Wk 6 Discussion – Social Responsibility Answer

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Wk 6 Discussion – Social Responsibility

According to George and Jones (2020), a company’s stance on social responsibility is the way its managers and employees view their duty or obligation to make decisions that protect, enhance, and promote the welfare and well-being of stakeholders and society as a whole. This includes the way the company handles changing demographics and emerging technologies.

  • What do you consider to be the top three benefits to social responsibility?
  • How does your organization implement social responsibility initiatives?

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Wk 6 Discussion – Social Responsibility Answer

Answer

 

A company can benefit a lot from embracing corporate social responsibility. Among the benefits I consider to be the top three are sustainability, improved public image and reputation, and employee satisfaction. When a company is engaged in corporate social responsibility such as practicing green business, it is helping its business to stay longer. The responsible management of limited resources will keep the company stay in business.

This question is taken from MGT 526 – Management in a Changing Environment » Fall 2021 » Discussions