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Social responsibility is an ethical concept in which a person works and cooperates with other people and organizations for the benefit of the community. [ 1 ] An organization can demonstrate social responsibility in several ways, for instance, by donating, encouraging volunteerism , using ethical hiring procedures, and making changes that ...
Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...
Diffusion of responsibility [1] is a sociopsychological phenomenon whereby a person is less likely to take responsibility for action or inaction when other bystanders or witnesses are present. Considered a form of attribution , the individual assumes that others either are responsible for taking action or have already done so.
A socially responsible business (SRB) is a generally for-profit venture that seeks to leverage business for a more just and sustainable world.The objective of the SRBs involves more than just maximizing profits for the shareholders; it is also about creating positive changes and making valuable contributions to the stakeholders such as the local community, customers, and staff. [1]
Responsibility: In order to care, we must take it upon ourselves, thus responsibility. The problem associated with this second ethical element of responsibility is the question of obligation. Obligation is often, if not already, tied to pre-established societal and cultural norms and roles.
Friedman introduced the theory in a 1970 essay for The New York Times titled "A Friedman Doctrine: The Social Responsibility of Business is to Increase Its Profits". [2] In it, he argued that a company has no social responsibility to the public or society; its only responsibility is to its shareholders. [2]
Social responsibility is an ethical framework which suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. The main article for this category is Social responsibility .
Responsibility may refer to: Collective responsibility – Responsibility of organizations, groups and societies; Corporate social responsibility – Form of corporate self-regulation aimed at contributing to social or charitable goals; Duty – Commitment or expectation to act; Legal responsibility (disambiguation)