social responsibilities of business

Question 1

social responsibility

Answer 1

balance being profitable with satisfying the needs of those whose future is tied to that of the organization.

Question 2

Corporate Social Responsibility

Answer 2

CSR emphasizes obligations and accountability and is sometimes called corporate

Question 3

Business for Social Responsibility (BSR)

Answer 3

1992 to encourage socially responsible corporate policies.

Question 4

archie carroll

Answer 4

the social responsibility of business includes the economic, legal, ethical, and philanthropic expectations that society has of organizations at a given point in time.

Question 5

stakeholder

Answer 5

anyone who can affect an organization, or can be affected by it. stockholder, an employee, customers, or even the community in which the organization exists.

Question 6

Milton Friedman

Answer 6

it is the responsibility of management “to make as much money as possible while conforming to the basic rules of society, both those embodied in the law and those embodied in ethical customs.”

Question 7

thomas petit

Answer 7

industrial society faces many problems caused by big business and managers must conduct the business of the corporation to lessen or solve these problems.

Question 8

keith davis

Answer 8

business has the resources to solve social problems that they, in part, create. so they should

Question 9

William Frederick

Answer 9

used the terms CSR1 for Corporate Social Responsibility, CSR2 for Corporate Social Responsiveness, and CSR3 for Corporate Social Rectitude.

Question 10

Ian Wilson

Answer 10

view of social responsiveness, there are four possible business strategies: reaction(tobacco), proaction(improve welfare), defense(bare minimum) and accommodation(anticipates)