Question

The research department of Mark ‘2’ Limited in a recent stakeholder meeting argued that socially responsible businesses win the trust and respect of their employees, customers, and society and, in the end, increase profitability. With the knowledge you have acquired in this course, discuss an organization’s social responsibilities to its key stakeholders, the environment, and the community. EV(8Marks)

Answer 1

The organization’s social responsibilities to its key stakeholders, the environment, and the community are:

• The issue of Organizational governance.
• The issue of Human rights.
• The issue of Labor practices.
• The issue of Environment.
• The issue of Fair operating practices.
• The issue of  Consumer issues.

What is an organization's social responsibilities to the environment and the community?

Social responsibility is known to be a term that is often used  in businesses, and it is often used in line with the maximizing of shareholder value.

Note that this is one that entails that firms should act in a manner that is said to often benefits society. Socially responsible companies should use policies that tend to boast or promote the well-being of society and that of the environment.

Therefore, The organization’s social responsibilities to its key stakeholders, the environment, and the community are:

• The issue of Organizational governance.
• The issue of Human rights.
• The issue of Labor practices.
• The issue of Environment.
• The issue of Fair operating practices.
• The issue of  Consumer issues.

Learn more about social responsibilities from

brainly.com/question/12951431

#SPJ1