2.Corporate Social Responsibility & Corporate Responsiveness[1]

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The multiple responsibilities of business

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Illustrate the importance of societal wealth ventures, social responsibility, community outreach, and giving back to the community in order to ensure balance between private and societal interests Solution Although the activity of social responsibility is benefit for both social and business organizational, the arguments for and against business social responsibility exist. There are several reasons of agreement of the activity. 1 Best Interest of Business to Promote and Improve the Communities Organizations, as members of society, have a moral obligation to help society deal with its problems and to contribute to its welfare. It is the ethical thing to do by the business organizations. A measurement should be made of whether the organization is performing such activities as producing goods and services that people need, creating jobs for society, paying fair wages, and ensuring worker safety. People and organizations need each other. Social responsibility to employees extend beyond terms and conditions of the formal contract of employment and give recognition to the workers as a human being. People today have wider expectations of the quality of working life, included justice is treatment, opportunities for consultation and participation, training in new skill and technologies, effective personal and industrial relations policies, and provision of social and leisure facilities. Organization should be, for example, give due consideration to the design of work organization and job satisfaction, make very reasonable effort to give security of employment, and provide employment opportunities for minority groups. A number of leading companies have taken steps to develop more ethical cultures and system by involving individual employees in corporate affairs. To provide or support some benefits to the workers will lead to a good communities in the business organizations. Good communication in the internal business would be leads to avoid miss understanding of each other. The workers would then enjoy their work and work out more efficiency. The quality of goods and services of the organization therefore increase. This will lead to profitable to the organization\'s business. Therefore, the social responsibility is important in internal environment of the business too. 2 Improves Public Image of the Firm To many people, responsibilities to consumers may be seen as no more than a natural outcome of good business. There are, however, broader social responsibilities including providing good value for money; the safety and durability of products or services; standard of after-sales service; prompt and courteous attention to queries and complaints; long-term satisfaction, for example serviceability, adequate supply of products or services, and spare and replacement parts; fair standards of advertising and trading; full and unambiguous information to potential customers. Increasing concern for social responsibilities to consumers can be seen by the activiti.

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