Question

In: Other

Briefly explain the causes of growing concerns for a social responsibility.

Business and society are interrelated. Briefly explain the causes of growing concerns for a social responsibility.

Solutions

Expert Solution

Public opinion. Public opinion and the threat of public regulation or public
ownership has compelled them to recognize that responsible
behavior is essential for the survival of private enterprise.
 Trade union movement. Increasing strength or organized labour has forced businesses to give a fair deal to workers. Human relations and labour legislation have held trade unions in this respect. There is growingrecognition on human factor in business.
Consumerism. The establishment of consumer organizations and growing
consciousness on the part of consumers about their rights has made
business more responsible to their needs and desires.
Consumer’s sovereignty is being stressed upon through the dictator, “consumer is the king”
Education. The spread of education has led businessmen to be more concerned the quality of life, moral values and social standards.
Public relation. Modern businessmen know that their survival and growth depends on a good public image. In order to improve their image in the
public mind they give great important to public opinion.


Public opinions, union trade movements, consumerism, education, and public relation. 

Related Solutions

Briefly state and explain the case for a corporate social responsibility of a business.
Briefly state and explain the case for a corporate social responsibility of a business.
What are some ethical and social responsibility concerns accounting systems bring up? List and explain.
What are some ethical and social responsibility concerns accounting systems bring up? List and explain.
Explain corporate social responsibility and why some CEOs of large corporations are engaging in social responsibility...
Explain corporate social responsibility and why some CEOs of large corporations are engaging in social responsibility regardless of the ethical outcomes?
There has been growing pressure on businesses to assume greater social responsibility in recent years. Choose...
There has been growing pressure on businesses to assume greater social responsibility in recent years. Choose one current social or environmental issue. What do you think are the desirable roles of businesses and governments in relation to the issue? Which of the tasks related to the issue should be handled by governments and which by businesses, and why? Do you think that superimposing non-economic goals on businesses and expecting them to assume responsibilities traditionally held by governments are desirable? Chosen...
Explain the distinctions of business ethics and business social responsibility
Explain the distinctions of business ethics and business social responsibility
Explain current trends in business ethics and social responsibility. Explain how social media and marketing exposure...
Explain current trends in business ethics and social responsibility. Explain how social media and marketing exposure have impacted existing digital ethics and social responsibility policies. Think of globalization as you prepare your response. Include examples from a company outside the United States. Discuss how you would incorporate business ethics and social responsibility into research that you conduct within your specialization. Recommend ethical standards as though you were running the organization.
Does the concept of social responsibility have a role in finance? Briefly, describe its role in...
Does the concept of social responsibility have a role in finance? Briefly, describe its role in your own words.
Does the concept of social responsibility have a role in finance? Briefly, describe its role in...
Does the concept of social responsibility have a role in finance? Briefly, describe its role in your own words.
corporate social responsibility
corporate social responsibility
Explain the following criteria on the basis of Corporate Social Responsibility . Name of company is...
Explain the following criteria on the basis of Corporate Social Responsibility . Name of company is Apple Project Focus: ➢ Vision, Mission, Values and Culture ➢ Corporate Social Responsibility ➢ CSR Designated Recipients ➢ Strategic Stakeholders ➢ Transparency, Accountability, Ethics, Integrity ➢ Corporate Sustainability ➢ Corporate Citizenship ➢ Triple Bottom Line – Economic, Ethical and Environmental ➢ International Business/Marketing Importance, Scopes and Business Goals ➢ International Marketing Environment - PESTEL ➢ Major Obstacles ➢ International Market Selection Criteria ➢ Customer...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT