GSR 101-3F F- 11am-2pm
Question number 8 :
Do you think an organization should adhere to different philosophies of corporate social responsibilities when confronted with different issues, or should its philosophy always remain the same? Explain.
Answer : YES ! An organization should adhere to different philosophies of corporate responsibility when it comes to the different issues of the company because from the word itself different issues, it means that the company should not only focus on one philosophy, instead they should gather some information and knowledge for them to overcome and solve the issues about what might going to happen in their company.
PHILOSOPHY OF CSR by Geoffrey Klempner
The CSR bandwagon is rolling. Why should you get on board?
First of all, what is CSR?
CSR, or corporate social responsibility is not a term of the philosopher's art. You won't find it in any text book of ethics or political philosophy. It is one of those slippery terms, heavily infected with spin and PR, which have gained currency largely outside academic debate.
Because of these negative associations, some companies now avoid its use. Shell, to take a notable example, talk simply of 'corporate responsibility'. I prefer to retain the term because it expresses three key ideas: the idea of ethical responsibility, the idea that corporations as well as individuals can be held responsible, and the idea of obligations towards society at large.
The term 'corporate social responsibility' was originally coined in the 1930s by Harvard professors A.A. Berle and C.G. Means. Although this historical fact is a clue to its meaning, the term has undergone a number of shifts in usage since then.
The Wall Street Crash of 1929