As a result, Motorola has contributed to the society in a positive and significant way. Reducing carbon footprints 2. Overall, this helps in directing, prioritizing and sustaining a socially responsible practice into a right direction as well as avoiding unclear goals and measures in a complex environment. PDF e-standard Moreover, in order to gain an insight into the local areas, accessing information and analysis from the organizations such as UN department and non-governmental (NGO) is also of importance as these organizations can provide representatives and local contacts as well as highlight the areas of assistance needed at the site. While business results, investment, free enterprise, and other traditional economic forces continue to drive industry, organizations’ reputations and their ability to compete effectively around the world depend on them integrating social responsibility efforts into decision making and performance improvement. The Body Shop has been collaborating with various organizations such as ECPAT and NGOs to combat challenging social issues.[8]. Social responsibility of a business refers to the obligations to take those decisions and perform those actions which are desirable in terms of the objectives and values of society. Copyright © 2020 MyAccountingCourse.com | All Rights Reserved | Copyright |. Pathways to Social Responsibility: Successful Practices for Sustaining the Future—2014 (PDF) Improving labor policies 3. Some people encourage companies to give back to the community that allows them to grow. Customers: Customer satisfaction can be achieved through properly dealing with complaints and providing quality products at a reasonable price. Definition: Social responsibility refers the to business ethics concept of being accountable for impacting society and culture. This process requires collaborations from different sectors that are interested and related to the activities to develop a relationship and form a partnership with other organizations. The aims and ideals of social responsibility, as a path to sustainability, make SR a natural and progressive extension of the quality practitioner’s professional competency. [2][13] Maintenance starts after the socially responsible practice is adopted, and its purpose is to maintain the relationships and implement various methods to sustain a socially responsible practice in the organization. In this cross-level framework, it has been proposed that: The first proposition illustrates that organizational identity will be more effective in ensuring maintenance in a weak institutional environment because there are fewer regulations for a company to conform with. [6], The WasteWise project is divided into three main areas: waste reduction, recycling, and manufacturing recycled products. Another tenet of social responsibility is the triple bottom line, also known as "people, planet, and profit." Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner that benefits society. To determine the environment whether it is strong, weak, or heterogeneous, the businesses can make its assessment by observing the patterns of thinking and behavior of the stakeholders. For example, chemical companies and leather factories were notorious in the early 20th century for dumping huge amount of chemicals in lakes, rivers, and fields. [13], SRB practices in small and medium-sized enterprises (SMEs), Cross-level framework of socially responsible practice maintenance, "Promoting Socially Responsible Business, Ethical Trade and Acceptable Labour Standards", "Creating Change Through Partnership 2012 ECPAT international and The Body Shop", "Innovative Co-Thinking of Socially Responsible Business in Conditions of Permanent Changes", https://en.wikipedia.org/w/index.php?title=Socially_responsible_business&oldid=979780252, Creative Commons Attribution-ShareAlike License, 1. The Body Shop and ECPAT’s three years campaign has been very influential across many countries. more What You Need to Know About Brand Equity If the The champions will be more effective in this environment because the individual are able to understand, respond quickly and persuade other members to support and maintain a socially responsible practice. The companies and organizations profiled in this report have embarked on their own paths to social responsibility, providing a broad spectrum of engagement and business success.

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