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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21st century has proven to be an interesting period for businesses. With the invention of social media and the availability of information on-demand through the internet and mobile devices‚ businesses are constantly facing scrutiny from the public eye in regards to how they conduct themselves. Gone are the days of the 90’s when a business didn’t have to place much emphasis on their ethical responsibilities. Today however‚ a business must be very precise and careful in how it operates. Whether it
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A pair of “Air Jordans” cost Nike about $16 dollars to produce‚ which gives Nike a gross profit of $164 per pair‚ about 90%‚ before marketing expenses. Nike’s athletic shoes used to be manufactured in Massachusetts. However‚ now they’re all made overseas‚ largely from Indonesia‚ where workers earn $4 per day‚ barely enough to pay transportation‚ shelter‚ health care‚ and a decent meal‚ and they can only dream of buying a pair of Nikes for themselves. In this situation‚ is Nike being unethical? The
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TABLE OF CONTENTS Social Media; Professional Ethics and Responsibilities .................................................................................................. 3 References ......................................................................................................................................................................................... 4 Appendix A – Survey Questions ...........................................................................................
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JJT2 Social Responsibility Shannon Klein Main Hospital has proven itself to be a leader in health care in our community. We pride ourselves with providing the best care to all patients to better the health of our patients. We are also very concerned with ethics and our responsibility to our community. As health care providers we take an oath to do no harm but ethics goes beyond just how we care for our patients. We need to ensure that we are not only a leader in health care but also a responsible
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• Lecture 03: • Ethics & Social Responsibility Tutor: KW CHING kwching@ntu.edu.sg kwching@singnet.com.sg The environment creates uncertainty for managers Managers must respond and design adaptive organizations Uncertainty – managers do not have sufficient information about environmental factors to understand and predict environmental needs and changes 2 Management as an Integrating Activity Individuals – Organization – Environment Environment (Forces) Organization (Design ) Individuals
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Individual rights vs. Social responsibilities The most heinous of crimes are those committed against children. Society views these crimes as unacceptable and accepts the responsibility of ensuring the protection and safety of children from sexual predators. On the other hand even the most heinous criminals have rights. Jessica’s law ensures the social responsibility while civil rights of those convicted of crimes against children are ensured by civil rights organizations. Many of these organizations
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Arguments against Corporate Social Responsibilities. As we have seen there are a lot of advantages of using Corporate Social Responsibilities‚ however there are points of view that CSR makes negative affect on the company. We will try to explain main disadvantages about CSR below. Some companies are using CSR‚ only because they want to show the seriousness of the business and care about service or product that they produce‚ but in fact they not really carrying about the way the product come to
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Social Marketing Strategies Module 7 Reporter: Jhoana Charisa Cabrera-Acosta 1997-69547 DEVC 208 What is Strategy? A carefully devised plan of action to achieve a goal‚ or the art of developing or carrying out such a plan (Microsoft® Encarta® 2009) A careful plan or method (merriam-webster.com) A plan of action or policy designed to achieve a major or overall aim. (http://oxforddictionaries.com) Social Marketing • It is the use of marketing principles and techniques to influence
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Wal-Mart and Social Responsibility Everyone can recognize the yellow smiley face‚ paired with a promise of “everyday low prices”. One of the most recognized symbols along with Starbuck’s Siren logo and The McDonald’s Arches‚ Wal-Mart’s smiley face and promise has been directed towards American families who are on a budget. With 3‚700 stores in The United States‚ and employing over two million people‚ Wal-Mart is the largest private employer in the world (1). Because of all the influence Wal-Mart
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