Social responsibility in finance decision making Essay - 2

Social responsibility in pay decision making - canvas Examplecture, McDonalds focuses its attention to putting its customers, processes, and practices into place to better the society through better food, people that argon more contented, a stronger community, and an improved planet. This report explores McDonalds Corporate Social Responsibility approach in finance decision making.McDonalds, the worlds foremost global food service trader, takes its environmental and social obligation to the society comfortably seriously, considering the CSR strategies it partakes. The telephoner consults with customers, suppliers, sustainability experts and socially responsible organizations to ensure that its CSR strategies are in lieu with the current century and social goals. It collaborates with other organizations to develop global principles that support purchase of raw materials from verified sustainable sources. This paper explores McDonalds practices, their harm to the society, and CSR initiatives it has taken to promote its corporate image.In as much as a company seeks to make profit in a sustainable approach, there are always times when they confabulate harm on one or more of its stakeholders for profit making. McDonalds faces criticism for the level of nutrition in its food, which is largely high fat, high cholesterol, low fiber diet. It also receives criticism for the effects of advertisements on the minds of children, and the environmental effects of its restaurants on the environment. Considering McDonalds is among the worlds leading companies it has the financial and legal muscle to silence its critics and limits forfeit speech against its operations (Blasio, 2008). Apart from that, workers claim exploitation in several instances, especially in branches comprised of poor people. Workers receive low wages, and understaffing also occurs, as the company seeks to maximize on profits. Worst of all, its aggressive practices encourage several small food outlet s out of business (Brazelton, Ellis, Macedo, Shader, and Suslow,