SOCIAL

RESPONSIBILITY CHAPTER :
SOCIAL RESPONSIBILITY

PRESENTED BY
GROUP 8
Hello
classmates!
We are
Group 8!
 Introduction
Social responsibility is an
ethical theory in which
individuals are accountable for
fulfilling their civic duty, and
the actions of an individual
must benefit the whole of
society. In this way, there must
be a balance between
economic growth and the
welfare of society and the
environment.​
WHAT IS SOCIAL Social responsibility is a duty every
RESPONSIBILITY? individual has to maintain; a balance
between the economy and the ecosystem
one lives within.

People, not only companies, can engage in

social responsibility. Being socially
responsible shows both social awareness
and self-management skills—that is, an
awareness of how our decisions affect
others.
LEARNING OBJECTIVE

Explain and give examples of the levels of

social responsibility in your professional and
personal life.

 Content
I II III

SOCIAL THEORIES OF ARGUMENTS FOR

RESPONSIBLITY SOCIAL SOCIAL
EXPLAINED RESPONSIBILITY RESPONSIBLITY

IV V VI VII

SOCIAL SOCIAL A CODE OF

RESPONSIBLITY OTHER SOCIAL
RESPONSIBILITY BUSINESS
TO THE RESPONSIBLITY
TO CONSUMERS ETHICS
COMMUNITY
 This is
where our
presentation
begin.

Let's Go!
I
Social Responsibility
Explained
 The concept of social responsibility has various meanings to
different individuals depending on the role that we play in the
society. As for entrepreneurs, it was defined by Professor
Howard Bowen that it is “the obligations of businessmen to
pursue their policies, to make those decisions, or to follow line of
actions which are desirable in terms of the objectives and values
of society.” In specific way, such business relationships are
measured by fairness, honesty, and justice.
That a entrepreneur must sell quality products at a fair price. He
must also be fair with his suppliers by paying them on time as
agreed upon. He must give reasonable profits to stockholders
for their investment. He must pay the correct amount of taxes
to the government. He must promote the welfare of his
employees. He must observe business ethics with his fellow
businessmen. Equally important is the social responsibility of
the entrepreneur to his community in terms of job creation and
environmental conservation.
II

theo rie s o f
SOCIAL
REPOS PO NS IB IL ITY
 E T he o rie s o n S oc ial
There are T H R E
ility , an d th ey are th e
Re sp o ns ib
following:

Economic Model

Socio-economic Model

Classic Model
 economic MODEL

Is based on the traditional Concept of Business.

The Primary Objective is earn a reasonable profit, and to
offer quality goods/services. And to provide
employment.
This model claims that society benefits most from
business.
Its social responsibility is to satisfy the needs of
consumers, create jobs, and pay taxes used by the
government for social services.
 socio-economic MODEL

It believes that businessmen have a responsibility to

stockholders, employees, consumers, suppliers, and the
general public.
It stresses the implications of business decisions on society.
It argues that since an enterprise is created by society,
conducts its business within the society, and the
community, it has a social responsibility to share its earned
resources for the needs of said society.

 classic MODEL

It is socially responsible if it uses resources as

efficiently as possible, and produces goods/services
that society needs at a price they are willing to pay
According to Milton Friedman: There is only one
social responsibility of business-and that is to use its
resources and engage in activities designed for profit
so long as its within the rules of the game.
III

ARGUMENTS
FOR
SOCIAL
RESPONSIBILITY
 1. Business cannot and should not ignore
ARGUMENTS FOR
social problem because it is a part of
SOCIAL
society.
RESPONSIBILITIES
2. Business has resources, like financial,
technical and managerial, that are
required for solving social problems.
3. Business can earn more profits in the
long run by helping eliminate or reduce
social problems.
4. Business can expect less government
intervention if it performs its social
responsibility.
 1. Business managers are primarily
responsible to stock-holders. Thus, their
job is to eam profit for heir investors.

2. The resources of the enterprise time,

money and talent should be used to
maximize profit, not to solve the problems
of society.

