social responsibility

Examples of social responsibility in the following topics:

• A Brief Definition of Corporate Social Responsibility

  • Companies that donate proceeds to charitable organizations are socially responsible.
  • Social responsibility in business is also known as corporate social responsibility (CSR), corporate responsibility, corporate citizenship, responsible business, sustainable responsible business, or corporate social performance.
  • Companies can demonstrate social responsibility in a myriad of ways.
  • Companies can demonstrate social responsibility in a myriad of ways.
  • Social responsibility in business is also known as corporate social responsibility, corporate responsibility, corporate citizenship, responsible business, sustainable responsible business, or corporate social performance.

• Early Efforts in Social Responsibility

  • Social responsibility is the idea that an entity needs to act in a way that balances its own gain with societal benefits.
  • The notion of social responsibility is far from new.
  • He argued that corporations' attempts at social responsibility were "morally wrong," as social issues and concerns were best dealt with by government.
  • Social responsibility has taken on heightened importance as a way of building trust in relationships .
  • Oil spills and other environmental disasters show the need for social responsibility.

• Modern Trends in Social Responsibility

  • Socially responsible trends include corporate citizenship policies, social investing, sustainable accounting & social entrepreneurship.
  • Corporate social responsibility (abbreviated CSR; also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business) is a form of self-regulation integrated into a business model.
  • A socially responsible business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms.
  • Socially responsible investing is the practice of investing funds only in companies deemed to be socially responsible according to a given set of criteria.
  • Explain how the advent of socially responsible investing, sustainability accounting, and social entrepreneurship has contributed to the modernization of social responsibility

• Corporate Social Responsibility and sustainable development in the global environment

  • The topics surrounding Corporate Social Responsibility (CSR) have become more complex due to the globalization of the economy and the issues that arise from companies competing in international markets.
  • This heightened awareness of CSR and sustainable development has been endorsed by an increased responsiveness to ethical, social, environmental and other global issues.
  • As a result, companies are responding to increased public expectations of responsibility and incorporating the concept of CSR into their operating plans and strategy.
  • Corporate Social Responsibility (CSR) is a concept whereby companies integrate ethical, social, environmental, and other global issues into their business operations and in their interaction with their stakeholders (employees, customers, shareholders, investors, local communities, government), all on a voluntary basis.

• Corporate Social Responsibility and sustainable development defined

  • Corporate social responsibility involves the conduct of a business so that it is economically profitable, law abiding, ethical and socially supportive.
  • Economic obligations are, therefore, seen to be moderated by ethical responsibilities or social expectations and norms.
  • There are a number of projects and initiatives that are shaping the goals and principles of corporate social responsibility and sustainable development, such as:
  • The norms include clarification of corporate social responsibilities of companies in countries where they operate, and also refer to human rights in the workplace.
  • How important is Corporate Social Responsibility (CSR) as a core value for the top companies in the world?

• The Goals of a Business

  • The primary purpose of a business is to maximize profits for its owners or stakeholders while maintaining corporate social responsibility.
  • However, social responsibility may also have a critical role in business operations, so American revenue growth continuous existence should not be solely considered in corporate success.
  • Philosophers often assert that businesses should abide by some legal and social regulations.
  • This concept is called corporate social responsibility (CSR).
  • In a sense, corporate social responsibility highlights the fact that business, consumers and society are part of a shared ecosystem, and that the long-term health of this ecosystem must be maintained above all else.

• Stakeholders: Consumers, Employees, and Shareholders

  • Stakeholders may have different interests related to the pursuit of profit and social impact.
  • Increasingly, corporations are motivated to become more socially responsible because their most important stakeholders expect them to understand and address the social and community issues that are relevant to them.
  • Branco and Rodrigues (2007) describe the stakeholder perspective of CSR (corporate social responsibility) as the inclusion of all groups or constituents (rather than just shareholders) in managerial decision making related to the organization's portfolio of socially responsible activities.

• Successful Implementation of CSR and Sustainable Development

  • Peter Drucker, in his article, The New Meaning of Corporate Social Responsibility, explained that "the proper social responsibility of business is to tame the dragon that is to turn a social problem into economic opportunity and economic benefit, into productive capacity, into human competence, into well-paid jobs, and into wealth" (Berkhout,2007).
  • As evidenced in the case of Tetra Pack Colombia, a company with CSR and sustainable development aligned into its strategy can be effective in working with its community to solve a social problem.
  • Companies will increasingly be called upon to participate to address challenges of social and environmental roots, both locally and globally.
  • There are few limits in the design and implementation of socially responsible initiatives for a company.
  • Shahira must consider social and environmental impacts of her decisions, in addition to the ways that they will make an economic impact to her business.

• The Social Environment

  • Businesses must consider their social environment, since their actions have repercussions that echo throughout society.
  • Heightened awareness of CSR and sustainable development has been endorsed by an increased responsiveness to ethical, social, environmental and other global issues.
  • Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model .
  • This heightened awareness of CSR and sustainable development has been endorsed by an increased responsiveness to ethical, social, environmental, and other global issues.
  • Hundreds of millions have embraced new social media tools such as Facebook and Twitter.

• The Benefits of Communism

  • Communist ideology supports widespread universal social welfare.
  • Strong social communities are established.
  • In communism, there are certain laws and goals which determine resource and responsibility allocation.
  • Consequently, this builds stronger social communities and an even stronger economy.
  • Work, responsibility, and rewards are shared equally among the citizens.