dilution of purpose
what are the barrier of social responsibility
•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.
The Social Responsibility Theory was created in 2000.
Yes, philanthropy is an optional, and often very generous, donation, while social responsibility is an obligation set upon by the government (such as paying taxes, etc.) Social responsibility also is a responsibility for ALL citizens so the country may keep running .
The corporate social responsibility of the Philippines airlines is to give back to the society. It accomplishes such by organizing sports and events and awarding winners. Giving donations to schools and hospitals.
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Assists the firm in achieving an enhanced reputation and market share
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.
demerits of social responsibility
what are the barrier of social responsibility
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
•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.
help me to know the scope of social responsibility
scope of corporate 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
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.
The Social Responsibility Theory was created in 2000.