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Introduction to Management
& society
Social development is the main aim of
any form of organization all over the
world.
Therefore, business has certain
responsibility towards the society.
Management are expected to follow the
value of the society they work in.
In India, everyone is competing for
products and profits, but many org
doesnt fulfilling their responsibilities.
Management
It means art or skills of directing
human activities and physical resources in
the attainment of predetermined goals.
According to Henry Fayol, To manage is
to forecast and plan, to organize, to
command, to coordinate, and control.
According to Louis Allen, Management
is what managers does in the
organisations.
Social Responsibility
These are basic obligations of business
organisations. These are described in
terms of obligations of business towards
the various interest groups.
According to K.R. Andrews,
conceptually social responsibilities may
be taken to mean intelligent and objective
concern for the welfare of the society.
consumption
To provide true & fair business dealings.
To provide product warranty & services.
Adequate information about the product.
community needs.
Provide expert service for local
problems.
Ensure healthcare facilitates &
educations.
Shareholders relations
take care of shareholders interest.
Employee
Communit
y
Owners
BUSINESS
Suppliers
Governmen
t
Customers
Tools of Ethics
a)
b)
c)
d)
e)
Values.
Rights & Duties.
Moral rules.
Human Relationships.
Common Morality:
1) promise keeping
2) normal evidence
3) mutual aid
4) respect for persons & property
Self dealing
Information manipulation
Opportunistic exploitation
Substandard working conditions
Environmental degradation
Corruption
THANKS