According to Colorado State University, social responsibility in business refers to the responsibility of a company to conduct business in accordance with its own desires while conforming to the basic rules of society. Corporate social responsibility (CSR) is also referred to the conscience of a business, and it ensure a company will act in compliance with the laws, ethical standards and international norms while it conducts business.Know More
CSR is generally written in as part of a company’s mission and it stands as a guide to what the company stands for or a promise the business makes its customers. Social responsibility helps a company realize the impact that it has on others and the environment while it is trying to reach its bottom line so it is not solely focused on maximizing profits.
The individuals who are responsible for a business are the businessmen an executives who make the decisions. These people have a direct responsibility to all employees, and the managers within the organization are agents of the business owners and they have a primary responsibility to them to carry out the desires of the company instead of their own agendas. The main force driving against a company’s desire to act socially responsible is when the business is trying to remain competitive in an insustry.Learn more about Ethics
A Foreman is an employee of a company who is assigned the responsibility of overseeing others to ensure that work is done correctly. The Foreman is given limited authority by management. The Foremen reports to his direct supervisor within a company, and he discusses the efficiency and failings of individuals under him. One of the most common Foreman jobs is the Shop Foreman, found in textile and manufacturing plants.Full Answer >
Individual rights is defined as the freedom to act, work, and behave without retribution bestowed upon members of an organization through legal, regulatory and societal standards, according to BussinessDictionary.com. Individual rights are sometimes natural, meaning the right exists just by virtue of being born; an example is the right to life.Full Answer >
Honesty is important because it creates peace of mind and promotes relationships of trust. The benefits of honesty extend to personal health, relationships and society at large. The opposite, lying, leads to distrust, conflict, corruption and anxiety.Full Answer >
Autonomy in ethics refers to individual freedom or one’s right to make decisions without being coerced. It is the concept of social, political and ethical morals that give individuals the rational right to make their own informed choices. The individual’s decisions are also guided by the principles of what is right and wholesome as given by sensible conscience and as defined by the society.Full Answer >