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What factors determine the extent to which a business is socially responsible?
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| Submitted: Wed Oct 08 2003
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What factors determine the extent to which a business is socially responsible? Introduction Social responsibility is the responsibility which companies and businesses are perceived to have towards their stakeholders. This social responsibility can include the environment, shareholders, suppliers, employees, creditors, customers, and the community. These groups are collectively known as stakeholders. The community covers the area around which a business operates, in some case this can lead to global responsibility. My investigation will look to discover to whom business is socially responsible, and why they are so. Many companies however are socially irresponsible, and I will also seek to discover why they are so, and which motives drive them to do it. Research Findings I have researched both responsible and irresponsible companies through media reports, internet websites and through Business Studies textbooks. Every company behaves in a certain manner, this is their ethos, and it determines their actions. Corporate Social Responsibility (CSR)...
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