3. The effects of social problems on

society is very general. Business should
not be expected to solve such problems.
ARGUMENTS AGAINST

4. Social problems are the responsibility of

SOCIAL the government officials. They were
RESPONSIBILITIES elected basically to solve social problems.
This is their fundamental responsibility to
the voters.
Social
Responsibility Social Responsibility to Consumers If there are human

to Consumers rights, there are also consumer rights. However,

consumers are not strong in protecting their rights
against capitalist exploitations. These are the four basic
rights of consumers that President John Kennedy
introduced :
SOCIAL RESPONSIBILITY TO
CONCUMERS.

1. THE RIGHT TO SAFETY.

This means products are safe for
their intended use, contain clear
and complete instruction for their
proper use and have been tested
by the manufacturers for quality
and reliability.

2. THE RIGHT TO BE INFORMED.

This refers to the availability of
complete and correct information
about the use of the products. For
example, food items must contain
detailed information on their
ingredients.
3. THE RIGHT TO CHOOSE.
It is the policy of the government
to encourage competition among
sellers or producers, so that
consumers can choose the best
products in the market.

4. THE RIGHT TO BE HEARD.

This is based on the concept "The
customer is always right." Sellers
should listen to their buyers and act
immediately on their complains.
Social
Responsibity
to the
Community
 The destruction of price of economic
growth to environment through pollution of
the air, land , and water which decrease the
incomes of farmers and fishermen.

With our world filled with 20 billion tons of

garbage it affects the lives of both humans
and animals. These are the evils created by
industrial enterprises.

Red tides are also linked to water pollution, it comes from

clustering of billions of tiny brownish red protozoan
flagellates which are microscopic planike animals. These
micro organisms produce a reddish color. It is releasing a
very toxic substance that will poison shell fishes like tahong,
talaba, and alimasag.

In air pollution, it can destroy our atmosphere particularly

the ozone layer which protects the earth from the
damaging sun rays. This increase the incidence of skin
cancer, and blindness and can also harm crop harvest and
aquatic resources.
 Man-made chemicals and
volcanic gases contribute to the
rapid destruction of the ozone
layer. Chemicals emitted by air
conditioners, refrigeration and
aerosols cause destruction to
the atmosphere.
 OTHER SOCIAL
RESPONSIBILITY
 1. EMPLOYMENT.
Business enterprises should
adopt the policy of equal
opportunity employment." This
means there are no
discriminations against race, sex
and religion. In some countries,
women and colored people are
at a disadvantage in
employment.
2. EDUCATION AND TRAINING.
Business organizations,
particularly the big and
successful ones, should
contribute their resources to the
education and training of the
poor and disabled persons in the
community. Such human
resources are potential assets to
the community and to the
business organizations..
 3. COMMUNITY
DEVELOPMENT. The business
organization is very much a
part of a community. Thus, it
is its social responsibily to
help the development of the
community, so that it will be a
better place to live in.
 By definition, business ethics
refers to the standards for
morally right and wrong

A CODE OF conduct in business. Law

partially defines the conduct,
but “legal” and “ethical”

BUSINESS aren't necessarily the same.

Business ethics enhances the
law by outlining acceptable
ETHICS behaviors beyond
government control.

https://www.redlands.edu/st
udy/schools-and-
centers/business
 The Preamble of Code of Ethics
states that man has a dignity that
Ethics is a study of right or
must be respected, and that all
wrong. It is a moral choice by
the resources of the earth have
an individual.
been created for his growth an
development.
In business, it is the application
of moral standards on business
The modern business entrepreneur
decisions and actions. Business
must be a strategist for human
ethics involves relationships
development. And the rationale
with employees, investors,
of business is to build an
customers, creditors and
enterprise oriented to the
competitors.
development of man.
ENTREPRENEURIAL
MANAGEMENT

MR. EDGAR
REYES
Meet The Group 8!

KYLE LACHITA
Group Leader


T
H
E

KIM RONALYN
M VALLADORES ADA PASCUAL
BAUTISTA

E
M
B
E
R
S AARON
FERNANDEZ
JEREMIAH
ARCIAGA
JAHNZEL ROSAL
 END OF CHAPTER 8.
THANK YOU FOR
LISTENING!

Thank
You!
HAYNES, T. (N.D.). SOCIAL RESPONSIBILITY AND ORGANIZATIONAL ETHICS.
RETRIEVED MAY 8, 2010, FROM ANSWERS.COM:
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ORGANIZATIONAL-ETHICS