McDonald's Corporate Social Responsibility

McDonald's
Name
Institution Affiliation
Course
Professor
Date
McDonald's
Corporate social responsibility (CSR) is a critical element that McDonald's takes very seriously. CSR is a concept that allows a company to be ethical and socially accountable (Advantage, 2020). Whenever a company upholds CSR, it considers significant impacts on the environment, society, and social growth. However, the two primary ethical considerations that many companies promote are society's protection. Ethical considerations are relevant for every company since it creates a positive image, thus increasing loyalty among the customers. It also motivates the workers towards moving in a specific direction and limits any possibility of degrading society. McDonald's is one of the companies which upholds CSR, thus attracting many customers. CSR is a broad concept for every company and takes a specific form depending on the industry and the products (Aksak et al., 2016). CSR is relevant in companies since it forges positive relationships between corporations and employees. It is the essential role of company management to consider the company's industry and ensure that all practices align with ethical business standards. Most successful companies such as McDonald's consider CSR a key element in the management program. The paper addresses McDonald's and upholds CSR by considering responsible business standards and ethics.
Background of the Company
McDonald's is one of the companies which adequately adheres to ethical business standards and CSR. It is an international food company located in the United States. The company was established in 1940 by Maurice and Richard Donald (McDonald's, 2021). It is headquartered is in California and offers food products across the United States. It is also the largest global food company in revenue, with many food outlets globally. It operates in more than 100 countries with over 70 million customers daily. Some of the company's common products include desserts, soft drinks, chicken products, and milkshakes. It also considers smoothies and salads in its products to attract more customers. The company has also employed many employees, thus heavily relying on ethical standards to create a positive workplace environment. The total number of employees in the company is approximately 1.7 million, which is a larger number requiring reliable and ethical human resource management (McDonald's, 2021). McDonald's is also known for other offers such as royalties and rentals, further generating more revenue. The company falls under the real estate and restaurant industry. In the identified industries, McDonald's is seen as a role model in promoting high-quality products and protecting the rights of its employees. It also has a higher competitive advantage since it successfully integrates ethics and has a positive brand image.
McDonald's, Ethical Standards, and CSR