Social Studies, 15.02.2020 05:24, levicorey846

What are the arguments for and against the concept of corporate social responsibility? Where do you stand and why? Give your opinions, specifically, with respect to the text examples.

Answers: 3

Show answers

Answers

answered: evere11605

The common arguments that are in favor of Corporate Social Responsibility (CSR) are:

Public image of the company.Moral Justification.Public Support for business.Long run survival of the organization and the public both.

Common arguments that go against CSR are:

Ambiguity in business policies.Moral Responsibility.Shareholders' rights

Explanation:

Against

The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image. Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.

Against:

Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated. Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy. CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.

answered: babydoll818

Explanation:

CSR is Corporate Social Responsibility is generally not to be regarded as an operation connected to ngos. This goes beyond this concept of' charity.' This brings financial, environmental and ethical issues into the business process of an organization.

Today industries are growing rapidly because of globalization and firms are spreading beyond any region, continent or society.

Generally, the movement towards the social and economic sustainability of companies is extremely prominent: civic society and people from many parts of the world expect social and economical sustainability.

answered: Guest

find out yourself so

answered: Guest

liverpool, trent alexander arnold

explanation:

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 10:10, bwalker411

Speaker 1: now that we are independent, americans should create a government that mirrors the government of great britain. speaker 2: after experiencing a tyranny of great britain, americans know how important it is to limit the government's power. speaker 3: our victory in the revolutionary war prove that americans have wisdom to choose good leaders. speaker 4: as for former colonies, the american states are likely to thrive under a system of strong centralized government. which speaker would most likely support the government established by the articles of confederation? a. speaker 2 b. speaker 3 c. speaker 1 d. speaker 4

Answers: 1

continue

Social Studies, 22.06.2019 11:30, aryal191

Nita is the office manager at a service station. two applicants, max and tim, arrive to interview for the open mechanic's position. max's clothes are dirty, his hair is unwashed, and he doesn't make eye contact when he gives nita his name. tim dresses in clean jeans and a nice shirt, is shaved, and shakes nita's hand when he introduces himself. after the interview, keith the head mechanic, asks nita what she thought. both men have the skill set needed for the position. nita recommends tim. she is responding to her perception of

Answers: 2

continue

Social Studies, 22.06.2019 16:20, anthonyvargas8780

In the modern world, many countries with kings or queens have evolved into constitutional democracies. in these countries, monarchs are mostly

Answers: 1

continue

Social Studies, 22.06.2019 22:00, reksos123

What is the difference between the kurds and the shia muslims? a the kurds are a religious group while the shia muslims are an ethnic group. b the kurds and the shia muslims are religious groups. c the kurds are an ethnic group and the shia muslims are a religious group. d the kurds and the shia muslims are ethnic groups.

Answers: 1

continue

Do you know the correct answer?

What are the arguments for and against the concept of corporate social responsibility? Where do you...