Corporate Social Responsibility ( Csr )

1. In order to implement an organizations commitment to social responsibility it is necessary to identify what social problem the organization intends to address, develop policies on what the organization plans to do to successfully fulfill its obligation and ensure stakeholder buy-in. The main obstacles an organization faces when implementing socially responsible policies is pressure from stockholders and business analysis who want steady increase in earnings. Without steady increase in profits, it becomes difficult to reinvest money in these areas. The following actions can be taken toward increased social responsibility:

Social responsibility makes a company more competitive and reduces the risk of sudden damage to the company’s reputation and sales.

Social responsibility is generally regarded as a duty of an organization’s management towards the benefit and well-being of the society in which it is engaged. The organization must behave ethically considering the social, cultural, economic and environmental issues.

We make a living by what we get, but we make a life by what we give.” A quote from Winston Churchill that reflects social responsibility. Social responsibility requires you to put your best foot forward due to legal responsibility. It includes the idea that its superior to be driven by a problem rather than reactive. This includes eliminating anything that causes corruption, unethical and delinquent behavior that may bring a negative impact on the supporters around the environment or the community alone before any type of behavior takes place.

Social responsibility is an ethical framework which suggests that an organization or individual has an obligation to act for the benefit of society at large. Social responsibility is a duty every organization has to perform so as to maintain a balance between the economy and the environment

The social responsibility has lots of argument, and some economists, such as Milton Friedman, don’t support it because they said it will effect on the profit and revenue, and the money they spend it on the society most, invest it in other projects that have a value, and it will make some money for the firms. On the other hand, there are economists that support it, and they think when firms invest some money in the society and make it better, and it will appear on the firm’s performance, and here are some arguments for and against the social responsibility, and some examples about the social responsibility. The social responsibility is to take an action to demonstrate your ability to protect, and amend the welfare of the society and the interest

Social Responsibility; An organization's obligation to maximize its positive impact on stakeholders and minimize its negative impact.

Although companies must create a social benefit to be called social responsibility, society has also benefited from various services and actions ⑤(Gina -Marie,

Corporate Social Responsibility are actions taken by a corporation that have positive and lasting impact for all stakeholders associated with the organization, seeking to strike a balance between profits and helping to establish lasting investment in the community (Carrol, 2015). In the 1980’s, then President Reagan challenged the business community to take on more responsibility to address social problems (Carrol, 2015). Socially responsible actions can benefit local communities as well as the greater societal good.

Social responsibility is a construct of appropriate ethical behaviors, where two or more individuals, and corporations strive to provide better outcomes for the benefit of society as a whole. With such a set of meticulous structured frameworks in mind, it is fundamental to achieve a harmonious balance between the ecosystem and the developing economy. However, social responsibility is not always first and foremost on the mind of big name corporate companies – such as General Mills Inc.

I think Social responsibility has a key role in establishing a company’s business model. When operating a business, a company must contemplate the social responsibility behind their business when making their business model. Where do their responsibilities lie, what fits with their business plan, and how much investment can they really declare to their shareholders, that

Social responsibility is a duty every individual or organization has to perform so as to maintain a balance between the economy and the ecosystem.” (p. 31). As students, we need to do what we know is right for the class as a whole, not just what satisfies our needs. Sometimes it can be hard to see the whole picture when, we look just to benefit ourselves.

Social responsibility is built on a system of ethics, in which decisions and actions must be ethically validated before proceeding. If the action or decision causes harm to society or the environment then it would be considered to be socially irresponsible. Being socially responsible means that people and organization must behave ethically and sensitivity towards, social, cultural, economic, and environmental issues. Striving for social responsibility helps individuals, organization and government to have a positive impact on development, business and society. Often, the ethical implication of decision/action are overlooked for personal gain and the benefits are usually material. This frequently manifest itself in companies that

Social Responsibility can be “negative,” in that it is a responsibility to refrain from acting or it can be “positive,” meaning there is a responsibility to act. Being socially responsible not only requires participating in socially responsible activities like recycling, volunteering and mentoring, but to actually make it a lifestyle. “But does everyone on earth have an equal right to an equal share of its resources,” (Hardin 365). Only through a commitment to embrace and embed social responsibility into people’s personal value and belief system can people truly become socially responsible in

CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.