corporate social responsibilty
-
Upload
priyanshu-goyal -
Category
Education
-
view
301 -
download
1
description
Transcript of corporate social responsibilty
![Page 2: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/2.jpg)
![Page 3: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/3.jpg)
What is SR? Social Responsibility is an ethical theory, that, an entity, be it an organization or individual, has an obligation to act, to benefit the society at large. It is a duty every individual or organization has to perform so as to maintain a balance between the economy and ecosystem. A trade off always exists between economic development, in material sense, and the welfare of the society and environment.
![Page 4: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/4.jpg)
![Page 5: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/5.jpg)
Unethical
![Page 6: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/6.jpg)
Ethical
![Page 7: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/7.jpg)
SR towards different groups
oProviding fair return to investors
oProviding fair wages and healthy environment to employees.oProviding good quality products to consumers at
reasonable prices.
oRegular in making payments to the suppliers.
![Page 8: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/8.jpg)
Trust and Popularity :The pillars of success
Trust in the brand
Trust in the business to do right thing.
Trust in the business as the Responsible Corporate Citi zen
![Page 9: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/9.jpg)
Socially Responsible system
Commitment of top management
Development of CSR statement
Involvement of all the stake holders Disseminati on at all the levels.
![Page 10: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/10.jpg)
SR undertaken by companies
DellDell has committed $10 million towards education initiatives in 2011 in connection with the United Nations Millennium development goals. More than 70 percent of Dell’s contribution will help young people in undeserved communities.
![Page 11: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/11.jpg)
Aditya Birla groupThey have contributed towards developing model villagesWhich entails ensuring self-reliance in all aspects Viz., education, health care and family welfare, infrastructure, agriculture and watershed management, And working towards sustainable livelihood patterns.
![Page 12: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/12.jpg)
Obstacle In Implementation
o Lack of visiono Lack of fundso Lack of management attitudeo Poor innovation capabilities
![Page 13: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/13.jpg)
![Page 14: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/14.jpg)
![Page 15: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/15.jpg)
http://www.youtube.com/watch?v=9XS_t530X4g
![Page 16: corporate social responsibilty](https://reader033.fdocuments.us/reader033/viewer/2022061202/547adea9b4af9f69128b464a/html5/thumbnails/16.jpg)
Milton Friedman
Business can and should focus on increasing its profits as long as they stay within the rule of the game, which is to say, engage in open and free competition without deception and fraud.