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Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
Social responsibility
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Social responsibility

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  • 1. Social Responsibility Prepared by: Makwana Purva E. Enroll. no.107360592012
  • 2. What is Social Responsibilities ???????
    • Social responsibility of business refers to all such duties and obligations of business directed towards the welfare of society.
    • an organization’s obligation to maximize its positive impact on stakeholders and to minimize its negative impact on it.
  • 3. Dimensions of SR:
    • Social responsibilities includes four dimension :
    • Legal,
    • Ethical,
    • Economic,
    • Philanthropic (discretionary) dimensions
  • 4. Legal Dimension...
    • refers to obeying governmental laws and regulations
    • civil law:
    • rights & duties of individuals and organizations
    • criminal law:
    • prohibits specific actions and imposes fines and/or imprisonment as punishment for breaking the law
  • 5. Ethical Dimension...
    • behaviors and activities that are expected or prohibited by organizational members, the community, and society (not codified into law)
    • standards, norms, or expectations that reflect the concern of major stakeholders.
  • 6. Economic Responsibilities...
    • how resources for the production of goods and services are distributed within the social system
    • consumers always favor socially responsible companies or are they most enamored with companies that maximize profits.
  • 7. Philanthropic Dimension...
    • business’s contributions to society
    • strategic philanthropy
      • Home Depot
      • Microsoft, Hewlett Packard, IBM
      • Avon
  • 8. Definitions:
    • According to Koontz & O'Donnell,
    • “ It is the personal obligation of every one as
    • he acts for his own interests to assure that the rights
    • and legitimate interests of all others are not impinged”
    • According to K.R. Andrews,
    • “ Conceptually SR may be taken to mean intelligent and objective concern for the welfare of the society”
  • 9. Contd..
    • According to Howard R. Brown,
    • “ SR of B’ness refers to the obligation of B’ness
    • to pursue those policies
    • to make those decisions or
    • to follow those lines of action
    • which are desirable in terms of the objectives and values of the society”
  • 10. Forces for increasing concern about SR
    • Consumerism :
    • concern customers abt their rights. Businessman have been forced to care for the interests of consumers.
    • Public opinion :
    • public opinion and the threat of govt. control has made businessman to be responsible.
    • Trade unionism :
    • growing power of TU and labor laws have led b’ness to be concerned with labour welfare.
    • Trusteeship :
    • This principle suggests tht b’ness mgr should be caretakers of their property holding it in trust for the society as a whole.
  • 11. Thanks...........

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