Some of these interests may be protected by law such as areas of air pollution and water pollution.
These must meet the accepted standards of cleanliness, light, heat, air conditioning, ventilation, safety, and sanitation facilities. The managers must have social responsibility because of the following reasons: But, managers social responsibility is not free from some criticisms, such as -.
What Is Horizontal Integration? The management is responsible and answerable to many groups.
Examples. 18 people found this helpful. The stable growth of a company will help the stockholders in two ways. Also, by providing free service to the product for a specified period of time, the customer’s confidence in the quality of the product con be strengthened. These laws include, but are not limited to: (a) paying proper taxes and paying them on time. In addition, it is the management’s duty to inform the shareholders about the company’s financial position from time to time and all other relevant matters regarding objectives, policies, and procedures, so that the stockholders can give some necessary input from time to time. These discriminations may have been on the basis of ethnic origin, race, provincialism, or sex.
It is the responsibility of the management to see that the interests of the consumers are promoted. Stock options. Accordingly, working conditions must be conducive to work.
What Happens When You Don’t Use An Employee Handbook Software? Use 'responsibility' in a Sentence.
It is Tom's responsibility to make sure there are supplies in the office room. These interested parties Social responsibility is a theory that asserts that businesses, in addition to maximizing shareholder value, have an obligation to act in a manner that benefits society. The product should be simple to operate and be made easily available through proper distribution channels and customer satisfaction should be the first rule of sales. The customers expect a quality product at a reasonable price with guaranteed satisfaction. © 2020 . Free education, for workers, if necessary, and for their children. Hence, management must conduct its affairs in a manner so as to be fair and equitable to all parties who have a vested interest and claim on management. Other interests may be the outcome of social environments.
This would encourage a sense of belonging. Is Homeschooling Hard? The stockholders are not so much interested in quick profits as they are in the stability, growth, and the image of the company.
Some of these responsibilities relate to the following areas: (a) Responsibility in relation to employment: This must be clearly understood that the employment is meant to be mutually beneficial for the employee as well as for the employer. the state or fact of being responsible, answerable, or accountable for something within one's power, control, or management. Hiring the handicaps, Assisting in church and school activities, Organizing sports tournaments and other cultural functions for the community, Raising funds for public activities such as the opening of hospitals or other charitable activities, Taking an active interest in all community affairs.
In recent years, the PRINCE2 project management methodology has consciously emphasised the ways in which smaller project teams and businesses can take advantage of the clarity of defined roles, without losing the flexibility intrinsic in small project teams.
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