The definition of social responsibility is the obligation of an organization’s management team has towards the interests and welfare of the society or community that provides it with resources and environment to not only survive but to grow. Society is also affected by different resources. Social responsibility and ethics applies in both individual and groups. It should be incorporated into daily actions and/or decisions, especially ones that will have an effect on other persons and/or the environment. Businesses have a system of social responsibility that is incorporated to their company environment and everyday use. If its maintained within a company than the employees and the environment are equal to the companies economics. Maintaining social responsibility in a company ensures the integrity of society and the environment that is protected as a whole. Social responsibility can be negative, in that is a responsibility to refrain from a situation, or it can be very positive which means there is responsibility to act. Social responsibility, both individual and corporate is voluntary.
- Importance of Walmart customer loyalty When a consumer buys product for many years from one organisation even than use different organisations product it shows customer loyalty with the organisation
- Appropriate measures should be taken to ensure that unconscious bias is a non-factor is the workplace