The document discusses the concept of corporate social responsibility. It outlines entrepreneurs' responsibilities towards various stakeholders like employees, creditors, customers, other businesses, the community, and government. Some key responsibilities include paying fair wages, providing safe working conditions, acting ethically, conserving resources, and giving back to the community. The document emphasizes that by practicing social responsibility, businesses can create positive impacts and a better future for all.
The document discusses the concept of corporate social responsibility. It outlines entrepreneurs' responsibilities towards various stakeholders like employees, creditors, customers, other businesses, the community, and government. Some key responsibilities include paying fair wages, providing safe working conditions, acting ethically, conserving resources, and giving back to the community. The document emphasizes that by practicing social responsibility, businesses can create positive impacts and a better future for all.
The document discusses the concept of corporate social responsibility. It outlines entrepreneurs' responsibilities towards various stakeholders like employees, creditors, customers, other businesses, the community, and government. Some key responsibilities include paying fair wages, providing safe working conditions, acting ethically, conserving resources, and giving back to the community. The document emphasizes that by practicing social responsibility, businesses can create positive impacts and a better future for all.
Social Responsibility towards the RESPONSIBILITY Environment: __________________________________________ o Practice sustainable business practices As entrepreneurs, we have a responsibility to o Conserve natural resources not just create profitable businesses, but also to contribute positively to society. This means Major Ethical Issues in Social being aware of the impact we have on various Responsibility stakeholders, and taking steps to ensure that we act in a socially responsible way. o Fairness o Personnel and Customer Relations Social Responsibility towards Employees: o Distribution Dilemmas o Fraud o Pay fair wages and benefits o Unfair Competition o Provide safe working conditions o Unfair Communication o Offer equal employment opportunities o Non-respect of Agreements o Environmental Degradation Social Responsibility towards Creditors and Suppliers:
o Pay debts on time and practice honest As entrepreneurs, we have a responsibility to
business practices. act in a socially responsible way. By doing so, we can create a positive impact on our Social Responsibility towards Depositors stakeholders and the world around us. and Customers:
o Protect customer information
o Be transparent "The best way to find yourself is to lose o Provide quality products and services. yourself in the service of others." By being socially responsible, we can make a positive Social Responsibility towards Other impact on the world around us and create a Businesses: better future for ourselves and future generations." o Compete ethically o Collaborate when possible. – Mahatma Gandhi