Social Responsibilities of Business

What are the social responsibilities of a business to its community? The social responsibility of a business is to become a major part of its surrounding community. It is an employer of local people and should encourage their involvement in community activities along with the well being of its members. The company should strive to do business in an ethical way. Always making business decisions based on fairness, values, and its own code of ethics. This will enable employees to be proud of where they work and what they do for the growth of their community.
What are the social responsibilities of a business to the larger world? If a business is doing its part in the local community it will thus touch a much broader spectrum in a positive way. The community will support the business helping it to grow and possibly branch out. The business will continue to run in a ethically but now effecting a larger number of people. This can be its suppliers, customers, or the general public. Who determines those responsibilities? The business world along with current sanctions and laws. If a business is not socially responsible it will eventually be exposed. How is business doing today with being socially responsible? I believe that businesses as a whole could do better. We should always strive to be and do better. I am sure that there are many businesses that should be commended. Unfortunately most of what is covered by the media seems to be mostly negative. The perceptions is that the general population would rather here about what others are doing wrong. Supposedly in an attempt to feel better about themselves.

What Is the Social Responsibility of a Company?
While the primary goal of most businesses is monetary gain, a company has a social responsibility to its employees and community. This means that the company's goals should be ethical. Its treatment of employees must fall within the parameters of the law. Once a company gains a reputation for unethical practices, its