Wednesday, May 6, 2020

Corporate Social Responsibility Golf Project Initiatives

Question: Discuss about the Corporate Social Responsibilityfor Golf Project Initiatives. Answer: Introduction: Corporate social responsibility is a concept that enables a project to integrate the social and the environmental values to its operations with its shareholders and stakeholders (Hawrysz 2013). This report introduces the sport tourism success in the Thailand for which successful golf courses are playing an important role. Success of a tourism sector affect on the political, economical and the social stability of a country as it attract foreign tourists (Dowling 2013). This report briefs the success of golf course in Thailand and encourages the neighbourhood community for the same. It also expresses the thoughts and ideas of a newly hired manager for a proposed golf project. Evaluation of the Golf Course using Triple Bottom Line: The model, which can help in evaluating the profit for a business, has put the human being in a crazy situation for the model (Henriques and Richardson 2013). The public activity and the nature are pushing the corporate world to be more environmental friendly. In order to become a global dominant company, it has pushed the situation towards an ultimate outcome, which is making the corporate world a triple bottom line companies (Singh and Ahmad 2016). The reason behind the companies going for the triple bottom line to ensure people, public and profit has grown in recent years. Moreover, the serious awareness of people regarding the environment and a healthy social life has put the companies in a situation where they have to think on social life (Hawrysz 2013). The ultimate objective of any company is to prosper in the market not for a while rather for a long time and this is something that has affected most of the entrepreneurs and the businessperson for the triple bottom line concept (Singh and Ahmad 2016). Triple bottom line provides a solution to meet with the in going situation and demand. Moreover, companies along with some government projects are going for triple bottom line concept to create a people friendly atmosphere to sustain the economical benefits of the company (Henriques and Richardson 2013). Golf course is one of such projects that are healthy for the economy of any country and the Thai government is seemingly going for the concept seriously (Ashton and Lakpetch 2016). The Thai government have taken certain initiatives that can prove to be a very important asset for the golf course future in the country (Assavanon 2015). Golf courses do also affect the economy of any country and the Thai government is leaving no stone unturned in supporting the golf course. The announcement of providing an expansion to the existing Airports capacity to allow hassle free services with the ever-increasing footfall (Davies 2013). Sustainability is an important key in any business and these has also affected the golf course with a positive approach towards it (Clark and Semmahasak 2013). A venture is profitable to a country not only because of the profit it has fetched to the same rather; the sustenance of the project is something that constructs a successful venture. Golf course is no diffe rent and has the potential to bring immense economy benefits to the country (Du and Batra 2012). The Thai government is aware of the benefits of the golf course, which it can bring to the economy of the country. The status of the golf course of Thailand very much reveals the truth. Golf course affects the economy of the country by attracting more foreign visitors to take part in the golf course. Golf course represents the sport tourism sector of the country and is extremely effective in attracting foreign visitors, as this is a luxury game with full of relaxation in the hand of nature (Fang and Chen 2015). The larger the footfall is the maximum would be the business for the tourism sector and consequently benefit the economic structure of the country. Golf course do also enhances the pleasure of a good social life as these courses are made of full lush green gardens and these gardens are a good source of a pollution free atmosphere. In todays life, which is polluted, there is a stro ng requirement of having an eco-friendly atmosphere and golf courses represent exactly the same (Murray et al. 2016). Summarization of the Evaluation on the Golf Project: On summarizing the golf course project in Thailand, it gives a clear picture about the sustenance of the golf course in Thailand. Golf course is a successful venture in Thailand and attracting people from all corner of the world. The variety of locations such as beach resort, mountainous region and proper city place all bear golf course across the Thailand. Results of golf course in recent past are commendable and it has brought the Thailand at the seventh rank globally with the top position in Asia. The announcement of expanding the Airport capacity by 2020 just goes on to show the positiveness of the Thai government towards the golf course in Thailand (OReilly and Lee 2014). Decision making using Utilitarian framework by a local government official of Cambodia looking at the Thai government initiatives: Decisions need an ethical presence to make it more responsible to reflect a better result in the society that everyone represents (Liias 2015). Ethics needs its sustenance while making any decisions to create a peaceful and pleasant atmosphere in the surroundings. Ethics provide a bunch of behaviours to educate us on making decisions thinking about the betterment of the social surrounding first. It is not compulsive to make decision ethically rather it is advisable to go the way to maintain and sustain a peaceful atmosphere in and around us (Readman 2012). The Utilitarian Approach: Utilitarian is among those common approaches, which help in making ethical decisions when it produce its relation with the mass people (Ng 2015). The approach instruct about maintaining the peaceful atmosphere by making decision considering the bad and the good effects of the decision it can produce. It is a very helpful approach especially when the decision is influencing a mass population and making decision for a golf course involves mass common and governing body involvement (Assavanon 2015). The approach encourages for making such a decision that can produce a large benefit with considerably less harm. The approach encourages making ethical decisions keeping in view that the outcome ought to have less harmful. For a local government official in neighbouring country Cambodia to make a decision on the golf course future involves a master class reading of the scenario there. As per the utilitarian approach, the decision ought to have less harmful and more beneficial. For a government official, the responsibility of maintaining a pleasing atmosphere with proper balance in the system is of utmost requirement (Fang and Chen 2015). Golf courses require a huge quantity of water to maintain the greenery texture with environmental benefits. Moreover, the local government official of Cambodia requires maintaining a homogenous relation between the golf courses and the other important aspect of the country such as farming (Clark and Semmahasak 2013). Farming requires a huge quantity of water and to take the initiatives to prosper the future of golf courses in Cambodia, it requires a balance system to fulfil the requirement of both the