1. Organizational Resources - An organization has a diverse pool of resources in form of men, money, competencies and functional expertise. When an organization has these resources in hand, it is in better position to work for societal goals. 2. Precautionary measure - if an organization lingers on dealing with the social issues now, it would land up putting out social fires so that no time is left for realizing its goal of producing goods and services. Practically, it is more cost-efficient to deal with the social issues before they turn into disaster consuming a large part if managements time. 3. Moral Obligation - The acceptance of managers’ social responsibility has been identified as a morally appropriate position. It is the moral responsibility of the organization to assist solving or removing the social problems. 4. Efficient and Effective Employees - Recruiting employees becomes easier for socially responsible organization. Employees are attracted to contribute for more socially responsible organizations. For instance - Tobacco companies have difficulty recruiting employees with best skills and competencies. 5. Better Organizational Environment - The organization that is most responsive to the betterment of social quality of life will consequently have a better society in which it can perform its business operations. Employee hiring would be easier and employee would of a superior quality. There would be low rate of employee turnover and absenteeism. Because of all the social improvements, there will be low crime rate consequently less money would be spent in form of taxes and for protection of land. Thus, an improved society will create a better business environment.
The socially responsible role of management in relation to the community are expected to be revealed by its policies with respect to the employment of handicapped persons, and weaker sections of the community, environmental protection, pollution control, setting up industries in backward areas, and providing relief to the victims of natural
Business enterprises are creatures of society and should respond to the demands of society. If the management does not react to changes in social demands, the society will either force them to do so through laws or will not permit the enterprise to survive. Therefore the longterm interests of business are best served when management assume social responsibilities. The image of business organization liked with the quality of its products and customer service and the extent to which it fulfills the expectations of owners, employees, consumers, government and the community at large. For longterm success it matters a great deal if the firm has a favourable image in the public mind.
The first responsibility to society is to operate at a profit, and only slightly less important is the necessity for growth. The business is the wealth-creating and wealth-producing organ of the society. Management must maintain its wealth-producing resource intact by making adequate profits to offset the risk of economic activity. And it must beside increase the wealth-producing capacity of these resources and with them the wealth of society
The social responsibilities of a manager are: 1. Responsibility to the owners: By utilizing funds in the best possible way and ensuring fair rate of return regularly. 2. Responsibility to the employers:By recognizing the social needs of the workers and provide them with reasonable rates of pay and also provide a healthy working atmosphere. 3.Responsibility to the customers: Providing them with superior quality goods at reasonable prices and also to avoid any kind of false advertisements and publicity of the products. 4.Responsibility to suppliers: Provide accurate info about the financial health of the organisation. 5.Responsibility to the government: By following fair trade policies and practices and pay the taxes honestly and obey the laws. 6. responsibility to the society: Eliminate poverty , preserve the environment from pollution and promote equal employment opportunities.
The social responsibilities of a manager are: 01)He/She should not exploit his/her employees. 02)He/She should provide the workers with reasonable rates of pay & also a healthy working atmosphere. 03)He/She should not make false claims for personal/organisation's benefit. 04)He/She should possess all the responsibilities of a good citizen. 05)He/She should maintain a balance between personal & professional life. 06)He/She should not only think about their organisation but should work for the progress of their country.
1.He/she should not exploit his/her customers. 2.He/She should be loyal towards his/her work and family. 3.He/she should not only think about himself/herself ,but also for the society. 4.He/She should respect and help the employee working under him/her. 5.He/She should behave as a good citizen. PAWANDEEP SINGH 1017627
The first responsibility to society is to operate at a profit, and only slightly less important is the necessity for growth. The business is the wealth-creating and wealth-producing organ of the society. Management must maintain its wealth-producing resource intact by making adequate profits to offset the risk of economic activity. And it must beside increase the wealth-producing capacity of these resources and with them the wealth of society. Source(s): http://socialresponsibility.vinsign.com/…
1.He/she should not exploit his/her customers. 2.He/She should be loyal towards his/her work and family. 3.He/she should not only think about himself/herself ,but also for the society. 4.He/She should respect and help the employee working under him/her. 5.He/She should behave as a good citizen. priya 1017620
The primary responsibilities of management is to assure a fair and reasonable rate of return on capital and fair return on investment can be determined on the basis of difference in the risks of business in different fields of activity. With the growth of business the shareholders can also expect appreciation in the value of their capital.
