Describe the reality of social responsibilities of a company.
The biggest problem with CSR is not that it has limitations, nor is it concerning its questionable ability to sufficiently address the problems it intends to ameliorate. Rather, it is the fact that it takes people to a completely wrong direction. For many large corporations, CSR is primarily a strategy to divert attention away from the negative social and environmental impacts of their activities. In the Asian context, CSR mostly involves activities like adopting villages for what they call a ‘holistic development', in which they provide medical and sanitation facilities, build school and houses, and helping villagers become self-reliant by teaching them vocational and business skills. Such corporate strategies have been effectively hegemonic, providing a strong legitimacy and license for corporations to sustain the exploitation of human and natural resources. More importantly, it leads people to wrongly assume that the business houses, and not the states, are responsible for citizens' basic rights to better education, clean water, healthcare, etc. It disciplines the uninformed poor motivating them to behave in ways that make state regulation obsolete, while leaving them at the mercy of market forces.
Discuss the forces which are responsible for increasing concern of business enterprises towards social responsibility.
What do you mean by the principle derived from social values which guide and govern the conduct of businessmen? Explain the factors governing these principles and values.
"A business owes curtain obligations towards different groups."Identify those groups and explain the obligation of business towards those groups.
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Explain social responsibility of a business towards different interest groups.
What steps can an enterprise take to protect the environment from the dangers of pollution?
"Like an individual, business enterprise should also be a loyal citizen to the state."Discuss.
Which eight problems have been identified by the United Nations which cause damage to natural environment?
How can a business enterprise improve its public image by performing social responsibilities?
What do you understand by social responsibility of business? How is it different from legal responsibility?
Business is essentially, a social institution and not merely a profit making activity.' Explain.
What do you mean by the principles derived from social values which guide and govern the conduct of businessmen?
Business ethics and social responsibility are not synonyms but are closely related. Substantiate.