StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Social Responsibility in Business - Research Paper Example

Cite this document
Summary
Over the past years, corporate social responsibility has transformed from an innate control of private businesses into a quite popular business model. Corporate social responsibility has long ceased to be just a mechanism of self-operated control that companies implement within…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Social Responsibility in Business
Read Text Preview

Extract of sample "Social Responsibility in Business"

Download file to see previous pages

Generally, a company that takes corporate social responsibility is profitable, and the overall benefits of doing it overweight that of the disadvantages. The key notion in corporate social responsibility is being responsible when it comes to the society a company operates within. Nowadays, human civilization faces multidimensional problems that are impossible to ignore by communities and governments. There is a growing concern in the society of a great number of burning issues that are global in scope.

Environmental problems, such as climate change and air pollution, and social issues, such as poverty and soaring level of unemployment, have become persistent trends all over the world. That is why customers tend to pay more to the companies that share these concerns and display a forward-thinking mindset. Today more and more companies are engaging in corporate social responsibility by creating or participating in initiatives that are good to the society and benefit communities (Aramian, 2009).

The awareness of social and environmental problems is constantly growing among the people. Both national and local governments all over the globe tend to defer to public demands and push through stricter environmental and social standards, which is another reason why engaging in corporate social responsibility has become increasingly beneficial for companies. The policy of companies that implies consistent and effective self-regulation ensuring compliance with ethical standards and requirements of law is advantageous in many ways.

But one of the main reasons for implementation of self-discipline practices and use of corporate social responsibility strategy is that it might help companies avoid unnecessary government intervention in business. For instance, the issue of environmental pollution is a brilliant illustration for this thesis. In order to avoid government intervention, an

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Social Responsibility in Business Research Paper”, n.d.)
Social Responsibility in Business Research Paper. Retrieved from https://studentshare.org/humanitarian/1684682-social-responsibility-in-business
(Social Responsibility in Business Research Paper)
Social Responsibility in Business Research Paper. https://studentshare.org/humanitarian/1684682-social-responsibility-in-business.
“Social Responsibility in Business Research Paper”, n.d. https://studentshare.org/humanitarian/1684682-social-responsibility-in-business.
  • Cited: 0 times

CHECK THESE SAMPLES OF Social Responsibility in Business

Corporate Social Responsibility in Business Activity

hellip; Corporate social responsibility (CSR) has evolved as a significant activity for businesses, both nationally as well as internationally.... CSR has been recognized as that responsibility of business houses that are relevant for acting in a socially responsible way.... The concept of CSR is linked to the process of business decision making related to ethical values, respect for people, legal compliance, environment, and community.... CSR is that aspect of the business which induces a company for going further than it is demanded by law....
20 Pages (5000 words) Essay

Social Responsibility in Business

Owning my own Name Institution Social Responsibility in Business gets referred to as corporate social responsibility.... Social Responsibility in Business aims at making a company compliant with set ethical and international standards, as well as the law.... The integration of Social Responsibility in Business ensures that a company takes responsibility of its actions.... Social Responsibility in Business also ensures that the company has a positive impact on its customers, stockholders, community, employees and the environment....
3 Pages (750 words) Assignment

Definition of Social Responsibility in Business

This coursework "Definition of Social Responsibility in Business" aims to explain responsible business by analyzing the concepts related to the term.... Another concept that is similar to responsible business is corporate social responsibility (CSR), which refers to the analysis of an organization's duties and how its actions degrade or uplifts the community in which it operates (Kotler & Lee, 2011).... hellip; The concept of ethical business will be explained using a real-life example from a business that shows the perfect application of ethical business practices....
8 Pages (2000 words) Coursework

Synthesis and Evaluation

hilosophically, Friedman (1970) is very objectivist as he argues that the only reason that businessmen would Social Responsibility in Business al affiliation Social Responsibility in Business The major intend of setting up a business is to make proceeds.... On a different note, however, while Kotler & Zaltman (1971) believe in the promising future of Social Responsibility in Business, Freidman (1970) holds that businessmen who talk about social responsibility are puppets of social stratification....
2 Pages (500 words) Essay

Importance of Social Responsibility in Organization Development

This paper focuses on the importance of Social Responsibility in Business or organization growth.... From the paper "Importance of social responsibility in Organization Development" it is clear that corporate social responsibility contributes to improved economic performance, increased potential to attract and maintain employees, boost brand image, improved sales, and customer allegiance.... hellip; It is essential to note that corporate social responsibility towards its stakeholders and society to ensure they also thrive together with the organization....
1 Pages (250 words) Essay

Corporate Social Responsibility in Business

The writer of the current essay attempts to represent a discussion regarding the several questions about the corporate social responsibility and the business strategies.... hellip; Is it possible to successfully inculcate corporate social responsibility into firm strategy convincingly?... Is Corporate social responsibility a realistic possibility that takes place in company or is it a public relations gimmick for “window dressing”....
3 Pages (750 words) Essay

Analysis of the Dangers of Social Responsibility Article by Levitt

The article explores the debate on Social Responsibility in Business entities involving upholding social responsibility in businesses, the main goal of making profits as portrayed by selfish, money-oriented businesspersons, and the dangers associated with social responsibility.... Article Summary: The Dangers of Social Responsibility al Affiliation) Article Summary: The Dangers of Social ResponsibilitySynopsisThe article explores the debate on Social Responsibility in Business entities involving upholding social responsibility in businesses, the main goal of making profits as portrayed by selfish, money-oriented businesspersons, and the dangers associated with social responsibility....
2 Pages (500 words) Essay

The Role of Corporate Social Responsibility in Business and Community Development

The paper "The Role of Corporate Social Responsibility in Business and Community Development" summarizes economic, social, cultural, legal and technological factors explaining the International firms' interest in CSR issues.... nbsp;… Scholars have noted various reasons, which explain the International firms' interests in corporate social responsibility (CSR) and corporate governance in the countries they work in.... The paper addresses some questions on corporate social responsibility with illustration from Unilever Company....
10 Pages (2500 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us