The social responsibility concept is based on the premise that business has greater impact on society than can be measured by profit or loss. As a participant in society‚ business should contribute to the human and constructive social policies that guide society. The concept of social responsibility is merely a first step towards social effectiveness of business. It is the underlying value which gives businessmen a sound basis for social action. It is the philosophy which justifies business involvement
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ACKNOWLEDGEMENT We would like to thank Mrs. M. V for giving us this opportunity to study the Social Responsibility in business. We would like to thank Mr. Rajesh Thomas (DGM - Compass Group Pvt. Ltd.) ‚ Mr. Senthil Kumar (Manager -Lovely Offset Printers Pvt. Ltd.) ‚ Mr. Ramachandran (Director – Kaushalya Aqua Marine Products Exports Pvt Ltd.) for their valuable time and their cooperation in sharing the necessary information. We would also like to thank the employees and customers of all the
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Social responsibility is a business imperative that targets continuous improvement in order to impact and adapt to the social and ecological sustainability of the community. Social responsibility is a goal of perfection that will never be completely achieved. (Duckworth‚ Moore 2010) Social responsibility is split up into two opposing views‚ the classical view‚ which states that managements only goal is to maximise profits‚ and the socioeconomic view‚ which states that managements social responsibility
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Service * Always an enjoyable trip * Friendly service from ready to assist team members * Fully stocked shelves and speedy checkout process * More for you money * Give you the best value every time you shop * Price matching * 5% saving when you use your REDcard * A fun and rewarding place to work * Growth and development of all team members * Building a team that does the right thing for the community‚ shareholders‚ and guest * Celebrating
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Critical Analytical The ways in which individuals take responsibility for themselves and others Responsibility is a very strong word. Holding yourself accountable for your actions and others at the same time is not an easy task. It may seem easy‚ less painful or less demanding to not take responsibility for yourself. It’s more comfortable but there’s always a price to pay. When you don’t take responsibility for yourself or others that are important to you‚ you are giving away your personal power
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Personal Responsibility Fred Johnson GEN/200 December 9‚ 2010 Teacher Name Personal Responsibility In today’s academic setting‚ teamwork is an important skill for students to learn. Students work together on learning teams‚ and complete team assignments. Deciding how to approach assignments is left completely up to the team. How will the team structure itself‚ how work will be divided‚ and who will lead‚ are important decisions a learning team must make. To be successful in
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L. Cox The Price Is Unfair! A Conceptual Framework of Price Fairness Perceptions Recent news coverage on pricing portrays the importance of price fairness. This article conceptually integrates the theoretical foundations of fairness perceptions and summarizes empirical findings on price fairness. The authors identify research issues and gaps in existing knowledge on buyers’ perceptions of price fairness. The article concludes with guidelines for managerial practice. he issue of price fairness has
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THE ETHICS OF PRICE GOUGING Matt Zwolinski Abstract: Price gouging occurs when‚ in the wake of an emergency‚ sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral‚ and most states have laws rendering the practice a civil or criminal offense. The purpose of this paper is to explore some of the philosophic issues surrounding price gouging‚ and to argue that the common moral condemnation
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“The social responsibility can be defined as the obligation of the organization to act in ways that serve both its own interests (making a profit) and the interests of its stakeholder.” (Sandy Millar‚ Christopher Theunissen‚ 2008‚ P69) Socially responsible organization takes action to ensure that their activities do not affect any of the stakeholders in a negative way. The McDonald’s is the leading global foodservice retailer with more than 30‚000 local restaurants serving 52 million people in more
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said that‚ "the price of freedom is eternal vigilance." To be a good citizen‚ you have to be vigilant and fulfill your responsibilities with utmost sincerity and honesty. A citizen is described as a person who is a member of a particular country. The citizen of a country has rights granted to him by the constitution. He/she also has to take responsibilities and perform duties expected of him/her. For e.g.‚ the US Citizenship and Immigration Services has laid down responsibilities of a citizen living
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