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AC1302671 Principles of Management C15V Assignment #4 1/21/14

Part A

1. Using your own words, briefly describe what social responsibility means to you personally.
Social responsibility means to be behaving in a manner that ethically and sensitively benefits cultural, economic and environmental issues. To be social responsible you have to be conscious of your society as a whole. Being in participation in solving these issues, we as individuals ought to strive to set well moral examples by following socially responsible practices. Some examples of being social responsible would be to recycle, donate to a charity, and volunteering your time. Personally, I participate in social responsibility when I volunteer at my local animal shelter. I bathe the animals, clean their cages, and most importantly spend time with them. Without the help of myself and other volunteers I often think about where the animals would be. They would be in rough shape, not taken care of and even dead. You have to think about this in other ethical situations where your help is needed.

2. Do you think business organizations should be socially responsible? Provide two (2) supporting facts to justify your response. I do think business should be socially responsible because being socially responsible has benefits for a company. Social responsibility in my opinion is a key resource and an important tool in the growth and well being of a business. For example companies that are socially responsible have fewer conflicts with stakeholders who disagree with the company over they way the company uses its resources and these companies are more likely to influences stakeholders to become advocates of company products. Another example is that research shows that socially responsible companies have higher financial performance and better ability to recruit better quality job applicants. Businesses should have some constant social responsibility to set a well-behaved

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