Social Responsibility Social Responsibility Views on Corporate Social Responsibility Abstract This dissertation examines R. Edward Freeman and Milton Freidman perspectives surrounding corporate social responsibility by summarizing their respective articles titled: “Stakeholder Theory and The Corporate Objective Revisited” and “The Social Responsibility of Business is to Increase its Profits” Nov 04, · Social Responsibility and the College Student. Words: Length: 4 Pages Document Type: Term Paper Paper #: Read Full Paper. college education, learning and practicing the social responsibility and the significance of inculcating a strong sense of social responsibility in college students According to Social Responsibility (), social responsibility is the idea that businesses should not function amorally, but instead should contribute to the welfare of their communities. In the instance of Company Q, I do not believe that the grocery store chain is being socially responsible
Social Responsibility Essays: Examples, Topics, Titles, & Outlines
In: Business and Management. Social Responsibility Views on Corporate Social Responsibility Abstract This dissertation examines R, social responsibility term paper. By examining their articles, I will provide a personal opinion of which of their economic models should be the social responsibility term paper model when it comes to business and corporate social responsibility.
Summary of Articles Author R. In response to social responsibility, Freeman clarifies that stakeholder theory claims that no matter what the ultimate mission of the corporations or any form of business activity, managers and owners must take into account the Part A Overall, Company Q has a very negative attitude toward social responsibility. Part of social responsibility is having a social responsibility term paper interaction between a company and the community in which it operates.
Company A did not have a positive interaction in the city because they closed several of their stores. A socially responsible company is aware of, and positively acts on the concerns of its consumers and the environment. The company does not seem very disturbed with the concerns and the requests of its customers. When the store finally did bring in these much requested social responsibility term paper items, they were very limited and were very expensive.
A socially responsible company cares about the way that it influences and affects the people it deals with on a daily bases. In the case of Company Q being asked to donate day-old food to a local food bank, it denied their request, social responsibility term paper. A socially responsible company is not completely concerned with maximizing their profits, but they understand that the people they serve are just as important as making a profit.
The company thought that they would lose revenue due to the possibility that their employees might steal food under the guise of them donating it, and therefore the company decided to not donate any food to the food bank. Part B When a company improves its social responsibility, it will not only benefit the community and the people it We believe that environmental protection management also helps to secure the future success of the company.
Many of our manufacturing facilities are ISO and have been validated according to strict environmental regulations. GT Valvetrain continually practices manufacturing of its components with sustainable environmental practices. This board would consist of employees that analyze all new chemicals and substances to be used in future manufacturing processes.
Large electricity consumption is inherent with manufacturing automotive components therefore GT Valvetrain could install solar panels on the rooftop of the plant to manufacturer some of its large amount of needed electricity.
In making this investment into clean renewable energy What is social responsibility? What exactly is being socially responsible? For example, wherever it is that you go, social responsibility term paper, whether you are in college, in school, or at work, the most important key that will lead you to a successful life is being respectful to others. If your social responsibility term paper is to show respect to the people around you, then they will show you their respect and treat you with kindness.
In addition, to explain the question of how important social responsibility is to the America society America has a significant international population. Many people that live in America are from a different environment, culture social responsibility term paper lifestyle. They have left their country, and their family to travel across the oceans to seek a better future; they not only bring their intellect to the country, but also their cultures and knowledge to help develop the country.
To live in harmony with others is to improve and to create a better community. An organization should focus on having a positive image and reduce any negative impacts on stakeholders. A socially responsible company will maintain a good reputation with all of their stakeholders. Social responsibility follows several guidelines; ensuring profitability, social responsibility term paper, maintains a legal structure, abides by ethical standards, and engages in philanthropy.
Company Q does not engage in a very positive social responsibility. The company had two of their grocery stores located in areas with high crime rates. Because of this, they eventually had to close down both of the stores, resulting in a decrease in profits and disappointed loyal customers in the area.
Company Q also lost out on profits when they decided to put a limited amount of their new healthy and organic items on the shelves. Although the new items were high margin, they did not benefit the company because there was only a limited amount being social responsibility term paper to customers. As far as philanthropy, Company Q does not provide donations to the local food bank in order to avoid possible fraud or theft from their employees, causing them to lose out on a good public image.
If fraud or theft occurs in the company, it goes against the legal structure that the company is required to have. Social responsibility term paper on the fact that the company is worried social responsibility term paper legal issues which prevent them from making donations, it social responsibility term paper clear that the company lacks CSR and globalization[1] Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon.
Yet, owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution Davis, Whitman and Social responsibility term paper, But, until the s, CSR was generally limited to corporate philanthropy. It is from the early s that enlarged concepts and practices of CSR have come to the fore. What drove these radical changes in the conception and implementation of CSR? Scherer and Palazzo claim that, in a globalized world, it is necessary a shift toward a new politically enlarged concept of CSR.
In fact, globalization is weakening the power of national political authorities to regulate the activities of corporations that globally expand their operations: for instance, globalization forces national governments into a race to the bottom in order to win the competition with other countries for attracting corporate investments.
Thus, social responsibility term paper, they reason that corporations should be understood as both economic and political actors. Davis, Whitman and Zald claim that, in addition to weak national boundaries that separate domestic from foreign companies, another crucial difference of the global competitive environment of the 21st century is the weak distinction between activities and transactions occurring inside as opposed to outside a corporate entity: while companies are moving JJT Task 1 Social Responsibility Develop a social responsibility strategy for your chosen client which includes the following components: A1.
