1 International Business & Social Responsibility Chapter 5.

Slides:

Advertisements

Similar presentations

CORPORATE SOCIAL RESPONSIBILITY

Advertisements

Ethics, Leadership Mr. John Rouda DIFD 321 Winthrop University.

Social Responsibility and Ethics in Strategic Management

© 2003 McGraw-Hill Australia Pty Ltd. PowerPoint Slides t/a Management: A Pacific Rim Focus Enhanced Edition. Slides prepared by David Meacheam & George.

Corporate Social Responsibility

Chapter 2 Corporate Citizenship: Social Responsibility, Responsiveness, and Performance Corporate Citizenship: Social Responsibility, Responsiveness,

M A N A G E M E N T M A N A G E M E N T 1 st E D I T I O N 1 st E D I T I O N Gulati | Mayo | Nohria Gulati | Mayo | Nohria Chapter 3 Chapter 3 ETHICS.

Corporate Social Responsibility The Meaning of Corporate Social Responsibility How Corporate Social Responsibility Began The Corporate Social Responsibility.

Business in a Changing World McGraw-Hill/Irwin Copyright © 2009 by the McGraw-Hill Companies, Inc. All rights reserved. Chapter 2 Business Ethics and.

1 Corporate Citizenship, Social Responsibility, Responsiveness, and Performance.

© 2005 by Nelson, a division of Thomson Canada Limited. 1 Business and Community Stakeholders Search the Web The Foundation Center is a clearinghouse.

Corporate Social Responsibility & Corporate Responsiveness.

1 Managing with Ethics and Social Responsibility We Will Examine the issues of managerial ethics and corporate social responsibility; Define the terms....look.

Corporate Social Responsibility

1.4 Stakeholders A stakeholder is any person or organisation that has a direct interest in or is affected by the performance of the business. The main.

C H A P T E R 2 Stakeholder Relationships, Social Responsibility, and Corporate Governance.

Corporate Social Responsibility

Chapter 3: Ethics and Social Responsibility Prepared by David Ferrell, B-books, Ltd. Designed by Eric Brengle, B-books, Ltd. Copyright 2012 by Cengage.

Jody Blanke, Professor Computer Information Systems and Law.

Cutlip & Center's Effective PUBLIC RELATIONS

© Cambridge University Press 2012 AREA OF STUDY 2 UNIT 4 MANAGING PEOPLE AND CHANGE CHAPTER 14 CORPORATE SOCIAL RESPONSIBILTY AND BUSINESS ETHICS THE MANAGEMENT.

Business & Society Business & Society Ethics, Sustainability, and Stakeholder Management Eighth Edition Archie B. Carroll Ann K. Buchholtz © 2012 South-Western,

Copyright © 2013 The McGraw-Hill Companies, Inc. All rights reserved. Chapter 4 Corporate Social Responsibility Copyright © 2014 McGraw-Hill Education.

CSC350: Learning Management Systems COMSATS Institute of Information Technology (Virtual Campus)

Business Ethics & Social Responsibility

Managing Business Ethics

Social Responsibility Framework

Types of stakeholder Internal: internal to the firm Internal: internal to the firm –employees –shareholders /owners Connected: connected by a relationship.

Chapter 1 An Overview of Business Ethics. 1-2 Why differentiate between rules/policies/law & ethics? the difference between an ordinary decision & an.

Personal Ethics Have you ever cheated on exams? copied documents from Internet shoplifted cheated to win at sports Honesty? 2-1.

1 Chapter 3: Ethics and Social Responsibility Copyright Cengage Learning 2013 All Rights Reserved Introduction to Designed & Prepared by Laura Rush B-books,

Copyright ©2009 by Cengage Learning Inc. All rights reserved 1 Prepared by Amit Shah Frostburg State University CHAPTER 3 Designed by Eric Brengle B-books,

Copyright © 2009 Pearson Prentice Hall. All rights reserved. Chapter 1 The Role and Environment of Managerial Finance.

Corporate Social Responsibility (CSR)

Copyright © Houghton Mifflin Company. All rights reserved.

Ethics in Business Case studies, Theory, and Application.

Business Responsibility and Sustainability BHS0032

Corporate Social Responsibility

OBJECTIVES OF BUSINESS ORGANIZATIONS. Introduction  The objective of an organization is the end which the organization intends to achieve and which investment.

Reporting to Stakeholders. What are Stakeholders? An individual or group with an interest in an organisation An individual or group with an interest in.

McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved Chapter.

Business Administration & Management Mr. Bernstein Ethical Issues and the Social Responsibility of Business, pp February 10, 2015.

Chapter 5 Corporate Social Responsibility (CSR)

Copyright ©2009 by Cengage Learning Inc. All rights reserved 1 Prepared by Amit Shah Frostburg State University CHAPTER 3 Designed by Eric Brengle B-books,

ADVANTAGESDISADVANTAGES  Be your own boss  Keep all the profits  Less paperwork  Low regulation  Limited access to money  Full liability  Time.

