Preview

Bobobboy

Good Essays
Open Document
Open Document
511 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bobobboy
Definition
Corporate Social responsibility is the responsibility of an organization that their decisions and activities affect on its society and environment with ethical behavior and transparent. Ethical behavior that is consistent with sustainable development and the welfare of society takes into account the expectations of stakeholders.
(http://knowledge.sagepub.com.libraryproxy.griffith.edu.au/view/greenbusiness/n33.xml) .
For Corporate Social responsibility, there are four types:
Economic Responsibilities
This is the responsibilities that offering services or product to customers with a fair price.
Legal Responsibilities
The responsibilities to abide by the law, which is determined by society about what is right or wrong
Ethical Responsibilities
The Responsibilities to do the right and fair decision without the law forcing you to do it.
Philanthropic Responsibilities
The responsibilities to invest money back into the society to upgrade and to provide a better living for the people in the society.
These are the types of Corporate Social Responsibilities and organization will determine which type they will use according to their organization aims. http://search.proquest.com.libraryproxy.griffith.edu.au/docview/1019442816 With Corporate Social responsibility, company can show to the public that they care about the earth and they want to be a part of the group to help the earth environment which then can create a good image of the company and to increase its reputation in the society.
Benefit
And nowadays more and more business are working on their Corporate Social responsibility. Also many people are now starting a green life. Saving the earth and do less damage to the earth. Business start caring is not only because it helps to improve the environment. But also because what it can bring to the company such as things like trustworthy from the society. And also it can help the company to build up its reputation. With benefit of Corporate Social

You May Also Find These Documents Helpful

  • Powerful Essays

    Home Depot Mission Statement

    • 4262 Words
    • 18 Pages

    Corporate Social Responsibility is a business plan and sometimes refers as corporate responsibility. This business model describes the social responsibility of corporations towards the society and environment. Corporate Social Responsibility concept has been used by many businesses as it encourages community growth and development. In addition, it allows a number of corporations to voluntarily reduce harmful activities in the society.…

    • 4262 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Corporate social responsibility (CSR) is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.…

    • 949 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Corporate Social Responsibility is the obligation towards society of a corporation and it reflects a corporation’s social duties and its results of business success. All the corporation’s policies and practices will reflect the responsibility towards helping society. As an example, Boeing Corporation has developed a program named Global Corporate Citizenship. This program consists of three elements: Products and Services, Business Practices and Community Engagement. This program carries out the corporation’s social responsibility by partnering with environment, health, safety, ethics, government operations and human resources to channel all of the corporation’s available resources for a greater impact in…

    • 1192 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    In the other hand companies have to limit the excess damage on the environment, and help people in the economic development this is a way of behaving ethically in a business, cooperate with loyal spirit, ethical values, global measures and develop a general positive impact of the business on the society. when a company choose to be socially responsible they better be prepared to go through some difficulties and critics about the way they operate, and the goals they want to achieve and must not forget the main purpose of the business which is making profit,…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Bhp Billiton

    • 1093 Words
    • 5 Pages

    The community contribution BHP Billiton made can be considered as a part of the company's social responsibility and the sustainability for the society community.Corporate social responsibility is a form of corporate self-regulation integrated into a business model.The goal of corporate social responsibility is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.Corporate social responsibility is now paid great attention around the world and becoming more and more important for business.…

    • 1093 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Fiji Water Case Study

    • 2209 Words
    • 9 Pages

    A corporation that says it is socially responsible, claims that they are concerned for society's welfare; which also includes the environment, because now days, we are a lot more concerned about our environment and how everything affect it. The corporation will make sure to insure those values within the company and also to its partners. ("Social responsibility in Marketing," 2012 - 1998) Also, if a corporation says it is ethically responsible and it really is, it shows to their customers and partners their integrity and empathy; which are characteristics that we all seek in a company. If the company is ethical and socially responsible, people will want to buy from it, and other companies will want to partner with it. (Lawhorne, 2011)…

    • 2209 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Individual Project

    • 642 Words
    • 3 Pages

    There are many reasons why Social Responsibility is important to any company that is built on ongoing success. “Good things do happen to good people”. (Taylor, 2010). Corporate Social Responsibility can make ALL the difference to a company’s competitive position. Initiatives such as pro-bono work, philanthropy, support for community-building initiatives and environmental awareness can add significant value to your company, and if the program is well designed, the benefits far outweigh the costs.…

    • 642 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Corporate social responsibility is recognized as business activities that affect the community, and the impact of these activities in the community (Pride et.al.2008). This is important for businesses to connect with their community in order to create customer loyalty and to gain new customers. Customers often choose where to do their business with businesses that choose to be responsible. Therefore, being socially responsible is a good business practice.…

    • 1334 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Groundhog

    • 339 Words
    • 2 Pages

    Corporate social responsibility is defined as the responsibility that businesses have to the societies within which they operate. The European Commission defines CSR as “a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment.” The idea behind corporate social responsibility is that companies have multiple responsibilities to maintain. These responsibilities can be arranged in a pyramid, with basic responsibilities closer to the bottom. As a business meets lower-level responsibilities that obligate it to shareholders and the law, it can move on to the higher level responsibilities that benefit society.…

    • 339 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Gay Marriage

    • 281 Words
    • 2 Pages

    is about how companies manage the business processes to produce an overall positive impact on society. Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Busin

    • 2022 Words
    • 9 Pages

    According to Patrick Murphy (2009) responsibility is a key principle of business ethics which implies a moral obligation to act. The word act is used as a verb and means to “do something.” Murphy points out that one is to not only act but to act in a certain way based on the persons extent of the freedom they have, meaning the bigger the space of freedom the bigger the obligation or responsibility one has. So, the higher up in an organization one is, the bigger the responsibility they have (Murphy, 2009). Several types of responsibility are addressed by Murphy: legal, corporate, managerial, social, consumer, and societal. More has been discussed in the past several years about social responsibility. The term “corporate social responsibility” also known as CSR, was defined by the Commission of European Communities as: a concept whereby companies integrate social and environmental concerns in their business…

    • 2022 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Ethics paper

    • 652 Words
    • 3 Pages

    According to (Pearce, & Robinson, 2013, p. 52) “Corporate social responsibility is the idea that a business has a duty to serve society in general as well as the financial interests of its stakeholders.”(Pearce, & Robinson, 2013, p. 52)…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Social responsibility is about the global companies behind the global brands responsiveness towards the society, be it negativve or positive. Consumers expect firms to be engaged in society by actively supporting the well-being of the society.…

    • 529 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Also, social responsibility may play a part in the maximization of shareholder wealth. If the public perceives a corporation as being socially responsible they may become more loyal customers. Knowing that a local corporation has taken steps toward pollution control would make me much more likely…

    • 417 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Lord Holme and Richard Watts from The World Business Council for Sustainable Development in its publication Making Good Business Sense defined Corporate Social Responsibilty as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large (Corporate Social Responsibilty 2004).…

    • 783 Words
    • 4 Pages
    Good Essays