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Introduction
   In this presentation we cover the
    topic of social responsibilities of
    corporation and business individuals
    the topic consist of four measure
    dimensions which are as further.
Economic Components
               (Responsibilities)
1. It is important to perform in a manner
consistent with maximizing earnings per
Share

2. It is important to be committed to being
as profitable as possible.

3. It is important to maintain a strong
competitive position.

4. It is important to maintain a high level of
operating efficiency.

5. It is important that a successful firm be
defined as one that is consistently
profitable.
Legal Components
                       (Responsibilities)

1. It is important to perform in a manner
consistent with expectations of government
and law.
2. It is important to comply with various
federal, state, and local regulations
3. It is important to be a law-abiding
corporate citizen
4. It is important that a successful firm be
defined as one that fulfills its legal
obligations.
5. It is important to provide goods and
services that at least meet minimal legal
requirements.
Ethical Components
                      (Responsibilities)
1. It is important to perform in a manner
consistent with expectations of societal
mores and ethical norms.
2. It is important to recognize and respect
new or evolving ethical moral norms
adopted by society.
3. It is important to prevent ethical norms
from being compromised in order to
achieve corporate goals.
4. It is important that good corporate
citizenship be defined as doing what is
expected morally or ethically.
5. It is important to recognize that corporate
integrity and ethical behavior go beyond
mere compliance with laws and regulations.
Philanthropic Components
                    (Responsibilities)
1. It is important to perform in a manner
consistent with the philanthropic and
charitable expectations of society.

2. It is important to assist the fine and
performing arts.

3. It is important that managers and
employees participate in voluntary and
charitable activities within their local
communities.

4. It is important to provide assistance to
private and public educational institutions.

5. It is important to assist voluntarily those
projects that enhance a community’s
"quality of life."
Question Answer session
Social responseblities of copration

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Social responseblities of copration

  • 1.
  • 2. Introduction  In this presentation we cover the topic of social responsibilities of corporation and business individuals the topic consist of four measure dimensions which are as further.
  • 3. Economic Components (Responsibilities) 1. It is important to perform in a manner consistent with maximizing earnings per Share 2. It is important to be committed to being as profitable as possible. 3. It is important to maintain a strong competitive position. 4. It is important to maintain a high level of operating efficiency. 5. It is important that a successful firm be defined as one that is consistently profitable.
  • 4. Legal Components (Responsibilities) 1. It is important to perform in a manner consistent with expectations of government and law. 2. It is important to comply with various federal, state, and local regulations 3. It is important to be a law-abiding corporate citizen 4. It is important that a successful firm be defined as one that fulfills its legal obligations. 5. It is important to provide goods and services that at least meet minimal legal requirements.
  • 5. Ethical Components (Responsibilities) 1. It is important to perform in a manner consistent with expectations of societal mores and ethical norms. 2. It is important to recognize and respect new or evolving ethical moral norms adopted by society. 3. It is important to prevent ethical norms from being compromised in order to achieve corporate goals. 4. It is important that good corporate citizenship be defined as doing what is expected morally or ethically. 5. It is important to recognize that corporate integrity and ethical behavior go beyond mere compliance with laws and regulations.
  • 6. Philanthropic Components (Responsibilities) 1. It is important to perform in a manner consistent with the philanthropic and charitable expectations of society. 2. It is important to assist the fine and performing arts. 3. It is important that managers and employees participate in voluntary and charitable activities within their local communities. 4. It is important to provide assistance to private and public educational institutions. 5. It is important to assist voluntarily those projects that enhance a community’s "quality of life."