SOCIAL RESPONSIBILITY

FRAMEWORK
1.1 Social Responsibility Defined
1.2 Development of Social Responsibility
1.3 Global Nature of Social Rresponsibility

By: Gelmane Zaira Gucilatar

BSBAFM 2-3
 1.1 Social Responsibility
Defined
- Social Responsibility is defined as the adoption by
a business of a strategic focus for fulfilling the
economic, legal, ethical, and philanthropic
responsibilities expected of it by its stakeholders.
1.1 Social Responsibility
Defined

Archie Carroll’s
Pyramid of
Corporate Social
Responsibility
 1.1 Social Responsibility
Defined
- Social Responsibility Applies to All Types of Businesses
- Social Responsibility Needs a Strategic Focus
- Social Responsibility Fulfills Society’s Expectations
- Social Responsibility Requires a Stakeholder Orientation
 1.1 Social Responsibility
Defined
Social Responsibility Applies to All Types of Businesses

- It is important to recognize that all types of businesses—small

and large, sole proprietorships and partnerships, as well as large
corporations—implement social responsibility initiatives to further
their relationships with their customers, their employees, and their
community at large.
 1.1 Social Responsibility
Defined
Social Responsibility Needs a Strategic Focus

- Social responsibility is an important business concept and

involves significant planning and implementation. The definition of
social responsibility requires a formal commitment, or a way of
communicating the company’s social responsibility philosophy.
 1.1 Social Responsibility
Defined
Social Responsibility Fulfills Society’s Expectations

- Social responsibility involves society’s expectations of business

conduct. Many people believe that businesses should accept and
abide by four types of responsibility: financial, legal, ethical, and
philanthropic. To varying degrees, the four types are required,
expected, and/or desired by society
 1.1 Social Responsibility
Defined
Social Responsibility Requires a Stakeholder Orientation

- The final element of our definition involves those to whom an

organization is responsible, including customers, employees,
investors and shareholders, suppliers, governments, communities,
and many others.
 1.2 Development of Social
Responsibility
In 1959, Harvard economist Edward Mason asserted that business
corporations are “the most important economic institutions.
- First corporations in the United States were granted charters by
various state governments
- 1800s and early 1900s
- 1950s
- 1960s
- 1970s and 1980s
- 1980s and 1990s
- 1990s
- Beginning of the twenty-first century
 1.3 Global Nature of Social
Responsibility
- The increasing globalization of business has made social
responsibility an international concern.
- Global social responsibility also involves responsibilities to a
confluence of governments, businesses, trade associations, and
other groups.