Friday, April 22, 2011

Change & Social Respnsibility

A socially responsible business will attempt to achieve two goals simultaneously:

1. maximising profit
2. providing for the greater good of society

Social responsibility: how well a business manages the social, environmental and human consequences of its actions.

Ecological sustainability: production methods that conserve and protect the environment.

Quality of working life: workplace practices that improve employees’ wellbeing.

Technology: cushion its negative impact on employees.

Globalisation/cultural diversity: manage multiculturalism and employee diversity.

E-commerce: training of employees, privacy and security issues.

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