Exercising Social Responsibility

Lawrence, Anne (2010). Business and Society: Stakeholders, Ethics, Public Policy. 13th Edition. McGraw-Hill Learning Solutions, 2010. VitalBook file. Bookshelf.

or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.

I am tasked is to evaluate Company Q’s current attitude toward social responsibility and recommend three actions that Company Q could take to improve their attitude toward social responsibility. In evaluating Company Q’s attitude towards social responsibility there are a couple of examples that displays the company’s lack of social responsibility awareness. Company Q closed a couple of stores in higher-crime-rate areas with a claim that the stores are consistently losing money. The issue here is that closing these stores can create the perception that Company Q does not care about customers in these areas. In addition, after years of their customers requesting they start offering health-conscience and organic products, the company went

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.

These companies have a legal obligation to follow all the laws set by the environmental authorities, federal state or the local government. Green energy is one of the major ways that the organizations are using to minimize the impact on the environment by reducing waste or minimizing the use of fossil fuels.

6. Is it "unethical" or at least socially irresponsible for a company to avoid conducting its business in a manner in an environmentally sustainable manner? Why or why not?

Corporate ethics and social responsibility work together. Corporations must show concern for the welfare of both their owners and society. Corporations must commit to maintaining integrity, fairness, and respect. However, even well-intentioned activities of businesses can end up not doing any good at all. Listen to this audio clip located in this week’s Electronic Reserve Readings to see how. Describe the challenges one business faced in the audio clip. Explain in what ways the good intentions of this business turned out to be not so good.

plan for all company operations the company isn’t just being socially responsible in this area due

* Evaluate the likelihood of traditional corporations using social responsibility as an effective competitive strategy. Specify at least one (1) way that a company with which you are familiar can use (or has used)

In this paper by Schaltegger and Burritt (2015) explored links between different ethical motivations and kinds of corporate social responsibility (CSR) activities to distinguish between different types of business cases about sustainability. Their qualitative study found evidence that some firms, despite energy cost as an insignificant part of their business costs as a driving factor to meet employees’ values. Schaltegger and Buritt (2015) analyzed the relationship between moral motivations, underlying ethical positions, and related sustainability management activities to distinguish four kinds of business cases: (a) reactionary, (b) reputational, (c) responsible, and (d) collaborative. After reviewing

A lot of businesses find that a very efficient way to keep their customers is by acting in a socially responsible way.. A company can be socially responsible in a variety of ways such as using resources that won’t hurt the environment or the consumers, and giving a portion of their proceeds to a foundation. An example of a socially responsible company is Burt’s Bees. Burt’s Bees has gone above and beyond to promote socially responsibility not only by providing natural products and assuring customers that no harm was done to the animals involved but by sponsoring and donating to foundations that have the same want for world-wide well being.

All consumers should make every effort to make ethical purchases. This involves evaluating their morals and values in order to make sound decisions on their purchases. This also includes setting priorities and examining what is really important to the consumer. If a consumer cares about the wrongdoings of employees and expresses their concerns through purchases, then companies who do the right things would gain a large share of the market. However, consumers cannot change the world or fix social injustices totally through their purchases, some things are never seen by the consumer because companies have become great at hiding the unethical parts of business. Sometimes consumers have to make tough decisions because a sustainable brand may be too expensive and be a lower quality than other less sustainable brands.

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

Businesses that are socially irresponsible are companies that hurt the environment and live damage in towns and communities.They don’t realize problems till it’s a really problem and it affects the company. Here are some infromation about two companies that are socially irresponsible.