Business Social Responsibility Describe Social Responsibility Identify benefits and cost of social...
-
Upload
harvey-cross -
Category
Documents
-
view
222 -
download
5
Transcript of Business Social Responsibility Describe Social Responsibility Identify benefits and cost of social...
Business Social Responsibility
Describe Social Responsibility
Identify benefits and cost of social responsibility
Social Responsibility
Refers to the duty of a business to contribute to the well-being of a community.
A business must weigh the interests and concerns of many groups
Broadened view of social responsibility of business calls more attention to social concern
Includes
Environmental Protection
Inclusion of Minorities and Women in the Workplace
Employment of Special Needs
Healthy and Safe work environment
Social Concerns in the Community or the world
Environmental Protection
Conservation is saving scarce natural resources Goal of many companies
Example Vehicle corporations making vehicles that consume less gas or are electric
Non-renewable resource is a natural resource that cannot be replaced when used up
Gas, oils, minerals
Pollution Occurs when the environment is tainted with the by products of human actions
Some production cause pollution of lakes, rivers , and air
A social responsibility business takes actions to improve or change operations that cause pollution
Federal Government has set standards for water and air quality
The Environmental Protection Agency (EPA)
Workplace Diversity
Businesses are more and more sensitive to the role of women, ethic groups, physically challenged, and older workers.
Workplace Diversity - Ethnicity
Workforce should reflect the group in the community
A major challenge is facing businesses today involves learning how to manage a workforce made up of workers who represent the diverse cultures in society
Workplace Diversity- Gender
Removal of Barriers for Women
Employers are not allowed to exclude women applicants from physically demanding jobs unless they prove the job requires physical skills that women do not have
Glass Ceiling- invisible ceiling to how far a woman can be promoted
Workplace Diversity- Disabilities
Accommodate individuals who are physically challenged
Passage and enforcement of the Americans with Disabilities Act (ADA)
Other federal and state legislation
Must have wheelchair access
Must have accommodations for people with sight and hearing disabilities
Workplace Diversity- Age
Eliminate Bias against older workers
Age Discrimination in Employment Act bans employers from using age as a bias for employment decisions
Hiring
Promotions
Termination from job
Protects employees older than 40
Job Safety
Safe place to work
Free from risks that could cause an accident
Full protection from fire and other hazards
Know how to manage the unexpected
Safety employee training in case of an emergency
Variety of programs into practice to protect workers
Passed laws to enforce safety
OSHA is there to enforce the laws
Employee Wellness
A healthy workforce is a productive workforce
Workers who have a good physical health are valuable assets
Different programs to improve the health of their workforce
Stop smoking seminars
Weight loss sessions
Alcoholic counseling
Exercise and workout sessions
Seminars on Balanced diet
Sponsor sports teams to encourage employees to take part
Social Concerns in the Community
Susan G Komen Foundation - Breast Cancer Awareness
St. Jude
Make a Wish
Toys for Tots
Adopt a Family
Social Responsibility Evaluation
There are benefits and costs for social responsibility
Benefits
Expanded justice for groups of a society
Enhanced company image
Reduced need for government actions
Improved quality of life in a community and around the world
Increased awareness of social issues among workers, consumers, and others
Costs
Money must be spent- donations, non polluting equipment or safer equipment, repairs to remove risks, wellness programs, and social programs
Must make profit to stay in business
Spending at a suitable level so you don’t hurt your business and increase problems in the community