Justifying Your Argument In Terms Of Their Stakeholders, How Would You Describe The Virgin Groups` Social Responsibilty Stratagies?

The social responsibility strategies of the pure collection amaze been umteen and varied . The group has been involved in many efforts on the local national , regional and world(a) scale that produce sought to improve the lives of the people within the various communities . The hind end of a sub-company called vestal conflate as a sympathetic organization gives the company a united platform from which to frame its programs that are of social upbeat . The potential impact of these measures on stakeholders is wide and far-reaching , since its stakeholders range from shareholders and owners to the Virgin Companies employees , partners , suppliers , and customersThe program Heaven s Angels by Virgin seeks to raise funds in to address the payoff of health care delivery to the remote rural communities of sub-Saharan Afr ica (Virgin Unite , 2007 . Upper level stakeholders much(prenominal) as owners , shareholders , and managers world authority consider this project to be of great value to their Virgin holdings as , on a humanitarian level , it offers them a chance to give back to the community from which many of them riffle derived their wealth . Even employees as stakeholders acquire in this total from these measures . Plus the fact that Virgin is involved in such an important project increases its presence around the globe and strengthens its self-assurance as an international company . This improves the standing of the company and giving have the effect of strengthening the Virgin s position on the stock market . It can be seen , therefore , that owners and shareholders benefit financially from these efforts at social responsibilityVirgin is also involved in environmental efforts at reducing the effects of global estrus system . In September of 2006 , the Richard Branson (the compan y s chairman ) announce a plan to turn out! greenhouse gas emissions from its ginger nut devolve by as much as 25 (Virgin Atlantic , 2006 .

The investment should cost owners and shareholders approximately 3 gazillion (2006 . further , the impact that such a plan (if utilise ) would have on the environment could serve as bonus for environmentally-focused blend inlers to collapse truth to the Virgin brand of air travel thereby increasing revenue from Virgin Atlantic . to a greater extentover , this loyalty could transfer to other industries in which the Virgin Group does railway line Therefore , a 3 one thousand million investment by stakeholders may return much more in revenueReferencesVirgin Atlantic (2006 . Virgin Atlantic chairman sir Richard Branson unveils plans to cut carbon emissions from aviation by up to 25 capital of the United Kingdom : Virgin . Retrieved on January 21 , 2007 from http /www .virgin .com /news / default on .asp ?sy 2006 ey 2006 sm 9 em 10 cid 0 nr 121 kwd global 20warming newsId 800 pst yesVirgin Unite (2007 . Heaven s angels Virgin Unite . London Retrieved on January 21 , 2007 from http /www .virginunite .com /virgin_ho .phpPAGEPAGE 2Virgin social responsibility...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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