What are the basic elements of social responsibility?

Answer 1

Hi..

Elements of social responsibility include investment in community outreach, employee relations, creation and maintenance of employment, environmental stewardship, and financial performance

However the three Basic Elements of Social Responsibility are..

1. Market Forces

2. Mandated Social Programs

3. Voluntary Social Programs

--- Exceed regulations (legal plus; safety, pollution, discrimination,…)

--- Respond to national consensus (charities)

--- Actions beyond public consensus (work to make changes)

Regards

Deep S Hi friends, In addition to that: All Basic Element companies have programs to provide care for their employees and the communities where they operate. Basic Element supplements these programs with a substantial number of its own efforts. The assumption of responsibility for society and future generations has a long tradition. In the early days of the company, pioneered the launch of welfare programs for associates and their families; in non-business areas, too The Basic element described in the following take their lead from the basic labor standards of the International Labor Organization (ILO). 1. Human rights We respect and support compliance with internationally recognized human rights, in particular as regards those of our associates and business partners. 2. Equal opportunities We uphold and affirm equal opportunity among our associates, regardless of the color of their skin, race, gender, age, nationality, social origin, handicap, or sexual preference. We respect the political and religious convictions of our associates as long as they are based on democratic principles and tolerate those of different persuasions. 3. Integration of handicapped people In our view, handicapped people possess equal rights as members of society and business life. Encouraging them, integrating them into the enterprise, and working with them in an atmosphere of cooperation are pivotal elements of our corporate culture. 4. Free choice of jobs We reject forced labor of any kind and respect the principle of freely chosen employment. 5. Rights of childrenWe condemn child labor and respect the rights of children. All enterprises will adhere to the stipulations of ILO Convention no. 6. Relations with associate representatives and their institutions We recognize the fundamental right of all associates to form trade unions and to join these trade unions of their own free will. Associates will neither receive undue advantage nor suffer any disadvantage as a result of their membership in trade unions. Within the framework of respective legal regulations we respect the right to collective bargaining for the settlement of disputes pertaining to working conditions, and endeavor together with our partners to work together in a constructive manner marked by mutual confidence and respect. 7. Fair working conditions Our remuneration and social benefits conform at the very least to national or local statutory standards, provisions, or respective agreements. We observe the respect to the principle of "equal remuneration for work of equal value". We comply with national provisions regarding working hours and vacation. Any associate may complain to their respective line manager or senior management if they believe they have been subject to unfair treatment or have suffered disadvantages with respect to working conditions. Associates will not suffer any disadvantage as a result of lodging such complaints. 8. Occupational health and safety Safety at the workplace and the physical well-being of our associates has top priority. Bosch adheres at the very least to the relevant national standards for a safe, hygienic working environment and takes appropriate action within this framework to ensure its associates' health and safety at their workplace in order to guarantee working conditions which are not harmful to health. 9. Qualification We encourage our associates to train to acquire skills and knowledge and to expand and enhance their professional and specialist know-how. 10. Environment We can look back on a very long tradition of commitment to preserving and protecting the environment. In addition, we contribute to the further improvement of living conditions at our locations. Our basic principles of environmental protection reflect our duty toward the environment and are the basis for many initiatives which are implemented through out the company. 11. Implementation Our aim is to implement these principles throughout the Bosch Group. These principles will be incorporated into the "Management System Manual for Quality, Environment, Safety, and Security in the organization". Responsibility for their implementation lies with the senior management of the respective divisions, regional subsidiaries and company locations. Bhoj Suresh

Answer 2

To be completely honest I have had difficulty finding four "published" components of social responsibility. However, I did come across a speech given by Christos Papoutsy (former owner and president of Hollis Engineering-Cooper Electronics) to the American Hellenic Chamber of Commerce in 2004.

In his speech, Papoutsy gave these four components to "moral capitalism." This theory of moral capitalism was what he considered/s to be how business can conduct itself properly in context to social responsibility.

They are:

1. Corporate Social Responsibility

2. Business Ethics

3. Economic Freedom

4. Education

He asserted that if a company does business while paying attention to revitalizing and pushing assets into the maintenance of these four pillars, then "moral capitalism" would indeed be possible.

Answer 3

Market actions