SOCIAL

RESPONSIBILITY
Olavario, Janmarie M.
Reyes, Mark Joval
BUSINESS AND SOCIETY
Business depends on
society for:
Money
Men
Skills
Markets
 SOCIAL RESPONSIBILITY

Obligation and commitment of

managers to take steps for
protecting and improving society’s
welfare along and protecting their
own interest.
SOCIAL RESPONSIBILITIES OF BUSINESS

Employees

Government
BUSINESS Owner

Customers Community
SOCIAL RESPONSIBILITIES OF BUSINESS

TO EMPLOYEES
• Fair selection, training and
promotion
• Fair wages and incentives
• Safe and comfortable
working conditions
SOCIAL RESPONSIBILITIES OF BUSINESS

• Labour welfare schemes

• Proper recognition,
appreciation and
encouragement of special
skills
SOCIAL RESPONSIBILITIES OF BUSINESS

TO GOVERNMENT
• Complying with all
government regulations and
legal requirements
SOCIAL RESPONSIBILITIES OF BUSINESS

• Paying taxes honestly

• Executing government
contract
SOCIAL RESPONSIBILITIES OF BUSINESS

TO CONSUMERS
 Supply goods at reasonable
price
• Not to give a false
advertisement
• Producing and distributing
only quality goods
 Ensure that the product
supplied has no adverse
effects
 Provide full information
 Improve product distribution
SOCIAL RESPONSIBILITIES OF BUSINESS

 Providing the same weight,

composition etc of the
product as marked on the
package

 Understand customers needs

and to satisfy them
SOCIAL RESPONSIBILITIES OF BUSINESS

TO OWNERS
 The business should be
managed profitably

 Fair and regular return on

capital
SOCIAL RESPONSIBILITIES OF BUSINESS

• Financial position of the

business should be
consolidated

• Company should build its

image and reputation in the
market
SOCIAL RESPONSIBILITIES OF BUSINESS

TO COMMUNITY
 Prevent environmental
pollution and to preserve
ecological balance

 Provide jobs
SOCIAL RESPONSIBILITIES OF BUSINESS

 Assisting in the overall

development of the
locality
THANK
YOU! 