Communal Social Responsibility

In: Business and Management

Submitted By sprit44
Words 1706
Pages 7
Communal Social Responsibility
ETH-316
September 2012
University of Phoenix

Communal Social Responsibility
Social responsibility manifests itself in many forms. Volunteerism, monetary donations, and environmental initiatives are examples of activities any person in the community can participate. Corporations that operate within the boundaries of a community, referred to as a Corporate Social Responsibility, or CSR. The decisions that a company makes ultimately has an effect on the community and society as a whole; defining the term ‘Corporate Social Responsibility,’ (CSR). As Basil (2009) noted, “Corporations are increasingly being held responsible for the social impact of their organizational priorities,” (p. 387). Furthermore, as Revathy (2012) indicates: “As a part of society, it is in business’ interest to contribute to addressing common problems. Strategically speaking, business can only flourish when the communities and ecosystems in which they operate are healthy,” (Para. 1). With this type of focus on how a company acts on a social level, leadership at larger companies is taking notice and making CSR part of the strategic vision. “Company support for employee volunteerism, (CSEV) benefits companies, employees, and society while helping companies meet the expectations of corporate social responsibility,” (Basil, 2009, p. 387). Several companies can show their effort in different ways and with different programs. Three companies in our community of Tucson, who have chosen to be a part of corporate social responsibility efforts is Intuit, Wal-Mart, and Citi Group.
Businesses must maintain a good relationship with the community in which they operate. Intuit, Inc. operates a major call center in the Tucson community. Part of Intuit’s corporate strategy is rooted in being a good corporate citizen. Intuit offers its employees 32 hours per year to…...

Similar Documents

Social Responsibility

...SOCIAL RESPONSIBILITY: WHY IT’S THE RIGHT THING TO DO “Being socially responsible means that people and organizations must behave ethically and with sensitivity toward social, cultural, economic and environmental issues. Striving for social responsibility helps individuals, organizations and governments have a positive impact on development, business and society with a positive contribution to bottom-line results,” (http://www.imasocialentrepreneur.com/social-responsibility/). In layman’s terms, corporations have a responsibility to serve the community while providing goods and services and making a profit. Business Law author Henry Cheeseman identifies the four theories of social responsibility as: a) maximizing profits, b) moral minimum, c) stakeholder interest, and d) corporate citizenship. In order to comply with social responsibility standards, all requirements must be met. Unfortunately, not all business owners feel obligated to be fully socially responsible. T.J. Rodgers, founder and CEO of Cypress Semiconductor, is one who does not. His primary interests are in maximizing profits and stakeholder interests. Whole Foods CEO John Mackey, on the other hand, fully grasps the idea of and practices all aspects of social responsibility. There are legitimate arguments for and against businesses performing social responsibility activities. The strongest argument in support of social responsibility is that because businesses have such a profound impact on their......

Words: 1568 - Pages: 7

Social Responsibility

...Scenario: You are tasked with developing a social responsibility strategy for a client. This is an important assignment as business organizations both large and small, domestically and internationally, address issues of sustainability and social responsibility. To be sure, 21st century business practices will demand nothing less from companies seeking to add to their triple bottom line (people, planet, profit). The strategy you develop should include a focus on environmental considerations, sustainable business practices, ethical decision making on the part of the leadership who will implement your plan, and should also be in compliance with all government regulations that affect the industry. For this task, you will select your client from your actual place of employment, a local small business, or a well-known public company. Task: Develop a social responsibility strategy for your chosen client which includes the following components: 1. Environmental considerations and recommendations 2. Ethical leadership considerations and recommendations 3. Sustainability considerations and recommendations 4. Legal and regulatory considerations and recommendations Note: This may be a strategy for the company's current product line or service and current business objectives, or it may be a strategy that recommends a new direction for the company. Step 1: The company I work for is an iron foundry. The company makes cast iron parts for other industries. This involves industrial...

Words: 668 - Pages: 3

Social Responsibility

...Social Responsibility and the Community NFL's Involvement and Responsibility to the Community NFL Play 60 is a campaign designed to tackle childhood obesity. Introduced in October 2007, by the National Football League, NFL Play 60’s goal is to make the next generation of youth more active and healthy by encouraging young fans to be active for at least 60 minutes every day. The NFL has dedicated over $200 million to the health and wellness of children, while also implementing in school, after school and team based programs to get children excited about being active. Childhood obesity is a national epidemic. The current generation of children is projected to be the first generation not to live longer than its parents. Only 8 percent of elementary schools provide daily physical education which has led to 33 percent of children in America being obese or at risk to be obese. NFL players from around the league have donated their time and money to encourage kids to get active. Cam Newton of the Carolina Panthers just recently did a commercial promoting the campaign as well. Players from the Washington Redskins, Baltimore Ravens, and Miami Dolphins also supported NFL Play 60 by participating in the Annual Easter Egg Roll at the White House. The players taught children that attended football skills and did some football drills with them as well. Factors that Influence the NFL's Social Responsibility A variety of factors, including education, health, and......

