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What stance should businesses take regarding social responsibility?
Wiki User
∙ 10y ago
social responsibility is the personal obligation of every one , as he acts in his own interest , to assure that the rights and legitimate interests of all other are not infringed
Businesses address their social responsibilities in a number of different ways and some chose not to do so at all.
An example of one business who thinks that their turnover allows for them to make a difference in the world are Bed Ted who have recently pledged to donate an item of baby bedding to a mother in need for every one bought.
Wiki User
∙ 10y ago
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How do we improve corporate social responsibility?
One way society can improve corporate social responsibility is by boycotting businesses that don't act responsibly. When a business loses money, they respond accordingly.
Why is there so much government regulation involving social responsibility issues?
Why is there so much government regulation involving social responsibility issues? Should there be less
Social responsibility of business is to increase its profit elucidate this statement in the context of the economists?
The social responsibility of business is to increase its profit elucidate this statement in the context of the economist. Social responsibility should not be meant for profits but to the thank the loyal customers for buying certain goods.
What is the scope of social responsibility?
help me to know the scope of social responsibility
Companies that take a social obligation approach to social responsibility?
What companies take a defensive approach to social responsibility
What are the major areas of social responsibility with which businesses should be concerned?
Health, housing, and employment
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.
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.
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.
What are the classical and socioeconomic views on social responsibility?
Classically, social responsibility is the idea that businesses should contribute to society beyond just making a profit. This includes actions like ethical business practices, philanthropy, and environmental sustainability. From a socioeconomic perspective, social responsibility is seen as a way for businesses to address societal issues and inequalities that stem from economic disparities, and it can help create a more equitable and sustainable economy for all stakeholders.
How do we improve corporate social responsibility?
One way society can improve corporate social responsibility is by boycotting businesses that don't act responsibly. When a business loses money, they respond accordingly.
