Escolar Documentos
Profissional Documentos
Cultura Documentos
Robrigado
Discussant
Social Responsibility of
Management and
Responsibilities of Managers
Social Responsibility
can be defined as
the obligation of
management
towards the
society and
others
concerned.
Reason for Social Responsibilities:
1. Is it the truth?
2. Is it fair to all concerned?
3. Will it build goodwill and
better friendships?
4. Will it be beneficial to all concerned?
Increasing concern for the social
responsibility of management, it is now
recognized that besides taking care of the
financial interest of owners, managers of
business firms must also take into account
the interest of various other groups such
as employees, consumers, the
government and the community as a
whole.
These interested groups are directly or
indirectly affected by the pursuit of
business activities and they are the stake-
holders of the business
enterprise.
Responsibility towards owners:
Employees are
expected to
build up and
maintain
harmonious
relationships
between
superior and
subordinates.
Responsibility towards employees:
Then, be a socially
responsible manager.