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Define social responsibility and differentiate between social obligation and social responsiveness?
Wiki User
∙ 14y ago
•Social Obligation
ØThe obligation of a business to meet its economic and legal responsibilities and nothing more.
•Social Responsiveness
ØWhen a firm engages in social actions in response to some popular social need.
•Social Responsibility
ØA business's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.
Wiki User
∙ 14y ago
Social responsibility is the ethical framework that suggests individuals and organizations have an obligation to act for the benefit of society at large. Social obligation refers to the requirement to meet certain societal norms and legal regulations, which are minimum expectations for social behavior. Social responsiveness is the proactive nature of addressing social issues and going beyond mere compliance, demonstrating a commitment to advancing social well-being.
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What is the difference between necessity and obligation?
Necessity refers to something that is indispensable or required for a certain outcome, while obligation refers to a duty or responsibility to do something as a result of a moral, legal, or social contract. Necessity implies there is no other choice, whereas obligation suggests a sense of duty or commitment.
Is there a difference between philanthropy and social responsibility?
Yes, philanthropy typically involves providing financial or other resources to support charitable causes, while social responsibility refers to a company's obligation to operate in an ethical manner that benefits society as a whole, including considerations of environmental impact, employee well-being, and community engagement. While philanthropy is one way to fulfill social responsibility, the latter encompasses a broader range of practices that affect various stakeholders.
Difference between obligation and essential?
An obligation is a duty or responsibility that one is required to fulfill, often due to external expectations or agreements. Something essential is absolutely necessary or crucial for a particular purpose, often referring to fundamental qualities or characteristics. While obligations imply a sense of duty or commitment, essentials highlight the importance or indispensability of something.
What is the difference between the views of classical and social responsibility?
Classical view of responsibility holds that a business should solely focus on maximizing profits for shareholders, while social responsibility view believes that businesses should also consider and address the impact of their actions on society and the environment. Classical view emphasizes economic performance, while social responsibility view emphasizes ethical and social impacts.
What two criteria did Aristotle used to describe difference between democracy and oligarchy?
Aristotle used wealth and birth as criteria to differentiate between democracy and oligarchy. In a democracy, political power is held by the poor majority, while in an oligarchy, power is held by the wealthy few.
What is the differences between a civic duty and a civic responsibility?
A responsibility is an obligation that citizens fulfill voluntarily.
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.
Is there a Conflict between a company's responsibility to its shareholders and its responsibility to society as a whole?
yes ofcourse take a look at the stewardship theory and the stakeholder theory..there is conflict between having an obligation to society/stakeholders or shareholders.
Is there a difference between philanthropy and social responsibility?
Yes, philanthropy typically involves providing financial or other resources to support charitable causes, while social responsibility refers to a company's obligation to operate in an ethical manner that benefits society as a whole, including considerations of environmental impact, employee well-being, and community engagement. While philanthropy is one way to fulfill social responsibility, the latter encompasses a broader range of practices that affect various stakeholders.
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