important aspect of the country. To evolve a country and shape this in the line of neighbouring country Thailand, the local government official who has the responsibility requires a serious understanding and implementation of the utilitarian approach (Readman 2012). Relying on chemicals to maintain the texture of the greenery part of the golf course is a serious attempt as it can cause killing of insects because of its poisonous nature to them. It can hamper the ecosystem balance of the country by enriching chemicals in the atmosphere surroundings. Nonetheless, a business can never prosper in a country if the business is hampering the social-environmental balance of the ecosystem (Hawrysz 2013). Expression of Ideas and Thoughts of a newly hired manager of a Proposed GOLF PROJECT in a Developing Community: Environmental Initiatives of a newly hired manager: For a newly hired manager for a golf project in a developing community, there is an utmost requirement of maintaining the environmental friendly atmosphere. For any business to prosper economically there is a serious requirement of providing the social and the environmental benefits to the people of the community. In todays life, common people are more or less aware of the environmental aspects. Constructing any business plan and to achieve the desired success, the following of trademark countries for the same business is immensely recommended (Sharafuddin 2015). The newly hired manager needs to take care of the water requirement, as the golf courses require a lot of watering every day. Consequently, it can cause the deficiency of water for the irrigation purpose to the farmers. Apart from this, the newly hired manager needs to encourage the concerned government for the golf project by highlighting the economy potential it has. Moreover, a beautifully constructed golf course with env ironment friendly atmosphere can bring joy to the country it representing. Supporting the neighbourhood Community Based on the Initiatives: The newly hired manager can also encourage the neighbourhood community with its initiatives as other countries rich in golf courses are encouraging their counterpart for the same. For an example, the golf course evolution in Thailand is encouraging its neighbourhood country especially the Cambodia. Today in a world of global warming, there is an utmost requirement of putting up such projects, which can fight with the situation. Global warming is a serious concern now for which the plantation of more more trees and building greenery space can prove to be helpful. The more the green space are the more will be the availability of oxygen as green trees releases a significant amount of oxygen in air (Singh and Ahmad 2016). Nonetheless, availability of oxygen is important for a peaceful human life. The manager can benefit the neighbouring community by letting them an example of its work in its own country. The maintaining of balance in between the green and the industrial place can encour age the neighbouring community for the same. The decision making of the newly hired manager in regard to maintain the equilibrium state in between the golf course and the industries is very encouraging for the neighbouring country (Davies 2013). Moreover, this has the potentiality to stop any unwanted losses to the neighbouring country in their economy part. Identification of Potential CSR Projects to Bring the Profitability: Today in a growing urgency to have an eco-friendly atmosphere in the surroundings, requirement is there to implement such a policy, which can appeal both the economical and the social life. Corporate are no longer economy oriented rather they are focussing on some societal values also. The longevity of a business is now depending on the environmental aspect of the corporate also. In this regard, the CSR implementation in the business holds its own importance (Hawrysz 2013). More than that identifying the potential CSR is an important aspect in this regard. CSR is a bunch of responsibility that encourages a corporate sector to create social values to the environmental surroundings. It is the necessity of the initiation that has influenced famous corporate to go for a potential CSR project. For an example, recycling of a dead Nokia phone without wasting it by throwing here and there produce one of the examples of a potential CSR move. The case also clears the importance of identifying the potential CSR for a concerned business. Structuring the golf courses near the beach side and near the mountainous region in Thailand, simply narrates the importance of CSR in a business (Hawrysz 2013). The step is attracting not only the local but also a bunch of foreign visitors. In other words, attracting people to enhance the economy of a corporate is a CSR. Five Possible Risks for the Stakeholders: Stakeholders and Associated Risks: Environment: The associated risk with the environment is the global warming and the ever-increasing pollution in the world. To attract the foreign and the local visitors, golf course locales need to be in a nature friendly place advisably in a lesser populated areas (Fang and Chen 2015). The Local Communities: The associated risk with the local community is the ignorance of the project, which can be either because of their interest or because of their economy structure. Moreover, this mode of gaming is best suitable to those who love a luxury enjoyment and have enough for the expenditure (Halpern et al. 2013). Golf Players: The associated risk with the foreign players is the poor infrastructure of the community as they are from countries where the lifestyle is at the fullest to the luxury. Golf Club Owners: The associated risk with the golf club owners is the fall of the business economically if it happens because of various external factors (Nikolaos Boukas and Sinka 2012). The owners invest a huge amount to this kind of venture and an economically fall of such business will result in a huge loss with the waste of time for them. Government: The associated risk with the government is the social violation of the business and this can happen if the business is not environment friendly. Potential CSR is effective in helping the golf business to prosper (Singh and Ahmad 2016). Conclusion: CSR holds a vital importance in providing any business an added boost. Today in the modern era, people are educated enough to understand the serious danger lingering on them. Global warming and pollution are one of those serious dangers, which are destroying the environment badly. Pollution is the deadliest of all the causes that has created the necessity of having an eco-friendly atmosphere in the surroundings. A business does not only affect its associated stakeholders and shareholders rather it also affects the economy of the country. In such circumstances, it then becomes necessary to implement a potential CSR to achieve the required environmental benefits. A potential CSR identification and its proper implementation are of utmost requirement to attract people from all corner of the world. Reference List: Ashton, A.S. and Lakpetch, P., 2016. Stakeholders' perspective and a way forward for destination development for Japanese international retirement migration tourists in Thailand.CAUTHE 2016: The Changing Landscape of Tourism and Hospitality: The Impact of Emerging Markets and Emerging Destinations, p.348. Assavanon, A., 2015. 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