Corporate Social Responsibility

The four components of corporate social responsibility are Economic responsibilities by being profitable to the company, Legal responsibilities by obeying the law or playing by the rule, Ethical responsibilities by being ethical in carrying business and Philanthropic responsibilities by being a good corporate citizen and also by improving the quality and standard of living of the community and society. Economic performance is important as the foundation of

On night shifts at my job, I am the only registered nurse with two LPNs and five CNAs. I am responsible for the first floor unit, which is where I am assigned to work every night with anywhere from 20 to 35 patients, and I am also responsible to respond to the second floor when they need an RN to be present. In my unit, I am responsible for doing med pass, assessments whenever necessary, transfer patients out, put out calls to the doctors, and delegation to the rest of the team. Sometimes if we are short on the staff, I have to adjust staffing. Working in the staff is very stressful to everyone, which is where communication comes to be very important. “Communication, a key to successful teamwork, is a complex process that should never be ignored.

The Business Dictionary defines social responsibility as, " A company's sense of responsibility toward the

The success of a company will depend on the principles of moral and ethical behaviors in society. Social media platforms such as Facebook, Twitter, and Reddit are making it more difficult for companies to get away with unethical behavior. In the future companies that will remain profitable have to look at putting profit on equal levels with people and social responsibility. Benefit Corporation (B Corporation) is a corporate form designed specifically for that kind of entities. It encourages innovative ways to bring humanity back into business and redefine what it means to be successful (Lam,

A corporate company has social responsibilities that affect the public and their business is society’s

Ernest Hemingway was born in Oak Park, Illinois, a very conservative upper-middle-class suburb of Chicago. At the age of 19, Hemingway served as a volunteer ambulance driver for the Italian Red Cross in World War I. During his time in Europe Hemingway suffered from a serious injury caused by an exploding mortar shell, and after returning home his parents didn’t realize the psychological trauma. Facing such trauma he wrote two novels, A Farewell to Arms in 1929 and Soldier’s Home. Eventually, he started working for the Toronto Star Weekly and became the correspondent for the journal company. Hemingway’s reputation began to grow as a journalist and as an author of fiction. However, Hemingway’s use of clear objectivity and the sustained intensity in his stories, and their concentration on action in the present moment, always points to a failure to project a novel in terms of the same method, yet a resort to any other method would have let down the reader's expectations. It is a relief to find that "The Sun Also Rises" maintains the same

The games industry has become a very competitive industry in terms of jobs and of course the tier of and time spent by gamers on building a decent gaming profile. Games have become imbedded in the lives of huge portion of the population in more economically developed countries and game like GTA have been accused of misleading and brainwashing consumers of the game. For example GTA San Andreas caused outrage with its hot coffee modification that was accidently left in the coding of the game, Rock Star gaming was fined and forced to change their age rating there were psychological implication on consumers who may have been under the age rating as the age limit wasn’t severely enforced in all shops, this means there were

Corporate social responsibility is an adjusted methodology for organizations to address monetary, social and natural issues in a manner that plans to profit individuals, groups and society. Morals are complex and interactional ideas and beliefs and are an origination of good and bad conduct, characterizing for us when our activities are good and when they are improper. Business morals, then again, is the application of general moral thoughts to business conduct (Fernando, 2013). For any organization to set up they must be socially responsible and follow the business ethics and these are the minimum qualities they must possess in order to progress further in addition to other many other things and this is where the clash begins. The organizations come into dilemma whether they could fulfill social responsibilities and do business at the same time. At this point, Code of conduct and corporate governance principles that were set by government bodies should be followed by the organization in order to do business being socially responsible. Codes of ethics are

The legal responsibility of an organization is to abide by all laws and regulations. The expectation is for the business to follow and obey not only the explicit version of the law but its intended purpose. The corporation’s ethical responsibility is to conduct business and act in accordance with ethical and moral values even when not required by law. The philanthropic responsibility refers to an organization’s obligation to contribute to the betterment of society through its “generosity towards the community” where it resides (Metivier & Matteson, 2015).

“Corporate social responsibility is the idea that a business has a duty to serve society in general as well as the financial interest of its stockholders (Pearce, J., Robinson. R).”

A corporate company has social responsibilities that affect the public and their business is society’s

Corporate responsibility is a phrase heavily used in the business world. Often mentioned to enhance the image of an organization, corporate responsibility does have a true meaning. Businesses that use energy efficient lighting and

However, it is not always easy to create similar hard-and-fast definitions of good ethical practice. A company must make a competitive return for its shareholders and treat its employees fairly. A company also has wider responsibilities. It should minimize any harm to the environment and work in ways that do not damage the communities in which it operates. This is known as corporate social responsibility.

Legal responsibility is shown by being a law-abiding, upstanding, and moral business. The expectation is that a company operates well within the boundaries of legal issues, not walking the fence of breaking the law. An unlawful company is one that does not deserve to be in business.

The first approach to corporate level social responsibility is Corporate Social Responsibility (CSR). CSR consists four obligations. First and basic obligation of a company is making profit in other words its economic obligation. It is essential for a company to make profit to continue its operations. Second obligation of a company is its legal responsibilities to society. CSR states that even if a company can bypass legal constrains, for example a company can violate laws because profit is greater than legal penalty, and it should not do so. According to CSR legal constraints are not a simple income-outcome calculation they are corporates obligations to social and natural environment. Third obligation of a company is ethical