Corporate responsibility typically encompasses the ethical obligations and social impact of a company's practices, including its effects on employees, consumers, and the environment. Personal responsibility, on the other hand, relates to individual actions and choices, reflecting one's values and ethics. The boundary between the two can blur; for instance, employees may feel responsible for upholding a company's values, while corporations might encourage personal accountability among their workforce. Ultimately, both realms intersect, as corporate policies can shape individual behaviors, and personal ethics can influence corporate culture.
scope of corporate 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.
1.Economic Responsibility;2. Legal Responsibility;3.Ethical Responsibility; &4.Discretionary Responsibility;
Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.
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.
IT doesn't
Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business
Business ethics refers to the principles and values that guide the behavior and decision-making processes within a business. Social responsibility, on the other hand, refers to a business's obligation to act in ways that benefit society, such as through charitable activities, environmental sustainability, and ethical labor practices. While business ethics focus on internal conduct, social responsibility focuses on external impact and contributions to the larger community.
this is because ethics is the way how workers in a certain field of business conduncts them selves and this may atract customers if they have good ethics
Norman Henry Pizer is the author of several books on topics such as ethics in business, corporate social responsibility, and leadership. He has written works like "Business Ethics: The Ethics of Business, Corporate Social Responsibility and One's Work" and "Images of Combat: The Civil War and Its Aftermath."
social responsibility is the duty that every individual has to perform. a good citizen of a country will always be responsible for the growth of the country in economy etc.
Geo Pyburn has written: 'The responsibility devolving upon men of science in relation to social problems' -- subject(s): Social ethics
business ethics are how a company scams its empoyees and consumers. While social responsiblity in society is the act of seeking maximum sales revenue. The philosphy is best seen with cash is king.
A decision on social responsibility and ethics in business involves evaluating the impact of a company's actions on stakeholders, including employees, customers, communities, and the environment. It requires balancing profit motives with the ethical obligation to contribute positively to society, ensuring that business practices align with moral standards and societal expectations. This can manifest in sustainable practices, fair labor policies, and transparent governance, ultimately fostering trust and loyalty among consumers and enhancing the company's reputation. By prioritizing ethics and social responsibility, businesses can achieve long-term success while making a meaningful difference.
Because humans are a social animal we must interact with others to survive and this means we are responsible for our actions. Our first responsibility is to our own selves: our health, our goals and our sense of ethics. In our personal lives we are responsible to our families and friends, for giving the time and caring. In our professional lives we have professional responsibilities differing from profession to profession, but generally similar in the our responsibilities are meant to create trust in our working relationships.
Yes they do. Part of the curriculum involve ethics, and social responsibility.