Issues in management Essay Example | Topics and Well Written Essays - 3000 words

Issues in management - search ExampleCSR becomes a focus for an organisation as it is believed that it can enhance profitability and build a positive social reputation for the business.It has been asserted that the idea of CSR is that purchase order and the business are inter-connected and not disparate individuals, hence society maintains anticipation that a business will illustrate appropriate behaviours and outputs beneficial to society (Wood 1991). This essay will debate socially-related issues of corporate social responsibility in recounting to the fashion retail merchant Abercrombie & Fitch (A&F), an organisation providing apparel merchandise to youth markets in the UK and the United States. The essay provides a scathing debate on the theories and models of CSR with primary emphasis on the ethical responsibilities of a firm to society and their relation to the socially-related problems at Abercrombie & Fitch currently plaguing this retailer.Abercrombie & Fitch is a U.S.-he adquartered retailer providing casual fashion merchandise targeted at the 18 to 22 year-old female and male market demographic. The firms product line consists of T-shirts, jeans, hoodies and fragrances germane(predicate) to this market. Prior to the year 2012, A&F had achieved explosive revenue growth and had managed to build considerable client loyalty against major competitors such as The Buckle, Chicos, Eagle Outfitters and Aeropostale. The companys market share and rootage measure began to plummet in 2012 and the business was forced to close hundreds of stores as a result of low consumer interest in purchasing products from the firm (Eaton 2014 Covert 2014). In October 2011, the firms stock was valued at nearly $80 USD per share and, by November 2014, the firm witnessed its stock plunge to a value of only $28.98 (Yahoo Finance 2014). From the shareholders perspective, Abercrombie & Fitch was no longer providing the wealth and profitability pass judgment by investors. Howe ver, why was this occurring so