Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or responsible business) is a form of corporate self-regulation integrated into a business model
Social responsibility is the awareness that business activities have an impact on society and the consideration of that impact by firms in decision-making. Visit this page http://bankofinfo.com/social-responsibility-of-business/
Social responsibility of business towards different sections of society .Reasons for the development of social responsibility concept,Arguments against social responsibility,
Social activities undertaken by some companies
CSR-
CORPORAT SOCIAL RESPONSIBLITY
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public.
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public.
Balance of Triple Bottom line (Economy, Environment, society)
Concept of CSR
CSR and Corporate Governance
CSR related concepts
Legal aspect
Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or responsible business) is a form of corporate self-regulation integrated into a business model
Social responsibility is the awareness that business activities have an impact on society and the consideration of that impact by firms in decision-making. Visit this page http://bankofinfo.com/social-responsibility-of-business/
Social responsibility of business towards different sections of society .Reasons for the development of social responsibility concept,Arguments against social responsibility,
Social activities undertaken by some companies
CSR-
CORPORAT SOCIAL RESPONSIBLITY
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public.
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public.
Balance of Triple Bottom line (Economy, Environment, society)
Concept of CSR
CSR and Corporate Governance
CSR related concepts
Legal aspect
www.checkerboard.com - Presentation given to marketing managers and business owners. Special thanks to my many sources. If you'd like to work with our company, or need additional information on this topic, please contact us!
Webinar: How to a Build A Social Media PlanHootsuite
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Bus106 wk4 ch4 ethics and social responsibilityBhupesh Shah
BUS106 Ethics and Social Responsibility - from UNDERSTANDING CANADIAN BUSINESS, 7th Cdn Edition (custom publication for Seneca) ; published by McGraw-Hill
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This is one of the most important chapters for the students appearing for IPCC exam.Mia Mia is one of the best listing website for IPCC Classes in Mumbai. We are also known for our systematic listing of various IPCC, CA Final and CPT CLasses in Mumbai. QLI is a class where each student is our priority. We are one of the best listing website for CA Classes in Mumbai.
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Any organisation that really wants to excel within it industry or sector and environs must ensure it carries out Corporate Social Responsibility regular.
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Until a few years ago, the objectives of businesses were solely focused on profit maximization. However, over the past few years, Social Responsibility has increased in importance as a business goal. The concept of social responsibility has been controversially discussed since the early 70s. Many academics and business practitioners introduced their definitions of social responsibility. Among the existing interpretations, the definition developed by the International Organization for Standardization has been most widely used. ISO 26000 defines social responsibility as the responsibility of an organization for the impacts of its decisions and activities on society and the environment through transparent and ethical behavior.
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The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
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Corporate social responsibility
1. Question 1 (a)
Discuss and explain the concept of
corporate social responsibility as
well as its short and long term
consequences for an organisation
2. Concept of corporate social
responsibility
• Corporate social responsibility is an management
concept whereby companies integrate social and
environment concern in their business operation
and interaction with their stakeholder.
• www.iisd.org, “Identify corporate social
responsibility promote vision of a business
accountability to a wide range of a stakeholders,
besides shareholders and investors. Key areas of
concern are environmental protection and the
wellbeing of employees, the community and civil
society in general, both now and in the future
3.
4. Concept of corporate social
responsibility
• According to Wood, the “basis idea of a
corporate social responsibility is that business
and society are interwoven rather distinct
entities”. And that expectation are placed on
business due to its three role.
5. The role are as follow in the table
below
institutional Legitimacy- refer to social granting of
legitimacy and power to business, and
business appropriate use of that power
and the possibility of losing that power
orgaizational Public responsibility- means that the
business is responsible for outcome relate
to its are of involvement with society
Individual - Managerial discretion- refer to managers
as moral actor who are obliged to exercise
such discretion as is available to them to
achieve social responsibility outcomes
6. Short and long term consequences for
corporate social responsibility in an
organisation
• The Social Responsibility of Business is to
Increase its Profits.
• Responsibility= build awareness
• Taking action=“crucial to the success of
business" and "increasingly it is the case that
business cannot be indifferent to how it
creates value”.
7. Question 1 (b)
How far is it true that the social
responsibility of business is to
increase profit?
• Transparency and reporting.
• Increase stakeholder activism.
• Access to capital.
8. “our organisation is not in trouble
with the law , so we are ethical”
I totally agree with the sentiments in the above
qoutation:
Ethics programs help maintain a moral course in
turbulent times. Ethics programs cultivate strong
teamwork and productivity. Ethics programs support
employee growth and meaning. Ethics programs are an
insurance policy; they help ensure that policies are legal.
Ethics programs help avoid criminal acts “of omission”
and can lower fines. Ethics programs help manage values
associated with quality management, strategic planning
and diversity management. Ethics programs promote a
strong public image.
9. References
• Chapter 7 corporate social responsibility: the
concept.
http/www.thenextgreatpriminister.ca/home/
• www.04-scr/corporate-social responsibility-
and- financial -performance-in-the-Australian
context.hml
• www.iisd.org corporate social responsibility
(CSR) current issues.
• Pava. M(2008) why corporate should not
abandon social responsibility. Journal of
business ethics 83,809,189.