Responsibility towards employees
Management responsibility towards employees relate to the fair wages and salaries, satisfactory work environment, labour management relations and employee welfare. Fair wages should be fixed in the light of labor productivity, the prevailing wage rates in the same or neighbouring areas and relative importance of jobs. Manager’s salaries and allowances are expected to be linked with their responsibility, initiative and skill. But the spread between minimum wages and highest salaries should be reasonable. Employees are expected to build up and maintain harmonious relationships between superior and subordinates. Another aspect of responsibility towards employees is the provision of welfare amenities like safety and security of working conditions, medical facilities, housing, canteen, leave and retirement benefits.
Responsibility towards consumers
In a competitive market, serving consumers is supposed to be a prime concern of management. But in reality perfect competition does not prevail in all product markets. In the event of shortage of supply there is no automatic correction. Besides consumers are often victims of unfair trade practices and unethical conduct of business. Consumer interests are thus protected to some extent with laws and pressure of organized consumer groups. Management should anticipate these developments, satisfy consumer needs and protect consumer interests. Goods must be of appropriate standard and quality and be available in adequate quantities at reasonable prices. Management should avoid resorting to hoarding or creating artificial scarcity as well as false and misleading advertisements.
Responsibility towards the Governments
As a part of their social responsibility, management must conduct business affair in lawful manner, honestly pay all the taxes and dues, and should not corrupt public officials for selfish ends. Business activities must also confirm to the economic and social policies of the government.
Responsibility towards the community and society
The socially responsible role of management in relation to the community are expected to be revealed by its policies with respect to the employment of handicapped persons, and weaker sections of the community, environmental protection, pollution control, setting up industries in backward areas, and providing relief to the victims of natural calamities etc.
Criticism But, manager’s social responsibility is not free from some criticisms, such as…
High Social Overhead Cost The cost on social responsibility is a social cost which will not instantly benefit the organization. The cost of social responsibility can lower the organizational efficiency and effect to compete in the corporate world.
Cost to Society The costs of social responsibility are transferred on to the society and the society must bear with them.
Lack of Social Skills and Competencies The managers are best at managing business matters but they may not have required skills for solving social issues.
Profit Maximization The main objective of many organizations is profit maximization. In such a scenario the manager’s decisions are controlled by their desire to maximize profits for the organizations shareholders while reasonably following the law and social custom.
The social responsibilities of a manager are: *Developing an organization having potential of carrying out strategy successfully. *Disbursement of abundant resources to strategy-essential activities. *Creating strategy-encouraging policies. *Employing best policies and programs for constant improvement. *Linking reward structure to accomplishment of results. *Making use of strategic leadership.
AJU M SUNIL 1017602 Organizational Resources, Precautionary measure,Moral Obligation,Efficient and Effective Employees and Better Organizational Environment..!!
The social responsibilities of a manager are: 01 He/She should maintain a balance between personal & professional life. 02)He/She should provide the workers with reasonable rates of pay & also a healthy working atmosphere. 03)He/She should not only think about their organisation but should work for the progress of their country. 04)He/She should possess all the responsibilities of a good citizen. 05)He/She should not exploit his/her employees. 06)He/She should not make false claims for personal/organisation's benefit.
08:48
Administrator(SHIV)
16 comments:
1. Organizational Resources - An organization has a diverse pool of resources in form of men, money, competencies and functional expertise. When an organization has these resources in hand, it is in better position to work for societal goals.
2. Precautionary measure - if an organization lingers on dealing with the social issues now, it would land up putting out social fires so that no time is left for realizing its goal of producing goods and services. Practically, it is more cost-efficient to deal with the social issues before they turn into disaster consuming a large part if managements time.
3. Moral Obligation - The acceptance of managers’ social responsibility has been identified as a morally appropriate position. It is the moral responsibility of the organization to assist solving or removing the social problems.