Words: 997 - Pages: 4

Social Responsibility

...however, social responsibility looks outside of profits and determines the effects on all stakeholders including customers, environment, and society. In addition, the strategic decision should also be based on the code of ethics set forth by the organization. Furthermore, when determining the development of a strategic plan, the organization may either use the views of Milton Friedman or Archie Carroll (Wheelen, 2010). Two Views of Social Responsibility Milton Friedman and Archie Carroll have two opposing opinions of social responsibility. Both opinions evaluate the effect a company invests in the environment or society to the effect of the shareholders dividends and investments. Milton Freidman suggests that the main view of the organization is to make money for the organization’s shareholders. Freidman views by investing in trivial projects that helps the environment and society, the company is taking away money owed to its shareholders. In addition, Freidman argues by not investing in society responsibility, the company can keep the prices on its products and services to a minimum which will result in more business transactions. Archie Carroll’s view is the opposite. Carroll suggests when an organization invests in society responsibility it will build a positive reputation within the society. This will encourage new or repeat consumers to the organization and result in profit for the shareholders (Wheelen, 2010). Carroll describes the four responsibilities......

Words: 1047 - Pages: 5

Social Responsibility

...Corporate Social Responsibility (CSR) is defined as “the implied, enforced, or felt obligation of the managers, acting in their interests of groups other than themselves”. CSR is looking at more than just company shareholders interest; rather it takes the good of the society as a whole into consideration (Mondy 33). CSR is evolving to include sustainability, which is defined as “meeting the needs of the present without compromising the ability of future generations to meet their own needs” (qtd. in Werbach 8). The two terms will be used interchangeably throughout this paper, to illustrate the overall concept of companies acting in a responsible way rather than only looking out for the best interest of their company and shareholders. CSR is going above and beyond current laws and industry standards, it’s about looking at what practices the organization can do to improve the lives of their employees and the community in addition to focusing on the bottom line. Often times when people talk about CSR or sustainability they are referring to protecting the environment or adopting green practices; although that is part of it, it goes far beyond just looking at ways to conserve the environment. In his book Talent, Transformation, and the Triple Bottom Line, Andrew Savitz explains that social and economic sustainability are just as important as environmental sustainability. More organizations are looking at the so-called Triple Bottom Line – “a set of yardsticks that measures a...

Words: 1469 - Pages: 6

Social Responsibility

...has been in an accident, and I don't know who to turn to. Can you come?" was IJz's frantic question. "Yes,I'm on my way," Lael responded. When Lael got to the hospital, she found . -- 54 Part t Understanding Ethical Dedsion Making Chapter 3 Applying Morall'hilosophies to Business Ethics 55 that Janeen's injuri~s were fairly serious and that Questions - Exercises Liz woul '4JIOJddllyau3q-lsoo I asn pul atdo>d JO '3qwnu Isal..,6 a41 JOJ p006Isal..J6 a41 JOJ ~OOIsUI~~1II1O 'Sa). '£ "S"'"PU"IS 100141aaU!WJalap 01 wa41 punOJI aso41 PUI saAiaswa411e ~OOISU!'!lllaM 'Sa).'~ 'ws!06a S,II'U 'ON . L SM3MSNV :,'.j- I =-- 72 Part 1 Understanding "Ethical Decision Making Chapter 4 Sodal Responsibility 73 I While Myron was working on the betel nut, David, Myron's boss, also wanted him to work on the introduction of khat (pronounced "cot") into Asia. Khat Is a natural stimulant from a plant grown Myron had just graduated from West in East Africa and southern Arabia. Fresh khat leaves, Coast University with both chemistry' which are typically chewed like tobacco, produce pharmacy and business degrees and was excited to work for Producto In- a mild cocaIne- or amphetamine-like euphoria, which, however, is much less intense than that ternational (PO. Myron loved the opportunity to discover medicinal products around the world. His produced by either of these substances, with no wife, Quan, was also enthusiastic about her job......

Words: 3040 - Pages: 13

Social Responsibility

...Part A Overall, Company Q has a very negative attitude toward social responsibility. Part of social responsibility is having a positive interaction between a company and the community in which it operates. Company A did not have a positive interaction in the city because they closed several of their stores. A socially responsible company is aware of, and positively acts on the concerns of its consumers and the environment. The company does not seem very disturbed with the concerns and the requests of its customers. It took them years to respond to the customers’ requests for healthier options and organic products. When the store finally did bring in these much requested food items, they were very limited and were very expensive. A socially responsible company cares about the way that it influences and affects the people it deals with on a daily bases. In the case of Company Q being asked to donate day-old food to a local food bank, it denied their request. A socially responsible company is not completely concerned with maximizing their profits, but they understand that the people they serve are just as important as making a profit. The company thought that they would lose revenue due to the possibility that their employees might steal food under the guise of them donating it, and therefore the company decided to not donate any food to the food bank. Part B When a company improves its social responsibility, it will not only benefit the community and the people it......

