, the Massachusetts Council created a one-page code emphasizing six core values (Bromley & Orchard, 2016). Although codes of ethics encourage better practice, higher standards, and attempt to hold NGOs and nonprofit organizations accountable, they do not include incentives or consequences (Sidel, 2005). However, they do include suggestions and, most importantly, resources. For example, the National Council of Nonprofits, Ethical Fundraising includes resources on how to handle gifts appropriately, suggestions for transparency, how to decline conditional gifts appropriately, and more. Since one of the largest issues in NGOs and nonprofit organizations includes funding and expenditures, finances are the main focus for codes of ethics.
Our world is getting to the point to where we will be surrounded by trash. There are hazards happening because of the excess trash, which could have been recycled. Although the government is not doing their best to make these hazards stop, surprisingly it is the non-governed organizations that are trying to make the difference. Proven studies and facts have been made about these issues, so people should take this into consideration and start recycling more. Recycling is a beneficial process that is not required globally like it should be because citizens are uneducated on the process and what it can do. People who are not recycling do not know the hazards they are causing everywhere.
The classical view of CSR is a prominent ideology which business organizations are seen merely as profit-driven organizations. Simply put, businesses work for the sole purpose of making a profit. Thus, this profit motive is the sufficient and unique social identifier that separates a business organization from other institutions in society. These business organizations have a limited, yet essential role in society. Social concerns are considered important, but businesses, in the classical view, are focused solely on the economic activities and are judged accordingly. By having a limited role in society (i.e.,...
A company has an economic obligation. It must earn a favorable return for its stockholders in the restrictions of the law. But, corporate social responsibility means that organizations have also ethical and societal responsibilities that go past their economic responsibilities. CSR needs organizations to develop their documentations of their responsibilities to include other stakeholders such as workers, customers, suppliers, local societies, state governments, international organizations, etc. Ethics could be seen as a fundamental component of individual and group activities at the heart of organizations’ errands.
People should know the negative impact throwing away a water bottle or newspaper, purchasing meat from the grocery store or consuming gasoline has on the environment, and many do not. By informing society about how their decisions affect the environment, we can help save our planet and change our attitude toward the land we live on, the water we drink and the air we breathe” and truly show respect for the stuff that we depend on. The United States produces “about 8.25 billion tons of solid waste each year” (Russell 1). People do not realize the impact they have on our planet and the environment. When people throw anything in the trashcan, they are contributing to the destruction of our planet.