4. Efficient and Effective Employees - Recruiting employees becomes easier for socially responsible organization. Employees are attracted to contribute for more socially responsible organizations. For instance - Tobacco companies have difficulty recruiting employees with best skills and competencies.
5. Better Organizational Environment - The organization that is most responsive to the betterment of social quality of life will consequently have a better society in which it can perform its business operations. Employee hiring would be easier and employee would of a superior quality. There would be low rate of employee turnover and absenteeism. Because of all the social improvements, there will be low crime rate consequently less money would be spent in form of taxes and for protection of land. Thus, an improved society will create a better business environment.
He shouldn't exploit his customer.
he should find time-for family and friends.
He shouldn't forget his moral responsibility as a citizen.
EXCEL said.....
The socially responsible role of management in relation to the community are expected to be revealed by its policies with respect to the employment of handicapped persons, and weaker sections of the community, environmental protection, pollution control, setting up industries in backward areas, and providing relief to the victims of natural
Business enterprises are creatures of society and should respond to the demands of society. If the management does not react to changes in social demands, the society will either force them to do so through laws or will not permit the enterprise to survive. Therefore the longterm interests of business are best served when management assume social responsibilities. The image of business organization liked with the quality of its products and customer service and the extent to which it fulfills the expectations of owners, employees, consumers, government and the community at large. For longterm success it matters a great deal if the firm has a favourable image in the public mind.
The first responsibility to society is to operate at a profit, and only slightly less important is the necessity for growth. The business is the wealth-creating and wealth-producing organ of the society. Management must maintain its wealth-producing resource intact by making adequate profits to offset the risk of economic activity. And it must beside increase the wealth-producing capacity of these resources and with them the wealth of society
The social responsibilities of a manager are:
1. Responsibility to the owners: By utilizing funds in the best possible way and ensuring fair rate of return regularly.
2. Responsibility to the employers:By recognizing the social needs of the workers and provide them with reasonable rates of pay and also provide a healthy working atmosphere.
3.Responsibility to the customers: Providing them with superior quality goods at reasonable prices and also to avoid any kind of false advertisements and publicity of the products.
4.Responsibility to suppliers: Provide accurate info about the financial health of the organisation.
5.Responsibility to the government: By following fair trade policies and practices and pay the taxes honestly and obey the laws.
6. responsibility to the society: Eliminate poverty , preserve the environment from pollution and promote equal employment opportunities.
1017626
There are various SOCIAL RESPONSIBILITIES of a MANAGER.Some of them are listed below:
1) The Responsibility to the society in which he/she dwells.
2) The Responsibility to his/her customers.
3) The Responsibility to his/her employees.
Utkarsh Nigam
1017624
The social responsibilities of a manager are:
01)He/She should not exploit his/her employees.
02)He/She should provide the workers with reasonable rates of pay & also a healthy working atmosphere.
03)He/She should not make false claims for personal/organisation's benefit.
04)He/She should possess all the responsibilities of a good citizen.
05)He/She should maintain a balance between personal & professional life.
06)He/She should not only think about their organisation
but should work for the progress of their country.
NAME : Shivanshu
REG.NO : 1017631
The social responsibilities of a Manager are..
1.He/she should not exploit his/her customers.
2.He/She should be loyal towards his/her work and family.
3.He/she should not only think about himself/herself ,but also for the society.
4.He/She should respect and help the employee working under him/her.
5.He/She should behave as a good citizen.
PAWANDEEP SINGH
1017627
The first responsibility to society is to operate at a profit, and only slightly less important is the necessity for growth. The business is the wealth-creating and wealth-producing organ of the society. Management must maintain its wealth-producing resource intact by making adequate profits to offset the risk of economic activity. And it must beside increase the wealth-producing capacity of these resources and with them the wealth of society.
Source(s):
http://socialresponsibility.vinsign.com/…
* 2 years ago
the social responsibilities of a manager is
1. Organizational Resources
2. Precautionary measure
3. Moral Obligation
4. Efficient and Effective Employees
5. Better Organizational Environment
The social responsibilities of a Manager are..
