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GUIDE TO SOCIAL RESPONSIBILITY

From a business led task force, Solpower Jobs encourages the business case to measure and manage their impact on society in the marketplace, the workplace, the environment and community.

Why do businesses exist? What is the purpose of a business, or, in the bigger picture, any economic system? The derivation of the word company? How does this origin translate in today’s business environment? What are or should be the goals of the modern corporation?

Corporate social responsibility is a means of analyzing the inter-dependent relationships that exist between businesses and economic systems, and the communities within which they are based. It is a means of discussing the extent of any obligations a business has to its immediate society; a way of proposing policy ideas on how those obligations can be met; as well as a tool by which the benefits to a business for meeting those obligations can be identified..

DEFINITIONS AND OPINIONS

“Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.” Milton Friedman,
Milton Friedman, 1962

“The social responsibility of business encompasses the economic, legal, ethical, and discretionary expectations that society has of organizations at a given point in time.”
Archie B. Carroll, 1979