Words: 777 - Pages: 4

Social Responsibility

...Social Responsibility 4/2014 JJT2 task 1 Social Responsibility Corporate Social Responsibility (CSR) is an organization holding itself accountable for the impact of its decisions and activities on society, the environment and, it’s own prosperity. Otherwise known as the triple bottom line of people, planet and profit (Lawrence & Weber, 2010). CSR is whatever a company does to give back to the community in which there is presence. Sometimes this involves grants, volunteerism or sponsorships. Other times, a company will chose to demonstrate its CSR by a commitment to clean energy or other commendable cause. J.D. Rockefeller stated the when a business gives back to the community, the company honors a tradition of giving to the people which makes continued success possible (Barker, 2014). The areas to be considered for a company developing CSR are the environment, ethics, organizational viability and legal considerations. The business of Protective Coatings will be reviewed in these areas and recommendations will be given to help the business in their efforts to be socially responsible. A1. Environmental Considerations and Recommendations Protective Coatings is a small independently owned business involved with applying protective coatings for a large variety of businesses whose applications reach into the industrial, private and public sectors. It is necessary for Protective Coatings to integrate environmental concerns into their business’s economic plan in order to...

Words: 2063 - Pages: 9

Social Responsibility

...RUNNING HEAD: SOCIAL RESPONSIBILITY OF BUSINESS Social Responsibility of Business MGM365-1003B-11: The Legal and Ethical Environment of Business Professor Carolyn James September 21, 2010 Social Responsibility of Business The moral philosophies an individual believes generally influence how they judge certain situations or differentiate between what can be viewed as ethical and what can be viewed as unethical behavior. The different approaches that one may take to make moral judgments are based on the philosophical dimensions of idealism and relativism. Idealism is when individuals make judgments with public welfare in mind while relativism is when people reject universal norms when making judgments. Idealists believe that individuals should act in accordance to moral principles. Strongly idealistic people believe situations should always conclude with desirable consequences and that harming people should be avoided. On the other hand, highly relativistic people reject universal rules or laws and believe there are no moral absolutes and that the individual, situation, time, and place create the moral action (Cuizon, 2009). As once stated by Supreme Court Justice Potter Stewart "There is a big difference between what we have the right to do and what is right (Hitt, 2008)." Moral and legal behavior is not always identical but in some instances there are parallels that may be drawn that cause confusion between legal and moral acts (Sufrin, 1983). The belief......

Words: 722 - Pages: 3

Social Responsibility

...Social Responsibility Social Responsibility Social responsibility is an ethical framework which suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. Social responsibility is a duty that every individual has to perform in order to maintain a balance between the economy and the ecosystem. Similar to business ethics this moral obligation is a good practice that demonstrates global awareness, reduce buyer’s remorse, and builds rapport for strong lifetime partnerships. Social responsibilities are a cross cultural platform that can be both positive and negative, adversely affecting people, planet, and profits. (Forbes 2015). People Socially responsible individuals are demanding companies and organizations to become more socially responsible at home and in the workplace. For instance, employees are warned of images that they portray, post that they write on social media sites, and pictures that they post may jeopardize their career if they are perceived as inappropriate. Some say it is a violation of freedom of speech but one can agree that we are all responsible for our own actions. Individual social responsibility is about an individual becoming responsible in their actions that have effect on communities outside their immediate circle. This responsibility includes active engagement towards the community where you live and active participation in solving local problems. People have......

Words: 886 - Pages: 4

Social Responsibility

...Company Q: Social Responsibility Social responsibility is critical to an organization’s future. An organization should focus on having a positive image and reduce any negative impacts on stakeholders. A socially responsible company will maintain a good reputation with all of their stakeholders. Social responsibility follows several guidelines; ensuring profitability, maintains a legal structure, abides by ethical standards, and engages in philanthropy. Company Q does not engage in a very positive social responsibility. The company had two of their grocery stores located in areas with high crime rates. Because of this, they eventually had to close down both of the stores, resulting in a decrease in profits and disappointed loyal customers in the area. Company Q also lost out on profits when they decided to put a limited amount of their new healthy and organic items on the shelves. Although the new items were high margin, they did not benefit the company because there was only a limited amount being offered to customers. As far as philanthropy, Company Q does not provide donations to the local food bank in order to avoid possible fraud or theft from their employees, causing them to lose out on a good public image. If fraud or theft occurs in the company, it goes against the legal structure that the company is required to have. Based on the fact that the company is worried about legal issues which prevent them from making donations, it is clear that the company lacks......

