What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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IFL- Responsibility- Marketing 520 Anna Turner May 9‚ 2014 Leadership roles require responsibility. Responsibility is defined in Merriam-Webster Collegiate Dictionary as something that should be done because it is morally right and legally required. ("Define Responsibility‚" ) Marketing management is the responsibility‚ not only to manage others‚ but to be creative in obtaining and sustaining customers and providing worth to the customer. (Kotler & Keller‚ 2012) Corporate responsibility is the
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Corporate social responsibility Social accounting‚ auditing‚ and reporting For a business to take responsibility for its actions‚ that business must be fully accountable. Social accounting‚ a concept describing the communication of social and environmental effects of a company’s economic actions to particular interest groups within society and to society at large‚ is thus an important element of CSR.[16] Social accounting emphasizes the notion of corporate accountability. D. Crowther defines social
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Personal Responsibility and How it Relates to College Success Keith L. Brown Sr. Gen/200 April 21‚ 2014 Priscilla Hinkle Personal Responsibility Essay Unless a student was the victim of a substandard school system or taught by a multitude of instructors that refused to do their job by properly instructing their students and holding them accountable‚ the student is solely‚ responsible for his educational success. By accepting and practicing personal responsibility‚ the student
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Monsanto’s pursuit in each of the four types of social responsibilities was economically ensure and secure employees employment for a company profitable and able to uphold its social responsibilities by inventing and investing in new products. Monsanto was one of the top three companies successful in multiple inventions such as the production of saccharin an artificial sweetener used by Coca-Cola company. Economic values used as strategy to enhance operations efficiency which focused on cost reduction
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Introduction This essay will begin by arguing that the responsibility to protect concept (hereafter R2P) is political in nature‚ not legal. The is mainly due to the lack of legal liability for the main body responsible for carrying out the duties of R2P‚ the Security Council‚ if it fails in those duties. Furthermore‚ the Security Council is not subject judicial review of actions that it does take. Critics of the concept argue that it can be used as a legitimate justification for states with imperialist
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Should Gap publicly report its social responsibility results in detail‚ even if every objective hasn’t been completely achieved? I believe Gap should publicly report its social responsibility results in detail because this provides important information to the stakeholders‚ such as what they want to change and when they are going to change. The when is crucial because Gap must be able to set realistic goals that works towards the social responsibilities. I would suggest Gap for reporting it publicly
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social responsibility’. Critically discuss this statement.” Corporate social responsibility is a significant issue in the current business environment. There is now a significant shift in businesses to become recognized as being socially responsible whilst achieving the primary business objective of profit maximization. Business now strive particularly to reach the triple bottom line as a key objective as it incorporates; people planet and profit objectives. Corporate social responsibility is often
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Chapter 1: Corporate Social Responsibility (CSR) • Definition o How the action and conduct of corporation affect society. Corporate have the duty to improve and protect society through the business. • Four Different Perspective o Economic Responsibility: Maximize profits. Fair pricing and quality products. Stakeholders in Corporation: Shareholders. Employee. Upper Management. Customer/Consumer. Vendors/Supplier. The key is to be able to balance and decide which
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social objectives. Henceforth‚ corporate social responsibility commits a significant role towards the sustainability of corporations. Both corporate social responsibilities and sustainability‚ and its related concepts influence all aspects of business. Chandler and Werther (2010) acknowledge the understanding of corporate social responsibilities as an aim to define the future of our society. However‚ the apprehension of corporate social responsibility determines the corporate governances. As the
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