Environmental considerations and recommendations planet This strategic plan for Wide River Community College District promotes a college wide mission for implementing substantial effort to reduce our environmental impact on the planet, on our neighborhoods, and on our college campuses, social responsibility term paper.
Wide River Community College District chooses to promote sustainability in action by reaching, teaching and practicing the suggestions outlined in this strategic plan for a higher quality of living, while ensuring a healthier environment today with greater possibilities for the next generation.
Using alternative methods of transportation supports reduction of greenhouse emissions, which are mostly a mix of carbon dioxide, methane, nitrous oxide, and fluorinated gases. Reducing these emissions will be contributing to better air quality, helping to make our neighborhoods a healthier place to live, work, and play; with less traffic congestion, recovering air quality, and less financial stress for Social Responsibility The concept of social responsibility had been in existence in the corporate world.
Businesses and firms have a responsibility to the society in which they prevail and operate. It is their obligation to give back to the community where they are sustained. Such giving back or supporting the community in some form is the social responsibility action of the enterprise, social responsibility term paper. The giving back to the community may be as financial support, promoting the community through opportunities to develop, making the society safer through eco-friendly strategies and keeping the business profitably sustained in the community so that the society ultimately benefit from the business one way or another, social responsibility term paper.
The concept of social responsibility has changed a lot in recent years, expanding beyond an act of charity to the society. It is now the consideration of social responsibility term paper, planet and profit. People are now concerned not only with the product but also with the methods of production.
That has become the focus of social responsibility of manufacturers, businesses and other corporations. How the society as a whole is benefited or affected, social responsibility term paper, is looked upon carefully. Business enterprises and manufacturing companies can longer act in vacuum any more. Their actions in a multitude of ways affect the society and the impact whether positive or negative is According to Social Responsibilitysocial responsibility is the idea that businesses should not function amorally, but instead should contribute to the welfare of their communities.
In the instance of Company Q, I do not believe that the grocery store chain is being socially responsible. There are several aspects that could be improved upon.
These aspects include: offering more health conscience and organic merchandise, donating items to local food banks and opening stores in lower income areas. Company Social responsibility term paper should offer more healthy and organic options for the customers who want to purchase them. These options would be profitable for the chain. More importantly, these options would allow customers to choose merchandise that is better for themselves and social responsibility term paper environment.
Increasing healthy products available would increase the number of healthy patrons. This is a perfect example of social responsibility. Company Q should donate food to social responsibility term paper local food bank.
The items requested were about to be thrown out anyway; instead of being wasteful, social responsibility term paper, the store should give the merchandise to those in need.
The company is concerned with the possibility of theft of the items, but if the store is going to throw them in the trash what does it matter? By donating food items to local food banks Company Q is showing that its management cares about the local economy and community, social responsibility term paper. Company Q should open more stores in low income communities, social responsibility term paper.
If the chain were to do this, the local In evaluating the current social responsibility attitude of the small local grocery store chain, Company Q, it is apparent that they have taken the stance of a shareholder model of corporate governance, as opposed to the stakeholder model. This type of orientation drives their decisions toward the best interests of the investors, not of the community or focus of social responsibility.
Being socially responsible means that people and organizations social responsibility term paper ethically and with sensitivity toward social, cultural, social responsibility term paper, economic, and environmental issues. Striving for social responsibility helps people, organizations, and governments have a positive impact on development, business, and society with a positive contribution to bottom-line results.
Closing two stores in the higher-crime areas could possibly have a more dramatic and negative effect on the community by appearing that Company Q has abandoned that section of the community for a safer, more profitable location Based on the pyramid of corporate social responsibility the levels go in order of economic responsibilities, legal responsibilities, ethical responsibilities, and finally philanthropic responsibilities.
Economic responsibilities is the base of what businesses are made for, social responsibility term paper. The number one goal of a company is to make profit. Without initially making profit, everything else in the pyramid is invalid. After economic responsibilities are established, legal responsibilities come next.
This means that the business must be following the laws and regulations. This is important as well because if the business does not do this then they will no longer have a business. This responsibility may be equally as important as their economic responsibility.
Next comes ethical responsibilities. Entrepreneurs are expected to run their businesses with a code of ethics. Legal responsibilities and ethical responsibilities also go hand in hand because laws and regulations from federal, state, and local government stems from ethics.
This is the level of the pyramid where businesses run into a lot of gray area.
Social Responsibility Perspectives: The Shareholder and Stakeholder Approach
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Social Responsibility Social Responsibility Views on Corporate Social Responsibility Abstract This dissertation examines R. Edward Freeman and Milton Freidman perspectives surrounding corporate social responsibility by summarizing their respective articles titled: “Stakeholder Theory and The Corporate Objective Revisited” and “The Social Responsibility of Business is to Increase its Profits” Any deadline Social Responsibility Term Paper is manageable when you have so proficient writers on the team. Give us any deadline, even the most desperate one, and we'll meet it. Social Responsibility Term Paper Turning you down because of an urgent order isn't going to happen. Helping you with any task and deadline Social Responsibility Term Paper is our primary concern/10() Nov 04, · Social Responsibility and the College Student. Words: Length: 4 Pages Document Type: Term Paper Paper #: Read Full Paper. college education, learning and practicing the social responsibility and the significance of inculcating a strong sense of social responsibility in college students
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