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Business Social Responsibility Describe Social Responsibility Identify benefits and cost of social responsibility
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Social Responsibility Refers to the duty of a business to contribute to the well-being of a community. A business must weigh the interests and concerns of many groups Broadened view of social responsibility of business calls more attention to social concern Includes Environmental Protection Inclusion of Minorities and Women in the Workplace Employment of Special Needs Healthy and Safe work environment Social Concerns in the Community or the world
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Environmental Protection Conservation is saving scarce natural resources Goal of many companies Example Vehicle corporations making vehicles that consume less gas or are electric Non-renewable resource is a natural resource that cannot be replaced when used up Gas, oils, minerals Pollution Occurs when the environment is tainted with the by products of human actions Some production cause pollution of lakes, rivers, and air A social responsibility business takes actions to improve or change operations that cause pollution Federal Government has set standards for water and air quality The Environmental Protection Agency (EPA)
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Workplace Diversity Businesses are more and more sensitive to the role of women, ethic groups, physically challenged, and older workers.
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Workplace Diversity - Ethnicity Workforce should reflect the group in the community A major challenge is facing businesses today involves learning how to manage a workforce made up of workers who represent the diverse cultures in society
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Workplace Diversity- Gender Removal of Barriers for Women Employers are not allowed to exclude women applicants from physically demanding jobs unless they prove the job requires physical skills that women do not have Glass Ceiling- invisible ceiling to how far a woman can be promoted
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Workplace Diversity- Disabilities Accommodate individuals who are physically challenged Passage and enforcement of the Americans with Disabilities Act (ADA) Other federal and state legislation Must have wheelchair access Must have accommodations for people with sight and hearing disabilities
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Workplace Diversity- Age Eliminate Bias against older workers Age Discrimination in Employment Act bans employers from using age as a bias for employment decisions Hiring Promotions Termination from job Protects employees older than 40
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Job Safety Safe place to work Free from risks that could cause an accident Full protection from fire and other hazards Know how to manage the unexpected Safety employee training in case of an emergency Variety of programs into practice to protect workers Passed laws to enforce safety OSHA is there to enforce the laws
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Employee Wellness A healthy workforce is a productive workforce Workers who have a good physical health are valuable assets Different programs to improve the health of their workforce Stop smoking seminars Weight loss sessions Alcoholic counseling Exercise and workout sessions Seminars on Balanced diet Sponsor sports teams to encourage employees to take part
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Social Concerns in the Community Susan G Komen Foundation - Breast Cancer Awareness St. Jude Make a Wish Toys for Tots Adopt a Family
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Social Responsibility Evaluation There are benefits and costs for social responsibility Benefits Expanded justice for groups of a society Enhanced company image Reduced need for government actions Improved quality of life in a community and around the world Increased awareness of social issues among workers, consumers, and others Costs Money must be spent- donations, non polluting equipment or safer equipment, repairs to remove risks, wellness programs, and social programs Must make profit to stay in business Spending at a suitable level so you don’t hurt your business and increase problems in the community
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