Social Responsibility and Social Responsiveness

Early 1900s, the mission of business firms was exclusively economic. Today,

partly owing to the interdependence of the many groups in our society, the social

involvement of business has increased.

Corporate Social Responsibility

Responsibility of an organization for the impacts of its decisions and activities on

society and the environment through transparent and ethical behavior that is consistent

with sustainable development and welfare of society

Social Responsiveness

Ability of a corporation to relate its operations and policies to the social

environment in ways that are mutually beneficial in the company and society.

SOCIAL RESPONSIBLITY SOCIAL RESPONSIVENESS

Moral or ethical duty an individual or a
social entity as members of society to
behave in a way that will not harm, but
benefit the society.
Acting and behaving in a way that will not
harm but benefits others.
Main aim is to be accountable for the
betterment of society and environment by
not committing any acts that will harm
others as well as destroy the
environment.
Manner in which a person/an entity can
respond to a social need and contribute
to the welfare of the others as well as to
the improvement of the society and
environment
Working towards the welfare of others by
contributing to addressing existing social
issues.
Main aim is to be able to contribute to the
welfare of others and the betterment of
the society and environment by
addressing critical social problems.

The main difference between social responsibility and social responsiveness is

that the latter implies actions and the “how” of enterprise responses.