BUSINESS ETHICS
AND SOCIAL
RESPONSIBILITY
LESSON 2
SOCIAL
RESPONSIBILITY
Social
Responsibility
Social responsibility is an initiative that
helps our society in growing along side
businesses. Social responsibility is the
obligation of organization’s management
to make decisions and take actions that
will enhance the welfare and interests of
society as well as the organization. .
C
A duty or task that you are required or expected to do.
Something that you should do because it is morally right,
legally required, etc.
R E S P O N S I B I L I T Y
C
It means generosity in all its forms and is often defined as
giving gifts of “time, talent and treasure” to help make life
better for other people.
P H I L A N T H R O P Y
C
It is a place of employment is a location where people
perform tasks, jobs and projects for their employer
W O R K P L A C E
C
the state of being responsible for something, especially by
law
L I A B I L I T Y
C
It is about giving the wrong idea or impression.
M I S L E A D I N G
Responsibilities to the
General Public
RESPONSIBILITIES TO THE GENERAL
PUBLIC
• Public Health Issues. What to do about
inherently dangerous products as
alcohol, tobacco/ciggaretts.
• Protecting the Environment. Using resources
efficiently,
\ minimizing pollution
RESPONSIBILITIES TO THE GENERAL PUBLIC
• Developing the Quality of the
Workforce. Enhancing quality of the
overall workforce through education
and diversity initiatives.
• Corporate Philanthropy. Cash contributions,
donations of equipment and products, and
supporting the volunteer efforts of company
\
employees.
Responsibilities to
Customers
RESPONSIBILITIES TO CUSTOMERS
• The Right to be Safe. Safe Operations of
products, avoiding product liability.
• The Right to be Informed. Avoiding false or
misleading advertising and providing
effective customer service
\
RESPONSIBILITIES TO CUSTOMERS
• The Right to Choose. Ability of
consumers to choose the products and
services they want.
• The Right to be Heard. Ability of consumers
to express legitimate complaints to the
appropriate parties.
\
Responsibilities to
Employees
RESPONSIBILITIES TO EMPLOYEES
• Workplace Safety. Monitored by
Occupational Safety and Health
Administration.
• Quality-of-Life Issues. Balancing work
\
and family through flexible work
schedules.
RESPONSIBILITIES TO EMPLOYEES
• Ensuring Equal Opportunity on the Job.
Providing equal opportunities to all
employees without discrimination.
• Age Discrimination. Age Discrimination
in
\
Employment Act of 1968 protects
workers age 40 or older.
Conclusion
For most businesses, it is important to come
together and develop guidelines for social
responsibility initiatives. Through this approach,
they can operate in a consistent and responsible
manner. Overall, they will have an effective and
consistent approach. Businesses should set a
budget to implement cost-effective strategies to
contribute to the society as well.
Thank you for
Listening!
