Business Social Responsibility

Describe Social Responsibility

Identify benefits and cost of social responsibility

Social Responsibility

Refers to the duty of a business to contribute to the well-being of a community.

A business must weigh the interests and concerns of many groups

Broadened view of social responsibility of business calls more attention to social concern

Includes

Environmental Protection

Inclusion of Minorities and Women in the Workplace

Employment of Special Needs

Healthy and Safe work environment

Social Concerns in the Community or the world

Environmental Protection

Conservation is saving scarce natural resources Goal of many companies

Example Vehicle corporations making vehicles that consume less gas or are electric

Non-renewable resource is a natural resource that cannot be replaced when used up

Gas, oils, minerals

Pollution Occurs when the environment is tainted with the by products of human actions

Some production cause pollution of lakes, rivers , and air

A social responsibility business takes actions to improve or change operations that cause pollution

Federal Government has set standards for water and air quality

The Environmental Protection Agency (EPA)

Workplace Diversity

Businesses are more and more sensitive to the role of women, ethic groups, physically challenged, and older workers.

Workplace Diversity - Ethnicity

Workforce should reflect the group in the community

A major challenge is facing businesses today involves learning how to manage a workforce made up of workers who represent the diverse cultures in society

Workplace Diversity- Gender

Removal of Barriers for Women

Employers are not allowed to exclude women applicants from physically demanding jobs unless they prove the job requires physical skills that women do not have

Glass Ceiling- invisible ceiling to how far a woman can be promoted

Workplace Diversity- Disabilities

Accommodate individuals who are physically challenged

Passage and enforcement of the Americans with Disabilities Act (ADA)

Other federal and state legislation

Must have wheelchair access

Must have accommodations for people with sight and hearing disabilities

Workplace Diversity- Age

Eliminate Bias against older workers

Age Discrimination in Employment Act bans employers from using age as a bias for employment decisions

Hiring

Promotions

Termination from job

Protects employees older than 40

Job Safety

Safe place to work

Free from risks that could cause an accident

Full protection from fire and other hazards

Know how to manage the unexpected

Safety employee training in case of an emergency

Variety of programs into practice to protect workers

Passed laws to enforce safety

OSHA is there to enforce the laws

Employee Wellness

A healthy workforce is a productive workforce

Workers who have a good physical health are valuable assets

Different programs to improve the health of their workforce

Stop smoking seminars

Weight loss sessions

Alcoholic counseling

Exercise and workout sessions

Seminars on Balanced diet

Sponsor sports teams to encourage employees to take part

Social Concerns in the Community

Susan G Komen Foundation - Breast Cancer Awareness

St. Jude

Make a Wish

Toys for Tots

Adopt a Family

Social Responsibility Evaluation

There are benefits and costs for social responsibility

Benefits

Expanded justice for groups of a society

Enhanced company image

Reduced need for government actions

Improved quality of life in a community and around the world

Increased awareness of social issues among workers, consumers, and others

Costs

Money must be spent- donations, non polluting equipment or safer equipment, repairs to remove risks, wellness programs, and social programs

Must make profit to stay in business

Spending at a suitable level so you don’t hurt your business and increase problems in the community