Social responsibility of management
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The document discusses the social responsibilities of businesses to various stakeholders. Businesses depend on society for money, labor, skills, and markets. Social responsibility refers to a business's obligation to protect and improve society's welfare as well as its own interests. The key social responsibilities of businesses are to owners, employees, consumers, the community, and the government. This includes providing fair wages and working conditions for employees, quality products at reasonable prices for consumers, preventing pollution and supporting community development, and complying with government regulations.
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Chapter 1
Introduction to business by Agha Tahir Ijaz Qazi Shahzad Ehtesham
concept of business Nature of Business , Characteristics of Business , Functions and Objectives of Business Elements of Business , Role of Business , Elements of Goods Business Business Man ,Qualities of Good Business Man Professional Qualities , steps establish for a new business , Responsibilities of the Business ,
Ethics presentation final 20[1].09.10
Ethics addresses concepts like good and evil, right and wrong, and justice. It studies universal values that should govern interactions between people, businesses, and the environment. Ethics provides principles that extend to all human activities and spheres, identifying acceptable conduct. Businesses have a responsibility to improve lives through wealth creation while respecting ethics and obligations to customers, employees, shareholders, suppliers, competitors, communities, and the environment. All members of a business must uphold ethics for credibility, decision making, and long term success.
Ethics presentation final_20.09.10[1]
Ethics addresses concepts like good and evil, right and wrong, and justice. It studies universal values that should govern interactions between people, businesses, and the environment. Ethics provides principles that extend to all human activities and spheres, identifying acceptable conduct. Businesses have a responsibility to improve lives through wealth creation while respecting ethics and obligations to customers, employees, shareholders, suppliers, competitors, communities, and the environment. All members of a business must uphold ethics for credibility, decision making, and long term success.
social responsbilties
The document discusses the social responsibility of businesses. It defines social responsibility and corporate social responsibility as going above statutory requirements and having a moral duty to benefit society as a member of society. The document outlines the traditional view of profit maximization versus the modern view of social responsiveness. It discusses factors that affect a business's social orientation and responsibilities toward customers, employees, shareholders, other businesses, the government, community, and market intermediaries.
objectives of business
This document discusses the relationship between business and society. It states that business activities are influenced by social structures and values, and businesses also influence society through their actions. While businesses aim to adapt to their external environment in the short run, they also have a role in shaping social attitudes over time. The objectives of modern businesses have expanded beyond just profit maximization to include social objectives like protecting consumers, workers, communities, and the environment.
Csr
The document discusses the social responsibilities of businesses towards various stakeholders. It outlines that social responsibility means allocating resources to address social needs and problems. Businesses have social responsibilities to create a good image, comply with laws, and address issues like natural calamities. They are responsible towards consumers by providing quality, safe products, and towards shareholders by protecting capital and providing dividends. They must also support their community through job creation, infrastructure development, and environmental protection. Additionally, businesses have responsibilities towards their human resources like providing fair wages and working conditions. The document provides examples of social service activities undertaken by one company in areas like education, healthcare, skill enhancement, and infrastructure development.
Corporate Social Responsiblity
This document discusses corporate social responsibility (CSR) as presented in a seminar. It defines CSR as a continuing commitment by businesses to behave ethically and contribute to sustainable development. It outlines criticisms of corporations, how CSR benefits various stakeholders, and new trends in CSR like partnerships with NGOs and focus on society. It also discusses the establishment of the National Foundation for Corporate Social Responsibility to facilitate CSR programs and the benefits of good CSR practices.
Safeguarding the Namibian public interest
The document discusses consumer protection in Namibia. It describes the Namibia Consumer Protection Group (NCPG), a non-profit organization founded in 2009 to advocate for consumer rights. The NCPG focuses on illegal and unethical business practices and raising consumer awareness. It also discusses the need for regulations to balance business and consumer interests when markets fail consumers. The document outlines Namibia's Consumer Charter which details various consumer rights and proposes establishing an independent consumer protection commission to better protect Namibian consumers in the future.
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This document discusses the social responsibilities of business. It defines social responsibility as a company allocating resources to address social needs and problems. Businesses have social responsibilities to various stakeholders like consumers, shareholders, communities, employees, and governments. They must provide quality, safe products, treat employees and communities well, be transparent, and obey all laws. However, companies may face barriers to social responsibility like profit pressures. The document also gives examples of social service activities undertaken by one company, like infrastructure development, education support, healthcare programs, and skill enhancement initiatives in local communities.
3.Social Responsibility of Business.pdf
Social responsibility refers to voluntary efforts by businesses to satisfy stakeholder expectations through activities that benefit society. Businesses undertake social responsibility activities to improve their public image, ensure long-term survival and growth by maintaining community support, and satisfy employees. Social responsibility involves considering the interests of consumers, investors, the community, employees, government, and suppliers. Common social responsibility activities include improving infrastructure, providing education, healthcare, skills training, and addressing unemployment and environmental issues in local communities.
BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILTY-1.pdf
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Csr
This document discusses corporate social responsibility and its importance. It defines CSR as showing concern for sustainability and ethical business practices. Areas of CSR responsibility include society, government, shareholders, employees, and consumers. Companies can take approaches ranging from social obstruction to social contribution. The document provides examples of irresponsible behavior, such as child labor, industrial accidents, accounting fraud, and failure to compensate victims.
CORPORATE SOCIAL RESPONSIBILITY.pptx
The document discusses corporate social responsibility (CSR) and social audits. It defines CSR as businesses seeking social and environmental benefits alongside profits. The importance of CSR includes reducing costs, improving brand recognition and increasing sales. Businesses have social responsibilities to various stakeholders like shareholders, employees, customers, suppliers and society. A social audit measures an organization's social performance, identifies gaps, and improves social impact. It benefits disadvantaged groups and promotes collective decision making.
PPT OF ED OF PRIYANSHU JOSHI (1).pdf
Social responsibility of business involves companies allocating resources to address social needs and problems. It becomes necessary for companies to create a positive image, comply with legal requirements, and respond to natural disasters. The document discusses how businesses have social responsibilities to various stakeholders like consumers, shareholders, communities, employees, governments, and the environment. It provides examples of social service activities undertaken by companies like infrastructure development, education support, health care, and skill enhancement programs. Barriers to social responsibility include the urge for profits, changing government policies, and focusing on internal issues.
Corporate social responsibility.pptx
Corporate social responsibility focuses on businesses having social obligations beyond profit-making. CSR requires management to consider the interests of all stakeholders. It involves businesses operating ethically and contributing to economic and social development. CSR benefits include improved public image, avoidance of government intervention, better access to capital and talent, and increased productivity and financial performance. Companies undertake CSR activities towards society, government, shareholders, employees, and consumers.
CSR.pptx
This PowerPoint presentation discusses the concept of corporate social responsibility (CSR). It defines CSR as the obligations of businesses to contribute resources to solving social problems and acting in a socially responsible manner. The presentation outlines the main constituents of CSR as contributing to sustainable economic development, social change, improving the social environment, and overall societal development. It identifies the types of CSR as responsibilities towards shareholders, employees, consumers, society, and the government. The presentation also categorizes CSR into economic, legal, ethical, and discretionary responsibilities and discusses arguments both for and against businesses taking on CSR.
CSR Session Role towards diff interest groups.pptx
Corporate social responsibility involves businesses behaving ethically and contributing to economic development and society. CSR means companies have social obligations beyond profit-making. It requires management to consider stakeholders. CSR benefits include better public image, avoiding government intervention, long-term business interests, and increased access to capital. CSR activities are aimed at consumers, the environment, human rights, and avoiding corruption. Companies have CSR duties to society, government, shareholders, employees, and consumers.
Similar to Social responsibility of management (20)
corporate social responsibility unit 4 mcom 1 sem.pptx
corporate social responsibility unit 4 mcom 1 sem.pptx
BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILTY-1.pdf
BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILTY-1.pdf
CSR Session Role towards diff interest groups.pptx
CSR Session Role towards diff interest groups.pptx
Social responsibility of management
- 1. Submitted by Nithya.c 2011-06-012
- 2. Presented by Nithya.c 2011-06-012
- 3. Business and society Business depends on society for • Money • Men • Skills • Markets
- 4. Social responsibility Obligation and commitment of managers to take steps for protecting and improving society’s welfare along with protecting their own interest
- 5. Social responsibilities of Business Employees Business Owner Government Customers Community
- 6. To owners • The business should be managed profitably • Fair and regular return on capital • Capital appreciation • Financial position of the business should be consolidated • Company should build its image and reputation in the market
- 7. To Employees • Fair selection,training and promotion • Fair wages and incentives • Safe and comfortable working conditions • Labour welfare schemes • Proper recognition,appreciation and encouragement of special skills • Installation of efficient grievance handling system
- 8. To Consumers • Supply goods at reasonable price • Provide after- sales service • Avoid creation of artificial scarcities • Not to give a false advertisement • Producing and distributing only quality goods • To ensure that the product supplied has no adverse effects
- 9. • Providing the same weight,composition etc of the product as marked on the package • Provide full information • To improve product distribution • To hear and redress genuine grievances of the customers • Understand customers needs and to satisfy them
- 10. To Community • Prevent environmental polllution and to preserve ecological balance • Assisting in overall development of the locality • Provide jobs • Promotion of small scale and ancillary industries • Promotion of education and literacy
- 11. To Government • Complying with all government regulations and legal requirements • Paying taxes honestly • Executing government contracts
- 12. • Making services of executives available for government • Working as a willing partner with government