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    Relationship between

    responsibility and ethics

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    Why ethical problems occur in

    business?

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    Corporate Social Responsibility(CSR)

    Carrolls Four Part DefinitionUnderstanding the Four Components

    Responsibility

    SocietalExpectatio

    n

    Examples

    Economic Required Be profitable. Maximizesales, minimize costs, etc.

    Legal Required Obey laws and regulations.

    Ethical Expected Do what is right, fair andjust.

    Discretionary

    Desired/

    Expected

    Be a good corporate citizen.Business and Society: Ethics and Stakeholder Management, 5E Carroll & Buchholtz

    Copyright 2003 by South-Western, a division of Thomson Learning. All rights reserved2-16

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    Pyramid of CSR

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    http://www.thecoca-colacompany.com/citizenship/our_marketplace.html

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    http://www.thecoca-colacompany.com/citizenship/our_workplace.html

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    http://www.thecoca-colacompany.com/citizenship/our_workplace.html

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    http://wzus.ask.com/r?t=a&d=us&s=a&c=p&ti=1&ai=30751&l=dir&o=333&sv=0a30050f&ip=ca53ae2a&u=http%3A//www.enjoyart.com/library/coca_cola_soda/large/twocokegirls.jpghttp://wzus.ask.com/r?t=a&d=us&s=a&c=p&ti=1&ai=30751&l=dir&o=333&sv=0a300526&ip=ca53ae2a&u=http%3A//www.drbongs.com/product_descriptions/accessories/stash/images/cocacola_stash_can.JPG

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    http://www.thecoca-colacompany.com/citizenship/environment.htmlhttp://www.thecoca-colacompany.com/citizenship/our_communities.htmlhttp://www.thecoca-colacompany.com/citizenship/our_workplace.htmlhttp://www.thecoca-colacompany.com/citizenship/our_marketplace.html

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    Health effects

    Business practicesEnvironmental issues & Case

    Studies

    C t S i l R ibilit

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    Corporate Social Responsibility(CSR)

    CSR in Equation Form Is the Sumof:

    Economic Responsibilities (Make a profit)

    Legal Responsibilities (Obey the law)

    Ethical Responsibilities (Be ethical)Discretional Responsibilities (Good corporate citizen)

    CSR

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    A case

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    Cola cola provides its employees with

    Home Home Shift changes

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    Home

    transportation

    Home

    improvement

    loans

    Shift changes

    House loans Loans for union

    facilities

    improvements

    Government

    relations

    Paid leaves Security training Plant security

    Unpaid leaves

    Communication

    support

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    http://images.google.com.pk/imgres?imgurl=http://www.hsbccommittochange.com/_images/image-switcher/Magnum-LON65900.jpg&imgrefurl=http://www.hsbccommittochange.com/in-pictures/index.aspx&h=312&w=416&sz=22&tbnid=hpC0-91iqCFEKM:&tbnh=94&tbnw=125&hl=en&start=9&prev=/images%3Fq%3Dwater%2Bshortages%2Bin%2Bindia%26gbv%3D1%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26oe%3DISO-8859-1

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    http://images.google.com.pk/imgres?imgurl=http://www.hsbccommittochange.com/_images/image-switcher/Magnum-LON65900.jpg&imgrefurl=http://www.hsbccommittochange.com/in-pictures/index.aspx&h=312&w=416&sz=22&tbnid=hpC0-91iqCFEKM:&tbnh=94&tbnw=125&hl=en&start=9&prev=/images%3Fq%3Dwater%2Bshortages%2Bin%2Bindia%26gbv%3D1%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26oe%3DISO-8859-1

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    http://images.google.com.pk/imgres?imgurl=http://www.hsbccommittochange.com/_images/image-switcher/Magnum-LON65900.jpg&imgrefurl=http://www.hsbccommittochange.com/in-pictures/index.aspx&h=312&w=416&sz=22&tbnid=hpC0-91iqCFEKM:&tbnh=94&tbnw=125&hl=en&start=9&prev=/images%3Fq%3Dwater%2Bshortages%2Bin%2Bindia%26gbv%3D1%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26oe%3DISO-8859-1

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    http://images.google.com.pk/imgres?imgurl=http://www.siliconeer.com/past_issues/2004/DECEMBER2004-FILES/dec04_coke_2.jpg&imgrefurl=http://www.siliconeer.com/past_issues/2004/december2004.html&h=300&w=400&sz=41&tbnid=lGk9ubEmMY8qeM:&tbnh=93&tbnw=124&hl=en&start=39&prev=/images%3Fq%3Dindia%2Band%2Bcoca%2Bcola%26start%3D20%26gbv%3D1%26svnum%3D10%26hl%3Den%26ie%3DUTF-8%26oe%3DISO-8859-1%26sa%3DNhttp://www.mises.org/images4/NoCoke.jpg

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    http://www.mises.org/images4/NoCoke.jpg

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    Still the company isfacing a lot of

    issues in thirdworld countries


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