The Pyramid Of Corporate Social Responsibility - 1262 Words

It’s the responsibility of the top managers in an organization/business to conduct the business in accordance with the intent to follow all the company guidelines. In fact, this would allow the organization to make as much money as possible while maintain the basic rules of society, both of the embodied of the law and those of the ethical custom. In today’s business world any corporations who spend shareholder’s money if they invested any money in their company would be face with penalties and charges. Shareholders don’t have money in the organization, they just invest their money when they shop or visit a retailer. In his 1991 article The Pyramid of Corporate Social Responsibility, Archie B. Carroll, a business management author and†¦show more content†¦I would implement Archie Carroll principles in my workplace, because dealing with the general public and working with people (co-workers) business organizations must be concern of their employees’ well- being, instead of focus solely on profits. Organizations such as my present employee must be concern with their corporate citizenship and corporate social responsibility. According to What Is Corporate Social Responsibility? By Regina Anaejionu she wrote that â€Å"Whereas a customer s greatest concern may be the safety of a company s products, an employee s need might be for a fair wage and safe working conditions.† Business should not only be responsible for caring about the concept of the environment such as the pollution and waste, they should show interest in their employers. Many of American people love to eat out, rather it is fast food or dining in a fancy restaurant. McDonald’s have a negative impact on the environment in more ways than one. McDonalds pollution from factories where the food is produced, the unusable waste from nearly all the food they sell, and the massive amounts of power and energy that are required to keep all of the branches up and running, this corporation is destroying natural rain forests. (Ethical footprint) McDonald’s is a multi-million dollars company, who purchase their meat from a private farm. There isn’t a problem for the company to purchase their product from a privateShow MoreRelatedCorporate Social Responsibilities : Carroll s Pyramid1422 Words   |  6 PagesModel 1. Carroll’s Pyramid Carroll (1991) organized different corporate social responsibilities as a four-layered pyramid model and called it the pyramid of responsibilities. The four different responsibilities - economical, legal, ethical and philanthropic are the layers of the pyramid. Corporate social responsibility involves the conduct of a business so that it is economically profitable, law abiding, ethical and socially supportive. To be socially responsible then means that profitability andRead MoreCorporate Social Responsibility And The Foundation Of The Csr Pyramid1936 Words   |  8 Pagesinterested where the corporate social responsibility (CSR) came from and why it is important to the business and to the society. During the workshop, I learnt how to define CSR. CSR can be defined using the CSR pyramid by Carroll in 1979. â€Å"Corporate social responsibility encompasses the economic, legal, ethical, and discretionary (philanthropic) expectations that society has of organizations at a given point in time† (Carroll, 1979). Those include economic responsibility, legal responsibility, ethical responsibilityRead MoreCarrolls pyramid of Corporate social responsibility: A review and modification1943 Words   |  8 Pages Carrolls corporate social responsibility pyramid (CSR) has been widely used by top management and journals to better define and explore CSR. The different components in the pyramid help managers see the different types of obligations that society expects of businesses. It is easily understandable and simple. However, the new challenges faced by corporations in the 21st century have warranted a re-examination of Carrolls pyramid. Carrolls CSR PyramidCarrolls four part CSR pyramid depicts theRead MoreCorporate Social Responsibility Definition1011 Words   |  5 PagesThis research study is about what the Corporate Social Responsibility (CSR) is, how people define and how I understand this term? According to my research and observations, CSR does not have only one and constant definition. I have read a lot of definitions of CSR and in fact, they are similar but not the same. Briefly, definition and understanding of CSR depends on person to person. Thus, I am going to talk about definitions of the CSR and I will define my own perspective about the CSR. Read MoreEssay on managerial ehics1410 Words   |  6 PagesComplete Discussion Questions 3, 4, and 5 on page 27 of Business and Society. 3. Identify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. How are the factors related to one another? Has the revolution of rising expectations run its course? Or is it still a vital reality? Affluence refers to the level of wealth, and standard of living of the society. As the standard of living is increasing every year, peopleRead MoreTheories And Frameworks Of Csr1315 Words   |  6 Pages2(a) - Pyramid of Corporate Social Responsibility The modern definition of CSR is rooted in Carroll’s Pyramid of Corporate Social Responsibility. This model outlined the four different elements of CSR which include economic responsibility, legal responsibility, ethical responsibility and philanthropic responsibility. (Carroll, 1979). The pyramid is widely used by businesses because it explains the key areas that firms are responsible to their stakeholders. According the Carroll’s Pyramid a corporateRead MoreCarrolls Interpretation of Corporate Social Responsibility1191 Words   |  5 PagesThis report will demonstrate how Carroll’s interpretation of corporate social Responsibility (CSR) is more suited to an Anglo-American interpretation of CSR compared to that of a Nigerian perspective as it is difficult to apply the ideas in the African context due to the country being less stable than the western world that we know. To demonstrate this I will look at the Shell case study in Nigeria and how â€Å"culture may have an important influence on CSR priorities† (Burton et al, 2000). In MarchRead MoreReview and Discussion of the Article The Future of Corporate Social Responsibility by Duane Windsor728 Words   |  3 PagesThe future of corporate social responsibility. International Journal of Organizational Analysis, 9 (3): 225-256. Duane Windsor, via the aforementioned article regarding the future of social responsibility, purports â€Å"there are three emerging alternatives or competitors to responsibility: (1) an economic conception of responsibility; (2) global corporate citizenship; and (3) stakeholder management practices (pg. 225).† Windsor first provides a historical reflection of social responsibility beginning inRead MoreEssay on Business Ethics and dilemma632 Words   |  3 Pages 2. Prepare a 3- to 5-page paper titled,  Corporate Social Responsibility. 3. Reflect upon your text readings from Chapters 1 and 9 with a focus on the following core concepts: Organizational Social Responsibility (Chapters 1 and 9) The Ethical Decision-making Process (Chapter 1) Corporate Reputation (Chapter 9) The Corporate Social Responsibility Pyramid (Chapter 9) The Importance of Trust (Chapter 9) The Pyramid of Corporate Social Responsibility (article by Carroll and Chapter 9) 4. Read  TheRead MoreCorporate Social Responsibility Programs Work843 Words   |  4 PagesCorporate Social Responsibility Programs Work Benjamin Franklin said It takes many good deeds to build a good reputation, and only one bad one to lose it (Good Deeds Quotes. n.d.). Multinational corporations have operations in multiple countries which in turn brings together many cultures. Saying a multinational corporation has no moral or social responsibility to engage in corporate social responsibility (CSR) programs goes against what a company should strive to be. In recent years, firms