SOCIAL RESPONSIBILITY
Social responsibility is a moral or ideological premise that an individual, whether it is a government, corporation, or organization has a responsibility to society. It is usually associated with business and administration practices that can be perceived as either negative, meaning to avoid from acting or positive which means that there is a responsibility to act.
Corporate social responsibility, on the other hand, is a concept that considers the interest or common good of society by being in charge of the activities and well being of its members. This aspect of social responsibility includes the following components: ethical, economical, legal and philanthropic. For the ethical component, they need to make wise business decisions that do not go against their code of demeanor. The main economic responsibility is to convey in income, compensate their accountabilities and bring in revenue. This is very important because people will depend on this in order for them to live accordingly. People also have the legal responsibility to obey the law, otherwise they will be held responsible for their misconduct and suffer the consequences of not abiding by the rules. Giving back to the community is one way of applying philanthropic responsibility. It is very important for all corporations to have responsibility to their employees, investors, workers and general public. They should provide fair working stipulations, avoid discrimination, endow with economic security and be fair and honest to them. In this way, they would all work harmoniously and everyone would be satisfied.
15 comments:
This is very true and well written. I agree with everything you said.
Keep it up! :))
good job!
i feel that it is very informative
Very informative. Good job. I've learned a lot.
I think it's important for everyone to know and abide by their social responsibilities so that we can go on with a good flow. Norms and rules limit us but i think it's good because we can't do everything we want all the time because it can be detrimental to others or sometimes ourselves.
It's also important for businessmen and women or entrepreneurs to have a good grasp of their corporate social responsibility. This will create a good environment for the employer, employees and the business.
i feel that this is a very interesting topic for management students. this should be discussed in busorga classes.
both interesting and informative.
wow! great job Raisa! Actually I totally agree with ihatesmokers. ihatesmokers, ctc? ASL? HAHAHAHA!;p
both interseting and informative. nice job.
CSR is a good topic to tackle especially for managment students. This was very well written and very informative. Good Job! :D
yes. if only all those aspects (ethical, economical, legal and philanthropic) were mandatory, or, at least, followed.
Easier said than done.
well said.
this essay is very good! it was organized, and the writer made it simple and easy to understand without sacrificing any important information.
very well explained. good job. :)
very informative!! now that we all know what it is, we should put it to practice. :)
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