Businesses lack the expertise to manage social programs

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Reference no: EM131423029

Social responsibility relates to the role an organization plays in protecting and enhancing society. People have different opinions about the degree to which companies should have such a responsibility. Some argue that companies create many of society’s problems and, therefore, should be obligated to help solve them. Other people believe that businesses exist primarily to earn profits for their owners and that requiring greater social responsibility of businesses undermines that objective.

Where do you stand on this issue? Each of the following statements represents a view regarding the social responsibility of organizations. Your responses will help you assess your own position. Choose whether you agree or disagree with each of the following statements, but there are no right or wrong answers.

Businesses create problems and, therefore, should help solve them.

A)Agree

B)Disagree

Corporations are citizens in our society.

A)Agree

B)Disagree

Businesses often have the resources necessary to solve problems in society.

A)Agree

B)Disagree

Businesses are partners in our society, along with the government and the general population.

A)Agree

B)Disagree

The most important purpose of business in the United States is to generate profit for the owners.

A)Agree

B)Disagree

Involvement in social programs gives business too much power.

A)Agree

B)Disagree

Conflicts of interest may arise when businesses interact with local social programs or charities.

A)Agree

B)Disagree

Businesses lack the expertise to manage social programs.

A)Agree

B)Disagree

A company’s strategy for social responsibility includes both formal and informal dimensions. Imagine you are on the committee to determine your company’s social responsibility strategy. At its first meeting, the committee will focus on the formal organizational dimensions. Which of the following items might appear on the agenda? Check all that apply.

A)Requiring the accounting staff to attend a training session about banking regulations

B)Welcoming input from employees about their perceptions of how management handles misconduct

C)Training managers how to apply nondiscriminatory practices for granting promotions and pay raises

D)Establishing a policy that allows employees to take a paid day off each year to participate in volunteer work

After the social responsibility committee addresses the formal organizational dimensions, another meeting is held to discuss the informal organizational dimensions. Which of the following items would be relevant to the agenda for this subsequent meeting? Check all that apply.

A)Requiring the accounting staff to attend a training session about banking regulations

B)Encouraging employees to report questionable conduct to their managers

C)Creating an environment in which managers do not show vendors favoritism based on friendship or receiving personal gifts

D)Welcoming input from lower-level employees about their perceptions of management’s tolerance of misconduct

Reference no: EM131423029

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