The Defination and Example of Approaches to Social Responsibility

Every day businesses are faced with making decisions that can have far reaching effects within their organization and the communities in which their business are based. Company Q is one of these businesses. Recent decisions made within this company have demonstrated a trend that would suggest Company Q has a negative attitude toward social responsibility. This attitude can be evidenced by the closing of two stores in high-crime rate areas because they were consistently losing money, offering minimal amounts of health-conscious and organic foods despite high demand, and declining donations of day-old products rather than donating these items to the local area’s food bank due to concerns of fraud and stealing by employees.

Corporate Social Responsibility is an important term that few know of. This term stands for everything that’s moral, from using less harmful chemicals in their products to protecting the rights of the workers and the society we live in. However, some companies do not live by this word. This, coupled with the massive amount of consumers buying their products, can cause a multitude of problems not only for the company workers, but to the world itself. As such, companies should become more aware of their effects on the world around them and change their moral responsibilities to treat their workers more humanely, protect the lives of the people in their towns, cities and countries and save the environment from further destruction and pollution.

Another challenge for companies when considering social responsibility is the possible negative perception of shareholders. Historically, publicly-owned companies had a primary focus of maximizing shareholder value. Now, they must balance the financial expectations of company owners with the social and environmental

Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.

When an organization partakes in “proactive behavior…for the benefit of society,” it is deemed as socially responsible (P. 155). However, prior to labeling a organization as socially responsible, it is important that we first identify what specific elements of proactive behavior constitute a socially responsible business. To begin, for an organization to be considered socially responsible on the highest level, it must take a proactive approach to doing business. This is defined as “[taking a] approach to social responsibility in which an organization goes beyond industry norms to solve and prevent problems” (P.155). In addition, it is standard for a socially responsible organization to incorporate a larger scope of stakeholders, to include external stakeholders, in their business decisions to create positive externalities, and mitigate negative ones, to benefit society as a whole.

Blind obedience is when a person carries out an order even if it goes against their moral values or codes. Prejudice is an unjust attitude towards an individual solely based on their membership of a social group. Both of these issues were present in Abu Ghraib Prison (Iraq). They occurred when American soldiers commit terrible act upon Iraqi prisoners staying there. The soldiers claimed they were merely following orders, but scepticisms have been made about whether it was blind obedience or prejudice that made them commit the acts. There are 2 main theories that help to explain what blind obedience and prejudice are, and why they occur.

Corporate outreach is vital to an organization. Implementing one would give the company an edge to promote its culture, mission, and values to the community. An ethical company will also attract other businesses such as investors, potential employees, students and customers. When a manager chose not to participate in social responsibility for financial reasons, the establishment may stand alone. The leaders and workers may remain unknown to the community. It will be wise for a company to introduce itself the moment a foundation erected. It a stamp and a way to market without spending. Corporate outreach is giving back to the society. Moreover, such promote development and growth for both parties. The bottom line ethical decision help to

In this paper I am going to discuss and explain my opinion on why a company Q is or is not socially responsible in the following areas company Q close a couple of stores in high crime areas, company Q started offering a very limited health conscious an organic products, company Q was approached by the local food bank for donations of day old food and company Q declined the donation request from the food bank and started throwing the food away, and company Q suspected possible fraud among its employees.

Some of the different ways of corporate giving include in-kind contributions this where companies donate some of their products to the

When deciding what will benefit society, we evaluate if our actions are ethical or unethical. If the action is ethical, we would be considered socially responsible. Likewise, if the action is deemed unethical, then we would be considered socially irresponsible. A company that is focused on good ethics would be a company with strong social responsibility.

The attitude that Company Q represents by their current actions do not display social responsibility to

Corporate social responsibility is not going to solve the world’s problems. With that being said, corporate social responsibility is a way for companies to benefit themselves while also benefiting society. It allows companies to take small steps to make big differences in areas of need. Some may say that it is a bunch of “greenwashing” – the deceptive use of green marketing that promotes a misleading perception that a company’s policies, practices, products or services are environmentally friendly – but there is a call to action that inspires a company to get involved in the community (Kewalramani, Sobelsohn).

Company Q is a grocery store located in a high traffic area. As a company they are socially responsible when it makes them money. Company Q was socially responsible when it came to giving the customers what they wanted, in this instance it was organic food. As a company they knew that they could make money off the customers buying higher end food. However Company Q wasn't socially responsible when they were asked to donate the day old food to the food bank. They wouldn't be gaining any money from this, they would be loosing money. The money that they spent to either buy this or make the product would be gone. Overall I would say that Company Q is not a socially responsible company. You can't be socially responsible only when it is a convenient

Organization’s commitment to social responsibility takes the form of policies or pronouncements on what the organization intends to do to address its social impact in the community where it operates, which includes its stakeholders, suppliers and the general public. As such, a key requirement in implementing an organization’s commitment to social responsibility is the buy-in from the board and the top executives which make the policies, and the support of the middle-management and employees which will implement the policies. To do this, the board and top executives must understand the firm’s effects as an organization, and everyone else must have a clear grasp of the direction where it is going. Implementation involves the

In other words, serving a social need doesn't necessarily mean the company is giving money to nonprofits that feed the homeless; it means the company invests in the future by innovating products and services that meet social needs and also happen to be profitable. Companies