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explain the concept of social responsibility; • discuss the need for social responsibility; • identify the social responsibility towards different interest groups; • analyse the relationship between business and environmental protection; and • define the concept of business ethics and state the elements of business ethics.
According to concept of Social Responsibility of business the objective of managers for taking decision related to business is not only to maximize profit or shareholder value but also to serve and protect the interest of other members of its society like consumer, worker and community as a whole.
The social responsibility of business organisations is getting increased attention in recent years, and a strong perception has developed among the business managers worldwide and that...
concept of corporate social responsibility (CSR). The “responsibility” component was originally an ethical concept that, when looking at the past, addresses the consequences of actions and, when looking at the future, addresses the responsibility for what is going to be done or must be done. It is, therefore, a good guide for understandin g SR.
Corporate social responsibility (CSR) is about how businesses align their values and behaviour with the expectations and needs of stake-holders—not just customers and investors, but also employees, sup-pliers, communities, regulators, special interest groups and society as a whole.
Part 1: An overview of corporate social responsibility 4 What is the business case for CSR? 9 Potential benefits of implementing a CSR approach 11 Real firms are reporting real benefits from CSR 13 What is the relationship between CSR and the law? 15 Part 2: Implementing corporate social responsibility 18 Task 1: Conduct a CSR assessment 22
explore the ideas of Corporate Social Responsibility and Business Ethics, to define their interactions and differences, and thus develop holistic understanding of the concept.
After reading this unit you should be able to: define the concept of Business Ethics; explain the need for Business Ethics; define Corporate Social Responsibility; discuss the benefits and drivers of Corporate Social Responsibility (CSR); and identify CSR initiatives by the companies.
This upper-level textbook offers an original and up-to-date introduction to issues in corporate social responsibility (CSR) from a global perspective. Written by an international team of experts, it guides students through key themes in CSR including strategy, communication, regulation and governance.
ISO 26000:2010, Guidance on social responsibility. This guidance document constitutes a stepping stone for organizations in both the public and pri-vate sectors who want to implement ISO 26000 as a means of achieving the benefits of operating in a socially responsible manner. development.