Performing Required Social Responsibility Activities: Federal Legislation requires that business perform certain social
Performing Required Social Responsibility Activities: Federal Legislation requires that business perform certain social
1. To increase your awareness of the mutual ethical responsibilities existing between the contemporary business organization and its internal and external stakeholders.…
10. .The idea that businesses have a duty to serve society as well as the financial interest of stockholders is called…
1. In order to implement an organizations commitment to social responsibility it is necessary to identify what social problem the organization intends to address, develop policies on what the organization plans to do to successfully fulfill its obligation and ensure stakeholder buy-in. The main obstacles an organization faces when implementing socially responsible policies is pressure from stockholders and business analysis who want steady increase in earnings. Without steady increase in profits, it becomes difficult to reinvest money in these areas. The following actions can be taken toward increased social responsibility:…
Purpose 5: to [romote the general welfare. The services amd protections that our government provides. Like health care, protection of environment. Etc..…
References: Lawrence, Anne (2010). Business and Society: Stakeholders, Ethics, Public Policy. 13th Edition. McGraw-Hill Learning Solutions, 2010. VitalBook file. Bookshelf.…
Pgs. 150-151 --- corporate social responsibility- management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.…
– – – – apply the law of business organisations to identify and solve problems recognise social values reflected in the law of business organisations recognise social issues raised by the law of business organisations articulate their views on the law of business organisations and its operation in society.…
7. Writing letters to companies, making public service announcements, lobbying government agencies, and boycotting irresponsible companies are activities involved with which social responsibility issue?…
“Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.” (Baker, Mallen (June 8,…
Corporate Social Responsibility is the obligation towards society of a corporation and it reflects a corporation’s social duties and its results of business success. All the corporation’s policies and practices will reflect the responsibility towards helping society. As an example, Boeing Corporation has developed a program named Global Corporate Citizenship. This program consists of three elements: Products and Services, Business Practices and Community Engagement. This program carries out the corporation’s social responsibility by partnering with environment, health, safety, ethics, government operations and human resources to channel all of the corporation’s available resources for a greater impact in…
5) The concept that proposes private corporations have responsibilities to society that extend beyond making a profit is known as…
12. What social responsibilities does your company feel are the most important? What is done to satisfy those responsibilities? Our company support children sport and medical benefit so they can raise money for a person in the community fight a health issue. Our company donates funds, food, and gift certificate for supporting those…
In order to implement an organizations commitment to social responsibility it is necessary to identify values held by society, how the organization intends to address, and then develop training programs and policies on what the organization plans to do to successfully fulfill its obligation. Also, clarifying how the policies relate to the organizations strategies, individual functions and goals.…
Every business has a social responsibility toward society. That means to maximize positive affects and minimize negative affects on the society. Social responsibilities includes economic-to produce goods and services, that society needs at the price, that satisfy both-business and consumers, legal responsibility-laws that business must obey, ethical responsibilities-behaviors and activities that are expected of business by society, but are not codified in the law, philanthropic responsibilities-represent the company's desire to give back to society (charietys, volunteering, sponsoring).…
The objective of every business is to earn profit. However, the proposed business is sensitive to corporate social responsibility. This is concerned with the continued growth and improvement of the different parts of the community. Below are the following beneficiaries when the proposed business is executed:…