Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. See our Privacy Policy and User Agreement for details. No public clipboards found for this slide. Society began to expect companies Social responsibility is an ethical or ideological theory that an entity whether it is a government, corporation, organization or individual has a responsibility to society. They should provide a clean, safe working environment. Treat your customers as kings and do not think of them only when you have a pressure to meet your targets within the stipulated time frame.. (ii) Deals with moral issues: Companies have specific policies and programmes to look after interests of the employees and other stakeholders. Shareholders are the owners of the business. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Employees are said to be the true assets of an organization. They invest capital … Better Public Image: Each firm must enhance its public image to secure more customers, better employees and higher profit. See our User Agreement and Privacy Policy. A Presentation by R.K.Sahoo 14 August 2012 1 2. If you continue browsing the site, you agree to the use of cookies on this website. Clipping is a handy way to collect important slides you want to go back to later. Lets discuss in detail about the social responsibilities of an organization towards … An organization is nothing without its employees. Though both business and non-business organisations should be responsible towards society, the focus is more on business firms to look after social interests. While primarily associated with business and governmental practices, activist groups and local communities can also be associated … You can change your ad preferences anytime. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. CORPORATE SOCIAL RESPONSIBILITY 1. Economic responsibilities:The first criterion of social responsibility is economic responsibility. Social responsibility. If you continue browsing the site, you agree to the use of cookies on this website. Discover Business Benefits of CSR In a way, corporate social responsibility can be seen as a public relations effort. Issues relating to business ethics and corporate social responsibility are most commonly found in the operations and marketing functions. What is GOOD vs. What is Bad! Organizations can build employees’ self-worth VINAYAKAN V Social responsibility of business towards different sections of society .Reasons for the development of social responsibility concept,Arguments against social … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. See our Privacy Policy and User Agreement for details. This study examines the meanings and values attached to CSR within the Australian resource sector where various interests shape the implementation of CSR programs. Social responsibility of business 1. Its responsibility is to produce goods and services that a It is sometimes argued by economists as well as by business men accused of neglecting the public interest, that the business of business is just business. Corporate Social Responsibility, the role of stakeholders and the information gap Focus on CSR projects in Developing Countries Student: Ellys Randon Registration number: 871008680100 Supervisors: Dr. … Corporate Social Responsibility Perspectives of Corporate Social Responsibility … - W.Fredick Social Responsibility has been defined by Andrews “By social … 1.Shareholders 2.Workers 3.Customers 4.creditors,suppliers STAKEHOLDERS 5.Government 6.Society/Environment 5. The study was based on in-depth interviews with industry … Acceptance of social responsibility goals lead 1. Stakeholders are individuals or groups to whom business has a responsibility. Social Responsibility of Business: Arguments for Social Responsibility: The issue of social responsibility is a complex one since it deals with an institution that is at the heart of society. CSR and stakeholder theory both highlight the significance of conducting business operations by taking into consideration the larger societal benefits. Business Ethics and Social Responsibility an oxymoron?!?! International Journal in Economics and Business Administration Volume IV, Issue 1, 2016 pp. View CSR.ppt from MARKETING 117 at Great Lakes Institute Of Management. Social responsibility assumes the existence of stakeholders, individuals or groups of individuals who have a … Social responsibility is an ethical or ideological theory that an entity whether it is a government, corporation, organization or individual has a responsibility to society. 39 - 55 The Challenges of Corporate Social Responsibility Assessment Methodologies Giannarakis Grigoris1 Abstract: Corporate No public clipboards found for this slide, Student at Pragati College Chowbey Colony. Now customize the name of a clipboard to store your clips. CORPORATE RESPONSIBILITY TOWARDS CONSUMER STAKEHOLDERS By: Amit Kumar (B07005) Avadhut Kaluskar (B07011) Dhananjay Joshi (B07015) Indraneel Mukherjee (B07021) – A … These stakeholders have interests in the different aspects of the business, thereby requiring a multi-pronged corporate social responsibility strategy. Now customize the name of a clipboard to store your clips. it will helpfull for all kind of students Much more than documents. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 4 1. Businesses are responsible to employees. Let us go through some social responsibilities of an organization towards its customers. Looks like you’ve clipped this slide to already. Social responsibility of business enterprises to the various stakeholders and society in general is considered to be the result of a social Fig. The Corporate Social Responsibility Initiatives On Coca Cola Business Essay Huirao Rong B135151 Introduction Traditionally, in order to fulfill the goal of a firm, the company should maximize the value for its stockholders. In addition to the legal and political responsibilities, the business has to take … If you continue browsing the site, you agree to the use of cookies on this website. SOCIAL RESPONSIBILITY OF BUSINESS GROUP : 3 2. See our User Agreement and Privacy Policy. The demands for “social responsibility” have provoked enthusiastic discussion and debate on what new roles, if any, business firms should play in the social system. If you continue browsing the site, you agree to the use of cookies on this website. However, it goes beyond that, as corporate social responsibility can also boost a firm’s competitiveness. ROLL NO 43 Social Responsibility of Business 2. ICM PARASSINIKADAVU. The business institution is, above all, the basic economic unit of society. Responsibility of Business Enterprises towards Stakeholders and Society in General “It takes 20 years to build a reputati You just clipped your first slide! behaviour of business and the treatment of stakeholders Code of Ethics: – A free PowerPoint PPT … Corporate Social Responsibility in India - India Briefing News Corporate Social Responsibility (CSR) is an evolving concept that reflects various views and approaches regarding corporate relationships with broader society. Social Responsibility implies that business man should oversee the operation of an economic system that fulfils the expectations of the public. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Stakeholders and Corporate Social Responsibility History Sparked by the labor movement, the concept of Corporate Social Responsibility (CSR) has only been in existence since the 1950’s. SOCIAL RESPONSIBILITY OF BUSINESS 1. Stakeholder Relationships, Social Responsibility, and Corporate Governance - C H A P T E R 2 Stakeholder Relationships, Social Responsibility, and Corporate Governance Chapter Objectives To identify stakeholders roles in Title: Social Responsibility and Business Ethics 1 Social Responsibility and Business Ethics Introduction to Business Mrs. Jurecka 2 Social Responsibility The obligation of a business to contribute to the well-being of a community. The Great Recession of the late 2000s should have made one thing abundantly clear: The way we have been encouraged to think about For example, the company’s CSR strategy must include initiatives for investors You can change your ad preferences anytime. All those who Businesses employ a vast majority of the workforce in India and are in control of vast human and financial resources. recognize the interrelatedness of business and society. Still, there are similarities between the two concepts. Clipping is a handy way to collect important slides you want to go back to later. Responsibility towards Investors. The business Social responsibility action groups have replaced trade unions in their ability to deal with issues relating to individual worker rights. Implies that business man should oversee the operation of an organization Andrews “ by social an... Your LinkedIn profile and activity data to personalize ads and to provide you with relevant advertising the name of clipboard. 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