1.He/she should not exploit his/her customers.
2.He/She should be loyal towards his/her work and family.
3.He/she should not only think about himself/herself ,but also for the society.
4.He/She should respect and help the employee working under him/her.
5.He/She should behave as a good citizen.
priya
1017620
Responsibility towards owners
The primary responsibilities of management is to assure a fair and reasonable rate of return on capital and fair return on investment can be determined on the basis of difference in the risks of business in different fields of activity. With the growth of business the shareholders can also expect appreciation in the value of their capital.
Responsibility towards employees
Management responsibility towards employees relate to the fair wages and salaries, satisfactory work environment, labour management relations and employee welfare. Fair wages should be fixed in the light of labor productivity, the prevailing wage rates in the same or neighbouring areas and relative importance of jobs. Manager’s salaries and allowances are expected to be linked with their responsibility, initiative and skill. But the spread between minimum wages and highest salaries should be reasonable. Employees are expected to build up and maintain harmonious relationships between superior and subordinates. Another aspect of responsibility towards employees is the provision of welfare amenities like safety and security of working conditions, medical facilities, housing, canteen, leave and retirement benefits.
Responsibility towards consumers
In a competitive market, serving consumers is supposed to be a prime concern of management. But in reality perfect competition does not prevail in all product markets. In the event of shortage of supply there is no automatic correction. Besides consumers are often victims of unfair trade practices and unethical conduct of business. Consumer interests are thus protected to some extent with laws and pressure of organized consumer groups. Management should anticipate these developments, satisfy consumer needs and protect consumer interests. Goods must be of appropriate standard and quality and be available in adequate quantities at reasonable prices. Management should avoid resorting to hoarding or creating artificial scarcity as well as false and misleading advertisements.
Responsibility towards the Governments
As a part of their social responsibility, management must conduct business affair in lawful manner, honestly pay all the taxes and dues, and should not corrupt public officials for selfish ends. Business activities must also confirm to the economic and social policies of the government.
Responsibility towards the community and society
The socially responsible role of management in relation to the community are expected to be revealed by its policies with respect to the employment of handicapped persons, and weaker sections of the community, environmental protection, pollution control, setting up industries in backward areas, and providing relief to the victims of natural calamities etc.
Criticism
But, manager’s social responsibility is not free from some criticisms, such as…
High Social Overhead Cost
The cost on social responsibility is a social cost which will not instantly benefit the organization. The cost of social responsibility can lower the organizational efficiency and effect to compete in the corporate world.
Cost to Society
The costs of social responsibility are transferred on to the society and the society must bear with them.
Lack of Social Skills and Competencies
The managers are best at managing business matters but they may not have required skills for solving social issues.
Profit Maximization
The main objective of many organizations is profit maximization. In such a scenario the manager’s decisions are controlled by their desire to maximize profits for the organizations shareholders while reasonably following the law and social custom.
The social responsibilities of a manager are:
*Developing an organization having potential of carrying out strategy successfully.
*Disbursement of abundant resources to strategy-essential activities.
*Creating strategy-encouraging policies.
*Employing best policies and programs for constant improvement.
*Linking reward structure to accomplishment of results.
*Making use of strategic leadership.
Manasa
1017618
AJU M SUNIL
1017602
Organizational Resources, Precautionary measure,Moral Obligation,Efficient and Effective Employees and Better Organizational Environment..!!
There are various SOCIAL RESPONSIBILITIES of a MANAGER.Some of them are listed below:
1) The Responsibility to the society in which he/she dwells.
2) The Responsibility to his/her customers.
3) The Responsibility to his/her employees.
The social responsibilities of a manager are:
01 He/She should maintain a balance between personal & professional life.
02)He/She should provide the workers with reasonable rates of pay & also a healthy working atmosphere.
03)He/She should not only think about their organisation
but should work for the progress of their country.
04)He/She should possess all the responsibilities of a good citizen.
05)He/She should not exploit his/her employees.
06)He/She should not make false claims for personal/organisation's benefit.
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