Human Trafficking and CSR Activities-Free-Samples for Students

Question: Discuss about the Human trafficking and CSR activites. Answer: Introduction Human trafficking is a trade of humans for a number of purposes such as forced labour, forced marriage, slavery and many more. The human trafficking is a crime as it violates the basic rights of the victims. Women, men and kids are literally kept in captivity and control and exploited for commercial activities. This paper produces a summary based on an integrative study of how the CSR activities of the organisation can impact on the business and the community as a whole. Corporate social responsibility is an activity wherein the management of corporate organisations incorporate the national laws, ethics and the needs of the society in the business decisions. In other worlds this is an activity that allows the organisation to return some values back to the society. Studies have shown that CSR activity has a major role to play in the brand reputation which in turn triggers the demand of the products or the services of the organisation. Economic and social impact on business and community Economic performance is not only the main priority of the contemporary businesses as leaders throughout the world have understood the importance of brand reputation. In order to do justice to the reputation of the organisation most common strategy is to emphasize on corporate social responsibility activities. According to Saeidi et al. (2015), the corporate social responsibility from the side of the organisations not only impacts on the society but it also improves the profitability of the organisation through a clean and positive image among the minds of the customers and the citizens of society. As per the data and report of International Labour Organisation (ILO) around 150 Billion dollar worth of annual profit is generated by the forced labours. The report also highlights that around 21 millions of labours are currently trapped in modern-day slavery. Additionally, around 4.1 millions of victims are sexually exploited each year. Investing in reducing human trafficking and thereby implementing policies to curb labour exploitation would put across a put across a positive image among the customers and clientele of the organisation. This, in turn, would reflect in form of increased demand for the products and the services of the company. Burn (2013) highlighted that customers of the market are attracted to trust and contribution from the side of the organisation makes them feel valued. Although the cost of producing the products and the services of the company would go up following the activities, this would pay back the organisation for better returns. From many evidences of human trafficking, it has been seen that government seeks collaboration from the side of private organisations as well so that the reach of the campaign and the fund does not become the problem. This further increases the credibility of the organisation which reflects in both economic growth and social acceptance of the organisation (Saeidi et al. 2015). There is a bigger goal which could be accomplished through the implementation of CSR activities by the organisation. This is to develop a healthy and balanced community so that enhanced customer base of the organisation pays a great return in the future. Again from the perspective of the community, the activities of the organisation to curb human trafficking also have positive impacts (Burn, 2013). The people of the community would develop the belief that they would not be exploited and terms of employment would be kept transpiration from the side of the organisation. The resulting trust on the employer would enhance the labour productivity thereby contributing to the overall well-being of the society as a whole. Furthermore, a healthy harmony would also be established in the society where rights of all the individuals irrespective of their occupation would be respected. Apart from that, the activities of the organisation would also be helpful to spread awareness among the people of the society that child labour is a crime and they should rather be encouraged to go to school. In addition to that, the contribution from the organisation would also put across a message to the government regarding the willingness of the businesses to ope rate cleanly. Conclusion Therefore, the organisations need to emphasise on the articulation of CSR activities along with the business decisions for their own interest. The investment in CSR works just like the other investments of the organisation. In this case, the reduced human trafficking and hence the overall improved social structure would make a healthy customer base for the organisation in the future. Besides, with the investment in the social inclusion of the issue the organisation would also get support from the government that will result in improvement in both economic performance of the organisation and social balance in the community. References Burn, J. (2013, December 11). Cracking down on slavery and human trafficking in NSW. The Conversation. Retrieved from https://theconversation.com/cracking-down-on-slavery-and-human-trafficking-in-nsw-21116 Saeidi, S.P., Sofian, S., Saeidi, P., Saeidi, S.P. and Saaeidi, S.A., 2015. How does corporate social responsibility contribute to firm financial performance? The mediating role of competitive advantage, reputation, and customer satisfaction.Journal of Business Research,68(2), pp.341-350