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An act of social responsibility that has influenced my life is the recycling of waste done by the waste-management department the area where I live. This not only reduces waste but also helps save money and resources. Having been raised in such an environment, this act of government has influenced me in a very positive way since I tend to produce minimal waste. The motivation behind it reflects my personal value of building a safe environment to promote better health of the society as well as other living beings. Social responsibility, as the name implies, is the responsibility of an agency, organization, individual, or entity toward the society for its prosperity, development, and well-being. An act of social responsibility that government can take is allowing religious freedom to people. “[R]eligious values are healthy for society, and that restoring them is the key to overcoming our current moral and social problems” (Wilson, 1991). Another example that supports my definition of social responsibility is that doing something for others also enriches the life of the contributor (Loeb, 2010, p.
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The author basically focuses on the issues in which the business affects the society. It is also referred to as ‘social justice’, under it the people, societies and culture are accounted for, they are protected through various social programs such as native lands, predatory lending and other forms of corporate hoarding.
Corporate Social Responsibility (Name) (Institution) (Course) (Tutor) (Date) Introduction Corporate social responsibility has been used globally in relation to specific situations. One common definition for CSR is that it is a concept that entails companies integrating both social and environmental concerns in their business operations, over and above, interaction with other stake holders on a voluntary basis.1 Social responsibility means environment, relations with stakeholders and investing more in human capital.
Toyota has placed it its primary objective to develop a social policy that bases its parameters on diversity, responsibility and equality for its major contribution on social and economic development of the society.
The superposition of individual attributes to corporate entities is enquired about at length. A test theory is derived for the concept of Corporate Social Responsibility using understanding about the natures of different types of organizations. The question about the characteristics of a socially responsible organization is addressed using the CSR theories of Geoffrey P. Lantos.
The traditional business model mainly emphasized on the economic aspect of the organization and accordingly designed the activities. However, the recent scandals have put the trust of the stakeholders of the company at stake, which is augmenting the interest of the organizations to focus towards CSR.
Aristotle argues that an individual’s character plays a great role in determining his moral responsibility. A person must be able to identify the correct rule, and ensure that he follows it accordingly. He defines one who identifies
or sustainable development, it implies a situation whereby a firm combines its economic goals with the responsibility for the social and ecological impacts those goals have on the environment. Among scholars and researchers in business management, there are both critics and
However, with promoting the Corporate Social Responsibility (CSR) concept locally and globally, it becomes very essential to understand about entrepreneurs’ in business opinions about the concept, and this is because they implement it. The global market scenario is
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