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Social Responsobility

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16 views12 pages

Social Responsobility

Uploaded by

sambasares29
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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SOCIAL

RESPONSOBILITY
Organization
and
Management

?
SOCIAL RESPONSIBILITY
Refers to the ethical obligation of
individuals, organizations, or societies to
act for the benefit of society at large. It
involves making decisions and taking
actions that contribute positively to the
welfare of the community and the
environment, often beyond just financial or
legal requirements.
TWO OPPOSING VIEWS OF SOCIAL
RESPONSIBILITY

1. CLASSICAL VIEW - is the view that


management’s only social responsibility is to
maximize profits.

Example: Producing more goods or products to


earn more profit to owners.
TWO OPPOSING VIEWS OF SOCIAL
RESPONSIBILITY

2. SOCIOECONOMIC VIEW - is the view that


management’s social responsibility goes beyond
the making of profits to include protecting and
improving society’s welfare.

Example: Environment, People in community,


Employee benefit
SOCIAL OBLIGATIONS TO
RESPONSIVENESS TO RESPONSIBILITY

1. Social obligation occurs when a firm engages


in social actions because of its obligation to
meet certain economic and legal
responsibilities.

Example: Tobacco companies include health


warnings on cigarette packs required by the
law.
SOCIAL OBLIGATIONS TO
RESPONSIVENESS TO RESPONSIBILITY

2. Social responsiveness - is seen when a firm


engages in social actions in response to some
popular social need.

Example: Treating employees fairly


SOCIAL OBLIGATIONS TO
RESPONSIVENESS TO RESPONSIBILITY

Social responsibility is a business’s intention,


beyond its legal and economic obligations, to do
the right things and act in ways that are good for
society.

Examples: Charity work, Involve in volunteer


work, fair trade products, environment
responsibility
THE GREENING OF
MANAGEMENT
A number of highly visible ecological problems and
environmental disasters brought about a new spirit of
environmentalism. Recognizing the close link
between an organization’s decisions and activities
and its impact on the natural environment.

Example: Exxon Valdez oil spill and mercury


poisoning in Japan
VALUES-BASED
MANAGEMENT
is an approach to managing in which managers are guided by the
organization’s shared values in their managem ent practices.

Purposes of Shared Values are:


They act as guideposts for managerial decisions and actions.
Shared values serve to shape employee behavior and to communicate
what the organization expects of its members.
 Shared corporate values can influence an organization’s marketing
efforts.
 Shared values are a way to build team spirit in organizations.
CONCLUSION

Social responsibility is about contributing to


the well-being of society, often through
ethical behavior. Environmental
stewardship, and community engagement.
It’s a key concept in promoting sustainable
and inclusive growth in business and
society.

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