Responsibility is being able to acknowledge and recognize that an outcome happened because of a choice. Responsibility is also accepting accountability for a particular choice. Once a person learns self-control‚ and can take blame rather than place blame‚ he or she can become a happy and successful person. Usually‚ everyone is capable of being responsible for his or her choices. As much as we might often see responsibility as a burden‚ it is one of the most important character traits in life
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Social responsibility is defined as the organizations obligation to maximize their positive impact on stakeholders‚ and to minimize their negative impact on stakeholders. Social responsibility embodies what is fair as well as represents stakeholder’s rights. Companies have the social responsibility to be profitable‚ to obey the law‚ to be ethical‚ and to be philanthropic. For example‚ social responsibility has a strong relationship with profitability because if a company’s image or conduct is questionable
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Corporate Social Responsibility versus Profit Maximization Introduction Nowadays‚ many large multinational corporations which occupy increasing shares in the market and high statues in the society are usually powerful in having both positive and negative effects on the public to a great extent. As a consequence‚ today‚ the concept of Corporate Social Responsibilities (CSR) draws much more public attention. Social responsibility goes beyond profit making and social obligation. CSR is a business
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choose to work with OPTION2 Dynamic Corporate Social Responsibility: Apple‚ Inc. Marcello Montrone INTRODUCTION The social psychologist Kurt Lewin (1890-1947)‚ once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This doesn’t state that practice is not important as well. Therefore using a good balance between theory and practice can help to save cost and
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Corporate Social Responsibility Hashim Rizwan 250631955 MOS 3353 550 Bill Iwrin Corporate social responsibility can simply be identified as a duty‚ which is not a legal obligation lately‚ under very much consideration by every multinationals‚ as well as the growing firm. The ongoing concern is meant to increase the awareness between the business Individuals‚ to implement and draw line which should clearly indicates that what social obligation an organization has towards the
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The Controversy of Homosexuality 12/23/2012 Outline: I. “I now pronounce you husband and husband”‚ when many people hear this statement whether in real life or in movies‚ it brings about many different opinions and reactions. Same sex marriage is still a controversial issue‚ and it’s questionable in many societies‚ in fact it is acceptable in very few communities in the world. People who oppose gay marriage are actually opposing unethical behavior that goes against many beliefs and different
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Corporate social responsibility (CSR) is an increasingly important issue for all businesses around the world. CSR covers economic‚ legal‚ ethical‚ and philanthropic responsibilities of firms. Explain the factors that may motivate an MNE to adopt CSR in its international business strategy and operations. How might the country context influence the types of CSR initiatives undertaken? Support your answer with real world examples or cases. While corporate social responsibility (CSR) has existed for
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relevant to CSR‚ such as labor‚ environmental protection and social welfare‚ is in place‚ there are many problems with compliance‚ such as difficulty with enforcement‚ frequent changes to the content of laws and regulations‚ and interpretation of laws being left up to regional governments. As solving those problems will strengthen corporations’ international competitiveness‚ achieve sustainable economic growth and increase corporate value‚ every company as well as the Chinese government is taking
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Corporate Social Responsibility (CSR): Bangladesh Perspectives Corporate means formed into an association and endowed by law with the rights and liabilities of an individual. Social responsibility is an ethical ideology or theory that an entity‚ be it an organization or individual‚ has an obligation to act to benefit society- at- large. This responsibility can be passive‚ by avoiding engaging in socially harmful acts‚ or active‚ by performing activities that directly advance social goals. To
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One of the most controversial issues that has been widely debated over the last two decades is the corporate social responsibility of organizations. Opinions about business’s social responsibilities lie mainly between two extremes. At the one extreme is the classical view that states business is an economic institution directed towards profit whose only responsibility to society is to provide goods and services and to return maximum benefits to shareholders (Robbins‚ Bergman‚ Stagg and Coulter‚ 2003:
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