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What are the major areas of social responsibility with which businesses should be concerned?
Wiki User
∙ 10y ago
Health, housing, and employment
Wiki User
∙ 10y ago
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How would you describe a social audit?
Businesses that are concerned about social responsibility will conduct social audits. This is a systematic evaluation of the organization's progress toward implementing socially responsible programs.
What impact does social responsibility have on other businesses?
no
How social responsibility by businesses affect the consumer community positively?
Businesses should treat their customers fairly. If they don't it will come back to bite them.
What is business social responsibility and corporate profit maximization?
"corporate social responsibility" is how businesses monitor themselves ethically. Businesses incorporate things such as sustainability into their CSR plan
Social responsibility of a business management to society?
Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.
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.
How does social responsibility business positively affect the consumer?
How does social responsibility by businesses affect the consumer community negatively
What phrase describes businesses who develop a positive relationship to society?
Social Responsibility
What 3 examples of how businesses address their social responsibility function?
Social responsibility is a way for businesses to ensure they are following the laws and ethical standards set by consumers, lawmakers, and stockholders. Three examples of addressing social responsibility include environmental sustainability, community involvement, and ethical marketing practices.
Does architect have responability to the community?
Almost every profession and organization impacts society. Therefore, each should be concerned about increasing social responsibility.
What is one of the biggest social issues that businesses face today?
Environmental Responsibility
What is it called when companies support social issues?
When companies support social issues, it is referred to as corporate social responsibility (CSR). This involves businesses taking responsibility for the impact of their activities on society and the environment.
