In this chapter…
1. What is Social Responsibility
a) Historical Perspective
2. Know the Areas of Concern of
Corporate Social Responsibility
3. Challenges of Social
Responsibility in Business
4. The Dynamics of a Business Firm
5. The Social Responsibility of
Business in Retrospect
WHAT IS SOCIAL
This value structure is truly a
Christian concept of man and
society. In Genesis 1:28-30 it
states, “Go forth and replenish
the earth. You shall have
denomination over the foul of the
Socially responsible business
behavior exists if business
decision-making takes place
within the limits prescribed by
As early as 3000 B.C. thee use of
contract was common in
manufacturing and trading . A
faborable business environment was
notably observed in relationships of
social institutions in such trading
center Carthage, Tyre and Rhodes.
-business was looked upon with
respects because it was the source of
-business were accorded with the
highest social status.
dictionary states that it is the
act of investing with authority
to act for another.
-is the state of being
answerable for one’s conduct
and discharge of
Refers to the degree of effectivity of a
person or a business firm in carrying out
their role(s) in relation to society.
Business’ 3 main areas of concern
Equal Opportunity – refers to two main
benefits in work.
Ecology – derived from the word “oikos”
meaning “house” or place to live in.
– refers to interrelationships of
organisms and their
Consumerism – most prominent of the
three major social issues because it
directly affects every individual in the
THE AREAS OF CONCERN OF
CORPORATE SOCIAL RESPONSIBILITY
Social – refers to the improvement of the social life
of the people in a community.
Political – government policies can influence
business relationship with its public. The political
leadership will affect business activities.
Economics – this area of concern includes the uplift
of the condition of the community where business
operates. It can help customers saddle the impact of
the rising prices of commodities by stopping price
manipulation and goods hoarding.
Cultural – business can help artistically inclines
persons use their talent through art competitions
and scholarship, e.g. The Palanca Award for
Literature of La Tondeña and the Shell Art
A Corporate Social Responsibility Spectrum
Part of the
(ies) for a variety of
business and nonbusiness relations
Organize and train
members to become
own vehicles for
Look for alternative
companies can do
business for mutual
Variety of schemes
special staff, etc.)
Usually lodged in
Relationship valuing between the
stability and security business and
The Spectrum of activities
1. On one end , companies have developed a
rationale and programs on corporate giving to the
less fortunate groups or communities.
2.On another end, some companies have begun to
view communities as partners in business.
3.in between, there is a growing group where
community relations include developing
communities ; however , these development
projects have little relationship to the business
interest of the company.
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