Words: 632 - Pages: 3

Social Responsibility

...Being Socially Responsible means that people and organisations must behave ethically and with sensitivity toward social, cultural, economic and environmental issues. Striving for social responsibility helps individuals, organisations and governments have a positive impact on development, business and society with a positive contribution to bottom-line results. Individual Social Responsibility (ISR) to achieve Corporate Social Responsibility (CSP) ISP may appear to be a new concept in relation to CSP, but it is a concept as old as The Golden Rule — Do unto others as you would have them do unto you. ISR expands on this by promoting a proactive stance towards positively influencing and affecting the people and environments outside your immediate circle. ISR is at the roots of CSR, because a corporate comprises of individuals and hence determines the social responsibility culture it creates. This is the intermingled relationship between CSR and ISR. Individuals are becoming more socially responsible and, in response to this Corporations and Companies need to become more socially responsible to meet consumer demand. The International Organisation for Standardisation (ISO) states: “In the wake of increasing globalisation, we have become increasingly conscious not only of what we buy, but also how the goods and services we buy have been produced. Environmentally harmful production, child labor, dangerous working environments and other inhumane conditions are examples of issues......

Words: 1190 - Pages: 5

Social Responsibility

...Social Responsibility Review of Company X When reviewing Company X’s business plans I noticed they are lacking in community loyalty and can see room for improvement when it comes to social responsibility. Company currently has an attitude of what’s in it for me? Or in this case what’s in it for Company X? They haven’t thought of their social responsibility to the local community. The first area I will address is products that are being offered and ideas on how to work with the community. The concern here is the company is only worried about the small amount of profit being made selling these products. Not the customer satisfaction that comes from carrying health conscience foods. The next thing that I think is very important to change would be to rethink donating day old food. This is very concerning that Company X can’t take a little extra time to donate day old food and give back to the company is unacceptable. They need to give back as much as possible to the local community that gives them business. Finally I would like to explore the idea of reopening the stores in the high crime areas with a plan to involve the local neighbors and try to show them our support. Company X’s decision to close these stores was a move to only better the company and hurt is community by decreasing employment. There have been multiple requests for the last few years from customers who would like to see health conscience and organic products to be sold in the stores. Company X has stocked a...

Words: 649 - Pages: 3

Social Responsibility

...Social Responsibility Views on Corporate Social Responsibility Abstract This dissertation examines R. Edward Freeman and Milton Freidman perspectives surrounding corporate social responsibility by summarizing their respective articles titled: “Stakeholder Theory and The Corporate Objective Revisited” and “The Social Responsibility of Business is to Increase its Profits”. By examining their articles, I will provide a personal opinion of which of their economic models should be the leading model when it comes to business and corporate social responsibility. Summary of Articles Author R. Edward Freeman’s article “Stakeholder Theory and The Corporate Objective Revisited,” emphasized a response to a piece put out by Sundaram and Inkpen titled “The Corporate Objective Revisited” by clarifying misconceptions about stakeholder theory and concluding that truth and freedom are best served by seeing business and ethics as connected (Freeman, Wicks, & Parmar, 2004). Freeman supports the above statement by providing the following three main critiques: 1) the mischaracterization of stakeholder theory; 2) the primacy of creating value for stakeholders, and; 3) the real issues of economic and political freedom (Freeman, Wicks, & Parmar, 2004). In response to social responsibility, Freeman clarifies that stakeholder theory claims that no matter what the ultimate mission of the corporations or any form of business activity, managers and owners must take into account the......

Words: 984 - Pages: 4

Social Responsibility

...Social Responsibility What is Social Responsibility? Social responsibility is the obligation of an organization’s management to an organization’s management to make decisions and take actions that will enhance the welfare and interests of the society in which it operates. Social responsibility and the issues it comprises are always changing. During the early 1970s, emphasis in socially responsible firms was on anti-poverty issues. In the late 1970s, focus was on human rights and social injustice. In the 1990s, the social responsibility issues changed again and the focus has been on environmental protection, drug problems and social injustice. Being sensitive to the things around them and performing ethically is what a socially responsible body does. How Can an Individual Be Socially Responsible? An individual can be socially responsible by engaging in activities that are geared towards the improvements of the community where he or she is residing. It can be simple as showing an interest towards what’s happening in the community, as well as being an active participate in solving local problems and concerns. Often times being socially responsible can be done in little ways such as avoiding harmful acts or doing things that will benefit other people. Some individuals choose to get involved in recycling projects, which helps the environments as a whole. Some individuals choose to make monetary donations to local churches, shelters, schools or hospitals. Another......

Words: 1004 - Pages: 5

Das Geheimnis der Sahara | 1×01 ITA | Fortune Quest OVA Episode 4 English Subbed