Social responsibility is an ethical or theory that an entity, be it an organization or individual, has an obligation to act to benefit
society at large. Social responsibility is a duty every individual or
organization has to perform so as to maintain a balance between the economy and
the ecosystem. This responsibility can be passive, by avoiding engaging
in socially harmful acts, or active, by performing activities that directly
advance social goals.
1. Profit Responsibility: profit
responsibility holds that companies have a simple duty to maximize profits for
their owner and stockholder.
2. Stakeholder responsibility:
stakeholder responsibility focuses on the obligations an organization has to
those who can affect achievement of its objectives. These constituencies
include customers, employees, suppliers and distributors.
3. Societal responsibility: this refers to obligations that organizations
have to the:
A.
preservation of ecological
B.
General public.
Concerns about the environment and
public welfare are presented by interest and advocacy groups such as
international environment organization.
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