About This Chapter
Social Responsibilities of a Business - Chapter Summary and Learning Objectives
This chapter outlines the societal obligations of businesses and corporations. Easy-to-follow video lessons explain the ideas of social responsibility, corporate citizenship, and corporate social performance. Use our quick multiple-choice assessments to test your understanding of the concepts. By the end of this chapter, you will know:
- How the idea of social responsibility came to form
- The different levels of corporate social responsibility
- What B Corporations are and why they matter
- How companies can serve the planet's poorest inhabitants
|Social Responsibility in Organizations||Students consider the social responsibilities of organizations.|
|The Origins of Social Responsibility||The lesson outlines the history of the idea of social responsibility.|
|The Levels of Corporate Social Responsibility||Students explore the levels of corporate responsibility.|
|Business Ethics: Corporate Social Responsibility||This video describes business ethics and their applications.|
|Corporate Citizenship: Definition & the Five Stages||Students consider the idea of corporate citizenship.|
|Corporate Social Performance: Definition & Responsibilities||The lesson explains the goals of corporate social performance.|
|Global Responsibilities of a Business||Students learn about the global responsibilities and impacts of organizations.|
|The B Corporation & Business Ethics||This lesson defines B Corporations and traces how they relate to ethics.|
|Serving the Bottom of the Pyramid: Strategy & Concept||Students consider how companies can serve the globe's most underprivileged people.|
1. Social Responsibility in Organizations
Watch this video lesson to learn how companies put into practice their social responsibilities. Learn how a socially responsible company helps the environment, people, and employees along with giving freely to society.
2. The Origins of Social Responsibility
Although the idea of business helping society can be traced back to ancient times, the full thrust of corporate social responsibility was born in the 1950s. In this lesson, you will learn the origins of social responsibility.
3. The Levels of Corporate Social Responsibility
Most companies do not start as socially-responsible companies. In fact, the path to embracing corporate social responsibility consists of four different levels that companies progress through that will benefit their stakeholders.
4. Business Ethics: Corporate Social Responsibility
Now that companies are concerned with society's welfare, corporate social responsibility is a controversial topic. In this lesson, learn the two theories of social responsibility and the arguments for and against the practice.
5. Corporate Citizenship: Definition & the Five Stages
Corporate citizenship is being adopted by more companies who have come to understand the importance of the ethical treatment of stakeholders. In this lesson, you will learn the definition and the five stages of corporate citizenship.
6. Corporate Social Performance: Definition & Responsibilities
How can managers judge if their company is providing good corporate citizenship or being socially responsible? In this lesson, you will learn about how a corporate social performance model is used to critique if a company is providing shareholder satisfaction.
7. Global Responsibilities of a Business
As the world has become a much more connected place, people have begun to look to businesses to play a more responsible role. This lesson is on how the global responsibilities of business are evolving.
8. The B Corporation & Business Ethics
B corporations are a new type of corporation that allow profits to be coupled with good works from the onset of a company's life. In this lesson, we look at what it takes to establish a B corporation.
9. Serving the Bottom of the Pyramid: Strategy & Concept
More and more people are finally able to spend money on what many in the West have been buying for years. As the bottom of the global economic pyramid continues to grow, so does the potential for profit.
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Other chapters within the DSST Business Ethics and Society: Study Guide & Test Prep course
- Ethics in Business
- Moral Philosophies & Business Ethics
- Government Regulation of Business
- The Relationship Between Employer & Employees
- The Ethics of Advertising, Marketing & Privacy
- Ethics in International Business
- Corporations & Stakeholders
- Global Business & Environmental Ethics
- Business, Government & Society