Essay sample library > OL 326 Final Project Milestone 1

OL 326 Final Project Milestone 1

2023-01-10 15:23:25

ITC LTD: Final Project 2 Social Responsibility In this part of the project, we analyze case studies and consider how the organization's strategic plan within the case study takes social responsibility into account. Compliance will analyze the organization's strategic plan to comply with currently accepted standards and norms on social responsibility. Potential Risk Analysis on the Gap of Corporate Social Responsibility The organization's strategic plan of social responsibility gaps can pose potential risks to internal and external stakeholders. The positive and negative impacts predict the positive and negative impacts of internal and external stakeholders on the social responsibility of the strategic plan. In other words, what is the employee or employee of the company involved in social responsibility in this strategic plan? We can consider current and future impact

The ITC LTD was introduced in the last project of OL 326. Overview ITC Ltd. is a very diversified company that is interested in various fields such as becoming a leader in India's tobacco industry. Their market capitalization is close to $ 14 billion, employing more than 29,000 people in over 60 locations in India. ITC Limited was founded in India in 1910 by a British tobacco company. In 2011, ITC Limited was the leading company in the cigarette industry, with a market share of approximately 75%. In a study conducted by Fortune India and Hay Group (itcportal.com), ITC was named Forbes magazine, the world's top biggest company, Asia's "Fab 50", the world's most famous company, and "India" It was. The most respected company "ITC Ltd. is a profitable company with all branches. Major Attributes ITC has many advantages of making a company one of the world's largest large companies. From the beginning, they have a strong and experienced management team.

OL 326 Advantages and Disadvantages of the Final Project As your world grows and changes, your business must do the same. ITC is still highly dependent on tobacco revenue and regulatory changes that may adversely affect our business. Relationship with tobacco products affects the image of ITC. Although ITC has made a lot of efforts to improve its corporate image, the fact that ITC has many tobacco products in its business transaction makes it difficult to ignore. Prices and incomes are constantly changing due to tax increases on tobacco products. Since ITC Ltd. also faces intensifying competition with other companies, it was necessary to review most plans. Companies in the market today must change constantly. Social responsibility is an important part of every business in the world today. For social responsibility, it is necessary to train companies with a positive relationship with society (Investopedia, 2016)