A Business Is Like A Living Organism Essay

Corporate Social Responsibility is an important term that few know of. This term stands for everything that’s moral, from using less harmful chemicals in their products to protecting the rights of the workers and the society we live in. However, some companies do not live by this word. This, coupled with the massive amount of consumers buying their products, can cause a multitude of problems not only for the company workers, but to the world itself. As such, companies should become more aware of their effects on the world around them and change their moral responsibilities to treat their workers more humanely, protect the lives of the people in their towns, cities and countries and save the environment from further destruction and pollution.

In recent years, increasing number of customers and businessmen start to concern about the ethical issues in businesses. Although the main purpose of business is to make profits, the social influence of it also appears to be focused by a large proportion of customers and businessmen. Corporate social responsibility (CSR), which is closely connected with this concentration, was put forward in 1953 with the meaning of interacting social, environmental, and economic considerations into the decision-making structures and processes of business (Industry Canada, 2013). Although criticized, there is a business case for CSR because it could enhance customers’ loyalty, improve

In the article, “The Social Responsibility of Business Is to Increase Profits,” Friedman states that “businessmen believe that they are defending free enterprise when they proclaim that business is not concerned merely with profit but also with promoting desirable social ends.” This social responsibility is defined as Corporate Social Responsibility (CSR), which is the belief that “corporations owe a greater duty to their communities and stakeholders” by having a “social conscience.” This, among other things, includes being environmentally responsible, contributing to non-profit organizations, and eliminating discrimination.

Corporate Social Responsibility (CSR) is the concept of businesses considering economic, social and environmental benefits for all their stakeholders. Friedman’s position on CSR appears very negative, his argument is the only social responsibility businesses have is to exploit their capabilities to increase profits, therefore implying businesses solely aim to increase profits while disregarding social and environmental factors (Friedman, 1970). I disagree with this view because I believe businesses are required to undertake social responsibilities, such as recycling and using fair trade ingredients, to provide customer satisfaction and create a good public image. If customers were not satisfied with the products or services, they purchase or thought they were buying from an unethical company this could decrease demand and profits. Therefore, CSR is important to businesses because businesses need customers to survive and a method of retaining or gaining customers is to be socially responsible.

Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.

There is increasing pressure on organizations to make a POSITIVE contribution to society or reduce their NEGATIVE impact on society. Even around the world the governments are also moving towards the enforcement of certain parts of CSR. The most focused part of CSR is regards to the protection of the environment. Many businesses in the past have primarily concerned with increasing shareholders’ value. Shareholders are people who own a part of the business and share in its profits (G. Katherina. 2010). In big corporations, this could potentially include thousands of people who receive dividends and who hold shares in the business (Smallbizconnect. 2014).

Corporate Social Responsibility is a philosophy that relates to a business being a part of the society, so acts in a way that not only advances its own firm but also serves the society as well. Good ethics is the cornerstone of sustainable development. In the long run, unethical behavior may harm customers and the society as a whole. Furthermore, it damages a company’s image, efficiency and effectiveness in operations. In some extreme cases, it may jeopardize the company’s survival. As a matter of fact, the behavior of a firm will be judged by the groups of the society. Their judgments and responses will have an impact on the performance of the

Socially responsible organizations are doing not only profit-making activities for their own organization but also activities that benefit the whole of society. Starbucks, which is an American coffee company, is an example of an organization that is doing socially responsible. They have been involved in socially responsible activities, which are categorized three parts; community involvement, ethic sourcing and the environment.　Firstly, in ethic sourcing, they have built lasting relationships with their coffee producers since they were founded. They are engaged in being responsible for their coffee, tea, cocoa, and manufactured goods, and producing and purchasing them ethically, which is related to providing customers with coffee beans of

There are many reasons for companies and corporations to become involved in socially responsible causes such as giving back to the community, boosting company morale, and an increase in sales and/or community support.

Such businesses can easily get interest of stakeholders, the businesses which are involved in corporate social responsibility regards environmental as well and encourage an awareness of environmental concepts in all stakeholders no matter investors or customers, employees or some other. There are some people who argue that CSR cannot help to achieve profit in business whereas the others claim that CSR is used to get long run profits, the CSR ethics may vary from region to region as well but there are some common CSR -activities no matter the business is operating where for example there is an environmental concept no 6+matter the business is being operated in Australia or Finland, it focuses on making production line greener by using renewable sources and reducing paper use. On the other hand the common CSR activity all around the world is community involvement; this is involving in fair trade policy, employing local workers and making sure that local charities are done. Ethical marketing is another important CSR practice which is performed all around the world, this is ethical marketing, in this the fair message is conveyed, there is neither exaggeration nor any wrong incision. According

A corporation that says it is socially responsible, claims that they are concerned for society's welfare; which also includes the environment, because now days, we are a lot more concerned about our environment and how everything affect it. The corporation will make sure to insure those values within the company and also to its partners. ("Social responsibility in Marketing," 2012 - 1998) Also, if a corporation says it is ethically responsible and it really is, it shows to their customers and partners their integrity

With enormous ethical issues and pressures facing the industry, many corporations have turned to enacting policies regarding corporate social responsibility. By adopting activities that work to aid society and the environment, corporations ultimately increase profits and improve brand image. Several organizations in the apparel industry have used socially responsible activities to rebuild reputations.

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

Customers prefer the companies that are socially responsible: According to Forbes article: 88% of consumers think companies should try to achieve their business goals while improving the society and the environment

Corporations leech off of social issues by relating themselves to the cause. This is known as cause related marketing and it allows companies to rebrand themselves by placing positive implications on to the company. It displays that they are attempting to make the world a better place by ridding the evil in the world. Thousands of corporations follow this dominant theory and we are surrounded by it. Consumers may purchase a cup of coffee from Blenz Coffee over their preferred