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What is The scope of corporate social responsibility?
scope of corporate social responsibility
Does it make sense for a new business to develop a formal social responsibility program?
Yes, it makes sense for a new business to develop a formal social responsibility program as it can enhance brand reputation, attract customers, and differentiate the company in a competitive market. Implementing such a program can foster employee engagement and loyalty, as many workers prefer to be associated with socially responsible organizations. Additionally, a structured approach to social responsibility can help the business comply with regulations and mitigate risks associated with environmental and social issues. Overall, it can contribute to long-term sustainability and positive community impact.
What are the four levels of social responsibility in an organization?
1.Economic Responsibility;2. Legal Responsibility;3.Ethical Responsibility; &4.Discretionary Responsibility;
What is the difference between corporate governance and corporate social responsibility?
Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.
Explain the meaning and purpose of an organizational design Describe the key factors which affects organizational design and their impact Illustrate with reference to an organization Briefly?
An organization is a social entity that is goal directed, designed as deliberately structured and cordinated activity systems, and are linked to the external environment. The key factors which affect organizational design are globalization, intense competition, ethics and social responsibility, speed and responsiveness and diversity.
What is differentiate social responsibility and social responsive?
In social responsibility, it is your duties and responsibilities socially as a citizen. In social responsiveness, it is your response to a social matter.
What is the difference among social responsiveness social obligation and social responsibility?
social obligation - needs to obey the rules social responsiveness - make the rules social responsibility - taking more pro active stance on action
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.
How is social responsibility social obligation and social responsiveness similar?
Social responsibility, social obligation, and social responsiveness are similar in that they all emphasize the importance of ethical behavior and accountability in addressing societal needs. Each concept reflects a commitment to acting in ways that benefit the community, whether through voluntary initiatives (social responsibility), fulfilling expectations or duties (social obligation), or actively adapting to social issues and stakeholder concerns (social responsiveness). Together, they highlight the interconnectedness of businesses and organizations with the society in which they operate.
Define social responsibility and differentiate between social obligation and social responsiveness?
•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.
How Organizations can Choose to Respond to Societal Demands for Social Responsibility?
Social responsiveness is a company's response to stakeholders' demands for socially responsible behavior. There are four social responsiveness strategies. When a company uses a reactive strategy, it denies responsibility for a problem. When it uses a defensive strategy, it takes responsibility for a problem but does the minimum required to solve it. When a company uses an accommodative strategy, it accepts responsibility for problems and does all that society expects to solve them. Finally, when a company uses a proactive strategy, it does much more than expected to solve social responsibility problems.
Is the company observing social responsiveness or social responsibility if the company donates to charity institution?
Giving to charity is one way they might be, but it alone does not make them a socially responsible company.
What are demerits of social responsibility?
demerits of social responsibility
What are the characteristics that differentiate families from other social groups?
The charateristics that differentiate families from other social groups are law, education, lifestyle.
What is The scope of corporate social responsibility?
scope of corporate social responsibility
What is the scope of social responsibility?
help me to know the scope of social responsibility
What is the difference between responsibility and responsiveness and obligation?
Responsibility refers to one's duty or obligation to complete a task or fulfill a role. Responsiveness is the quality of reacting quickly and positively to something, such as feedback or requests. Obligation is a duty or commitment to do something, often because of a moral or legal requirement.
