Keywords: Corporate strategy, Social state, Roles, Stakeholders, Ethics
Abstract: Reviews the development of the integrated fond responsibility (CSR) concept
and its four components: economic, legal, estimable and unselfish duties. Discusses different
perspectives on the proper subprogram of melodic phrase in society, from profit making to community
service provider. Suggests that much of the mental confusion and controversy over CSR stem
from a failure to distinguish among ethical, unselfish and strategical forms of CSR. On the
basis of a thorough examination of the arguments for and against altruistic CSR, concurs
with Milton Friedman that altruistic CSR is not a legitimate role of business. Proposes
that ethical CSR, grounded in the concept of ethical duties and responsibilities, is
mandatory. Concludes that strategic CSR is good for business and society. Advises that
marketing take a lead role in strategic CSR activities. Notes difficulties in CSR practice
and offers suggestions for marketers in planning for strategic CSR and for academic
researchers in elevate clarifying the boundaries of strategic CSR.
Introduction
It is no news that todays business organizations be pass judgment to exhibit
ethical behavior and moral management. However, over the past half(a) century
the bar has been steadily raised. Now, not only are firms expected to be
virtuous, but also they are being called to practice ``social responsibility or
``corporate citizenship(Carroll, 2000, p. 187), accepting some
accountability for societal welfare.
Marketers, as boundary spanners
responsible for the enterprises relations with various publics, have a primary
interest in, and should take a study role in, defining and implementing their
firms social responsibility efforts. Unfortunately, too often marketers
still focus solely on their products and markets while neglecting the social
impact of their activities (Flores, 2001).
Perhaps this is because the concept of corporate social responsibility (CSR)
is a fuzzy one with undecipherable boundaries and debatable legitimacy. The...
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