Wednesday, January 8, 2020
Japan s Corporate Social Responsibility - 989 Words
When companies or corporations exceed national lines of the country that their headquarter is in this can be known as going ââ¬Å"global,â⬠and a corporation in this situation can be known as a Multinational corporation. This can complicate the ability to manage, due to the diversity of cultures, geographic locations, and many other circumstances that are inherent with these types of corporations. In this occurrence, it is important to have a global mindset. This mindset is simply the ability to appreciate and influence individuals of different cultures, organizations, levels of education, or any other diversity of differences. This mindset deems it necessary for corporations in this situation to have a strategy in developing positive publicâ⬠¦show more contentâ⬠¦The second is a Global firm stakeholder approach. This approach is more inclined to the ââ¬Ëshareholdersââ¬â¢ perspective who sees little value to corporate social responsibility. The third is the interna tional firm approach. This is when a firm is influenced on how corporate social responsibility is viewed and implemented by the country its head offices are located. The first three approaches are all multinational corporations that are influenced by centralized strategic management, in which where the head offices are located determines the corporate social responsibility throughout the firm. The fourth organizational geography is a multidomestic firm approach. This firmââ¬â¢s corporate social responsibility is related to the country it is operating in. The last one is transnational approach. This firmââ¬â¢s corporate social responsibility is influenced by a hybrid and hierarchical pressure by local and global networks. The last two approaches are multinational corporations that are influenced by their organisational geographies. Komatsu is the first case study. Komatsu is a construction equipment company who mainly makes equipment for mining. They have a multidomestic firm approach, because they are a global firm which focuses on heritage and local issues. Their management has to keep in mind the companyââ¬â¢s strong influence in heritage. Their head offices
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