1. Organizations should examine their values, short run profits, and others, to ensure their concepts are sound.
2. Organizations should evaluate their long range planning and decision making processes to ensure that they understand potential consequences.
3. Organizations should seek to aid both governmental and volunteer agencies in their social efforts.
4. Organizations should find ways to solve social problems through their own businesses.
5. Organizations should be active in corporate philanthropy. Should donate money, property, or work for socially useful purposes.
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.
The best way to improve corporate responsibility is to hold organizations accountable for their actions. Consumers can do this by boycotting firms that don't act responsibly.
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.
demerits of social responsibility
We have a responsibility to respond to the actions of others with empathy and understanding, as our reactions can influence relationships and social dynamics. This involves considering the context of their actions and responding appropriately, whether through support, constructive feedback, or setting boundaries. Ultimately, our responses can foster positive communication and contribute to a more compassionate environment.
scope of corporate social responsibility
help me to know the scope of social responsibility
Social accounting (also known as social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting, oraccounting) is the process of communicating the social and environmental effects of organizations' economic actions to particular interest groups within society and to society at large.[1]Social accounting is commonly used in the context of business, or corporate social responsibility (CSR), although any organisation, including NGOs, charities, and government agencies may engage in social accounting.
It is a social responsibility
In social responsibility, it is your duties and responsibilities socially as a citizen. In social responsiveness, it is your response to a social matter.
In social responsibility, it is your duties and responsibilities socially as a citizen. In social responsiveness, it is your response to a social matter.
Yes,because it enterusted the government with the responsibility of providing social, economic and political equality to all