Professional Documents
Culture Documents
Social Responsibilities of Business
Social Responsibilities of Business
and ecosystem.
DEFINITION:
According to Keith davis,social responsibility is the obligation of the decision maker to take decisions which protect and improve the welfare of the society as a whole along with their own interest
Consumerism Trade
Cost
of social work Businessmen is not expert in social work Social responsibility is not legal responsibility Lack of social skill Misuse of responsibility
To
increase reputation of society Business legal obligation More public expectation from business Business has useful resource Better environment from business Coalition Creation of society Social impact Social power
Coalition Creation
Use
of national recourses More employment opportunities Protect the national environment Development of backward regions Corporate of government
Lack
of social skill Burden on consumer Misuse of responsibility Lack of yard stick Responsibility without power Already responsible
Responsibility
towards shareholders Responsibility towards Employees Responsibility towards Customers Responsibility towards Government
and complexities