what is social responsibility view?
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Social responsibility is an ethical framework and suggests that an individual, has an obligation to act for the benefit of society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems.
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Student social responsibility mainly focuses on taking responsibility for one's own actions. ... These responsibilities are ethically binding and propose that each person acts in such a way that minimizes the adverse effect to those immediately around them.
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What is Social Responsibility in Business? Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.
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Introduction: Corporate social responsibility is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis. ... To examine the corporate social responsibility in the light of environment protection.
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A framework for understanding corporate social responsibility. Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders. CSR is a concept with many definitions and practices.
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The Social Responsibility And Good Governance Business Essay. ... According to Robinson and Dowson (2011), the social responsibility is described as an ethical or ideological theory in which an entity that can be an individual or an organisation has a responsibility of acting on behalf of the society.
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Corporate Social Responsibility (CSR) is an organization's obligation to consider the interests of their customers, employees, shareholders, communities, and the ecology and to consider the social and environmental consequences of their business activities.
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Social responsibility in business and ethics in the workplace is lead by the social and ethics committee, which must clearly understand that it is the social conscience of the business and is responsible to ensure that the company behaves responsibly, socially, commercially and environmentally.
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DEFINITION OF CSR “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 workplace and their families as well as of the local community and society at large”.
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Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.
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They define corporate social responsibility as "continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large (World Business Council, 1998)."
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It is a concept whereby companies voluntarily integrate social and environmental concerns in their business operations and in their interactions with their stakeholders. Corporate social responsibility has evolved into a way of corporate life and has become a part of any corporate performance review.
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The major areas of social responsibility of business are as follows: Responsibility towards shareholders or owners: A business enterprise has the responsibility to provide a fair return to the shareholders or owners on their capital investment and to ensure the safety of such investment.
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Socioeconomic view is the view that management's social responsibility goes beyond making profits and includes protecting and improving society's welfare.
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Corporate responsibility is sometimes known as corporate social responsibility. It is defined as the responsibility of an organisation for the impacts of its decisions on society and the environment above and beyond its legal obligations, through transparent and ethical behaviour.
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Corporate Social Responsibility (CSR) is a management strategy in which companies voluntarily take into account the social and environmental aspects and consequences of their activity. The basic idea of CSR is ethical and responsible conduct towards all stakeholders while respecting the environment at the same time.
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The main difference between social responsibility and social responsiveness is that social responsibility is the ethical/moral obligation/duty of an individual or an entity towards the society whereas social responsiveness is the manner in which an individual or an entity responds to a social need.