Tuesday, May 19, 2020

Social Responsibility And Corporate Responsibility

Social responsibility should be important to businesses because it shows consumers and the media that the company takes a serious interest in doing what is right. These issues may be spread locally, nationally, or globally and could impact the health and wellness of customers and employees. Implementing a good social responsibility policy can impact buying decisions for consumers wanting to make purchases from an ethical company. Building a trustworthy reputation takes time, and effort, and is a valuable attribute for a business to have. Being ethical as a company is important for both, consumers and the media. It’s also important for employees to feel that they are working toward the good of the people. Belonging to a company that†¦show more content†¦It assists local and global non-profit organizations who’s goals are to protect wildlife, ecosystems, and make a positive impact on communities. Since its introduction, the fund has helped to support over $20 million in projects in over 112 countries. Just like the environment, all of Disney’s employees are an important part of their daily operations. Disney strives to make their guests and employees happy while making the company a desirable place to work. One of the ways Disney keeps its millions of visitors happy is by taking care of their their employees. Offering employees a good benefits package makes them feel they are an important part of the corporation.. The following is a small list of employee benefits: discounts for on site dining, shopping and hotels, local business discounts, free park admission, on-site childcare, health benefits, retirement plans, annual pay increases, stock purchase program, and education reimbursements. Employees that are content make a positive work environment which makes happy customers. While the Disney Corporation maintains high ethical standards and takes pride in their corporate social responsibility. Not all corporations are known to be as socially responsible. The Nestle Corporation has been in the news, time and time again with concerns of unethical behavior. The Nestle Corporation is worth over $89 billion and since its establishment in 1905 Nestle has become a popularShow MoreRelatedCorporate Social Responsibility : Corporate Responsibility773 Words   |  4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction. 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