Ch 11: Social Responsibility in Corporations

About This Chapter

These lessons were created by our expert instructors to teach you about social responsibility in corporations. We make use of unique study tools to make this a fun learning experience for you.

Social Responsibility in Corporations - Chapter Summary and Learning Objectives

Business success today is no longer only about financial success, but also includes taking responsibility for society and the environment. This chapter contains video lessons that instruct on corporate responsibility. We include a quiz to take at lesson end to test your understanding. You can look back at anything by using the video transcript or video timeline tool to replay any portion of the video. After completion of this chapter, you will know about:

  • The origins of social responsibility
  • Who has social responsibility in organizations
  • Levels of corporate social responsibility and critiquing performance
  • The meaning of serving the bottom of the pyramid
  • Business sustainability as it relates to society and the environment
  • Viewpoints on global sustainability
  • Triple bottom line framework

Lesson Objective
The Origins of Social Responsibility Outline the origins of social responsibility, even back to ancient times.
Social Responsibility in Organizations Assess who in organizations should take social responsibility.
The Levels of Corporate Social Responsibility Distinguish the stages companies go through towards taking corporate social responsibility.
Corporate Social Performance: Definition & Responsibilities Consider how to critique corporate social performance.
Serving the Bottom of the Pyramid: Strategy & Concept Devise what serving the bottom of the pyramid means and how it relates to business ethics.
Business Sustainability: Definition & Concept Argue how business success relates to the broader impact on people and the environment.
Differing Viewpoints on Global Sustainability Compare various viewpoints on global sustainability.
Triple Bottom Line Framework & Corporate Responsibility Illustrate resourcing corporate responsibility from an accounting standpoint.

8 Lessons in Chapter 11: Social Responsibility in Corporations
Test your knowledge with a 30-question chapter practice test
The Origins of Social Responsibility

1. 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.

Social Responsibility in Organizations

2. 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.

The Levels of Corporate 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.

Corporate Social Performance: Definition & Responsibilities

4. 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.

Serving the Bottom of the Pyramid: Strategy & Concept

5. 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.

Business Sustainability: Definition & Concept

6. Business Sustainability: Definition & Concept

Business success today depends not only on corporate earnings, but on a company's broader impact on people and the environment. Learn about the meaning and types of business sustainability in this lesson.

Differing Viewpoints on Global Sustainability

7. Differing Viewpoints on Global Sustainability

The following lesson will define the issue of the Earth's limited capacity to support a growing global population and the differing viewpoints as to how it can be solved. A short quiz will follow the lesson to check for your understanding.

Triple Bottom Line Framework & Corporate Responsibility

8. Triple Bottom Line Framework & Corporate Responsibility

In this lesson, we look at an accounting framework called triple bottom line. We focus on its three pillars of sustainability: people, planet, and profit. During the lesson, you'll see how triple bottom line connects with corporate responsibility.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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