Copyright  2005 McGraw-Hill Australia Pty Ltd PPTs t/a Management: A Pacific Rim Focus 4e by Bartol, Tein, Matthews, Martin 4–1 CHAPTER 4 SOCIAL RESPONSIBILITY.

1 CBEB3101 Business Ethics Lecture 4 Semester 1, 2011/2012 Prepared by Zulkufly Ramly 1.

Business Ethics Chapter 3 0. Business Ethics “doing well by doing good” 1.

1 Organizations and Social Responsibility Dr. Ellen A. Drost.

What is corporate social responsibility?

IS BUSINESS ETHICS AN OXYMORON?. Stakeholders  Building relationships is one of most important areas in business today  Can be associated with organizational.

Basic Principles: Ethics and Business

1 International Business & Social Responsibility INTERNATIONALMANAGEMENT Chapter 4.

Level 2 Business Studies AS90843 Demonstrate understanding of the internal operations of a large business.

Business Ethics 1 كلية العلوم والدراسات الانسانية بالغاط Chapter 3: Stakeholder Relationships, Social Responsibility, and Corporate Governance.

Approaches to CSR. Inspiring Long-term Driven by and evokes passion Broad; Overarching; Brief Fundamental statement of the organization’s Values Aspiration.

External stakeholders. Stakeholders Stakeholders are groups or individuals with an interest in a business. Stakeholders may affect or be affected by the.

Corporate Social Responsibility. Prepared by:Dr. Olufemi A. Akintunde.

Management Fundamentals - Chapter 31 Study Question 3: How can high ethical standards be maintained?  Ethical role models: – Top managers serve as ethical.

Engineering Ethics Management by Courtland L. Bovee John V. Thill Marian Burk Wood George P. Dovel.

OBJECTIVES OF BUSINESS ORGANIZATIONS. Introduction  The objective of an organization is the end which the organization intends to achieve and which investment.

Corporate Social Responsibility (CSR)

Ethics and the Conduct of Business

Copyright © Houghton Mifflin Company. All rights reserved.MGT437

Erasmus+, Key Action 2: Strategic partnership PROJECT NUMBER: FR01-KA IO1: Open Online Courses on Social Entrepreneurship Learning Material.

Corporate Social Responsibility (CSR)

Corporate Social Responsibility

Corporate Social Responsibility

The Corporate Social Audit Corporate Sustainability

Presentation transcript:

1 International Business & Social Responsibility Chapter 5

2 International Business & Social Responsibility Issues:  An organization’s responsibility for its activities that effect society, both positively & negatively.  Extent of responsibility that should be born by an organization to solve social problems

3 Examination of Social Responsibility EconomicLegalEthical Discretionary Motivation to undertake social responsibility ranges from pure self-interest to enlightened self-interest and to pure altruism.

4 Pure Altruism Desire to act in best interest of society without looking to self- interest. Enlightenedself-interest Combination of the concern for own interest with the customers. Long-run prosperity of the organization with activities benefiting society. Pure self- interest Purely looking to the self- interest

5 To produce products & services and sell them at profit Non-economic activity robs shareholders of their due. Distracts managers from their profit making goals. Conflict with ordinary business activities. Comments Do not undertake social actions that are economically unviable-Peter Drucker Only social responsibility of business is to maximize profit-Milton Freedman Economic Justification

6 Legal To pursue activities within the bonds of laws & regulations. Ethical Decisions and actions based on rightness. Discretionary Pure voluntary and guided by judgment and choice An activity may have a combination of economic, legal, ethical and discretionary motives.

7 Stakeholder Groups Local Communities Employees Suppliers Competitors Lenders Shareholders Government Social Groups Customers Stakeholders

8 Continuum of Social Responsibility 4. Contribution to Social Responsibility 3. Responsiveness 2. Obligation 1. Opposition

9 1. Firms forced to comply with legal and ethical standards. 2. Social obligation by voluntarily confirming legal & ethical standards. 3. Response to stakeholder’s needs. 4. Ways to help stakeholders, above & beyond expectations. Continuum of Social Responsibility

10 => Public Affairs Department: Serve as a link between organization & stakeholders. Institutionalizing Social Responsibility Functions Identifying social issues. Forecasting social trends. Analyzing social environment. Developing programs to meet the needs of stakeholder groups.

11 Institutionalizing Social Responsibility Advocacy Supporting a cause through financial, material & human resources. Partnership Cooperating with special groups to seek mutually acceptable solutions to social problems. Gifting money, time, services to charitable, humanitarian or educational institutions. Philanthropy Executive Loan Allowing executives to take leave of absence & assume position in non-profit organizations.