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Arguments for social responsibility

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Anonymous

14y ago
Updated: 8/17/2019

Assists the firm in achieving an enhanced reputation and market share

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14y ago

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Related Questions

What are the arguments for and against increasing the social responsibility of business?

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What arguments on social responsibility states that there is no direct line of responsibility for social actions?

One argument is that individuals within a company may make decisions collectively, making it difficult to pinpoint specific responsibility. Another argument is that external factors, such as market forces or government regulations, can influence social actions, making it challenging to attribute direct responsibility to a specific party. Finally, some argue that society as a whole shares collective responsibility for social issues, rather than placing it solely on individual actors.


What are demerits of social responsibility?

demerits of social responsibility


Arguments for and against social involvement of business?

Arguments for social involvement of business:a.Public expectationsb.Long run profitsc.Ethical obligationd.Public imagee.Better environmentf.Discouragement of further government regulationg.Balance of responsibility and powerh.Stockholder interestsi.Possession of resourcesj.Superiority of prevention over curesArguments against social involvement of business:a.Violation of profit maximizationb.Dilution of purposec.Costsd.Too much powere.Lack of skillsf.Lack of accountabilityg.Lack of broad public support


What is The scope of corporate social responsibility?

scope of corporate social responsibility


What is the scope of social responsibility?

help me to know the scope of social responsibility


What are some arguments against social responsibility?

Violation of profit maximization Dilution pf economic productivity Cost to others Too much power arise by business Lack of skill by business leaders to solve social issue


What is differentiate social responsibility and social responsiveness?

In social responsibility, it is your duties and responsibilities socially as a citizen. In social responsiveness, it is your response to a social matter.


What is differentiate social responsibility and social responsive?

In social responsibility, it is your duties and responsibilities socially as a citizen. In social responsiveness, it is your response to a social matter.


Is responsibility for a child's education a family responsibility or a societal responsibility?

It is a social responsibility


Companies that take a social obligation approach to social responsibility?

What companies take a defensive approach to social responsibility


Difference between ethics and social responsibility?

With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.