Corporate social responsility

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Cooperate Social Responsibility
Cooperate social responsibility in management means giving back to the society. One of the ways to endorse it is by developing a positive connection with socially responsible companies. This will reduce the costs incurred by the company by sharing it with other companies. Publicity would be required since it will encourage more customers to join the organization in enacting its social responsibility. By involving employees about the objectives will lead to achieving social responsibilities faster (Schwartz and mark). The benefits associated with social responsibility is by publicity it will be advertising the company and at the same time helping the society, hence will attract more customers to the business it performs. What the company portrays in carrying helping the society will either build its image positively or negatively and also it might get a sponsor who is willing to help them in carrying cooperate social responsibility thus reducing the costs it could have incurred. Therefore, in carrying out social responsibility activities, there is a need for the company to observe ethical behaviors (Schwartz and mark 60).
Ethical behaviors are standard that is acceptable to a society or a company according to company’s act. Individuals who have ethical behavior apply fairness and honesty to customers and their colleagues. They treat everyone equally without any discrimination. In company’s management, principles of integrity and confidentiality should apply.

There are benefits which come along with ethical behaviors. One is by maintaining customer loyalty. Customers require, confidentiality, honesty, and truth from a company, if u cheat a customer there is a likelihood of losing them. The company also retains employees because of the compensation that they get. A company which follows ethical principles also avoid legal problems like legal fines and expenses (Sims and Ronaldo 504). For instance, when caught doing illegal businesses those are the consequences which follow and this the management might lose a lot of money. Ethical behavior thus creates a positive working environment for both the company and management. There are also challenges of ethical behavior in the organization are conflicts that are faced by founders during its formation like disagreements in the business structure, the problem or recruiting and selecting employees who comply with the morals of the organization an compliance of laws. Some laws have so many restrictions which a company finds it hard to comply while other laws keep on changing. Therefore, management should keep high standards of behavior by employing qualified, skilled employees who grasp the morals of the company (Sims and Ronaldo 512).
Work cited
Schwartz, Mark S. Cooperate social responsibility. Routledge, 2017
Sims, Ronaldo R. “the challenge of ethical behavior in organization.” Journal of business ethics 11.7 (1992): 505-513.