Corporate Intergrity Flashcards
Corporate Intergrity
corporate integrity refers to that sense of “wholeness” created by the right relationships
among the members of the corporation
Dimensions of corporate integrity
Cultural dimension
The Interpersonal dimension
Organizational dimension
The social dimension
The natural dimension
Cultural Dimension
Cultural dimension- has the most impact on the internal relationships in the company
The interpersonal dimension
The Interpersonal dimension- it focuses on the relationships among people
Orginazational dimension
Organizational dimension- considers the main puposes of the business,paticularly the ecoinomic and finacial purposes, managerial purpose, and civic purpose
The social dimension
The social dimension-views the organization as actively engaging with society
The natural dimension
The natural dimension- looks into how the oraganization relates to nature
Types of Corporate Social Responsibility
- SOCIAL OBLIGATION
- SOCIAL RESPONSIVENESS
- ECONOMIC RESPONSIBILITY
- LEGAL RESPONSIBILITY
- ETHICAL RESPONSIBILITIES
- PHILANTHROPIC RESPONSIBILITIES
Corporate Social Responsibility.
One business practice which is considered vital to current international standards of
business operations
Social Obligation
refers to complying with legal and ethical standards to uphold social
welfare.
Social Responsiveness
on the other hand, goes beyond prescribed standards and
implements actions that aim to make an impact on society.
Economic Responsibility
the company should produce goods and services with
reasonable prices. The goods and services should also satisfy the needs of its customers,
stakeholders, and other members of society even as they ensure sustainability and growth.
Legal Responsibility
the organization should comply with local and international laws that
apply to its business operations.
Ethical Responsibilities
A company’s ethical responsibilities include establishing norms, standards, mores, and
practices that reflect fairness to the consumers, employees, shareholders, and the community.
Philanthropic Responsibilities
include the initiation of voluntary activities such
as establishing corporate programs, donating to charitable institutions, and other similar
charitable causes.
