The notion of corporate social responsibility of business Essay

The notion of corporate tender responsibility of production line organizations - Essay modelIt is evident from the study that discordant business organizations, ranging from small and medium sized enterprises (SMEs) to large corporate organizations, dwell across the globe providing some service or products to their clients. Essentially, the businesses engage in some activity homogeneous production of goods or delivery of service to generate some revenue to enhance its sustainable development. This becomes the traditional economic role of the business organization. However, the operations of these business organizations ar carried out in some societal context involving the human population and the environment. Thus, there is interrelation and mutual interaction between the company and the society. Besides, the business operations have to be carried out according to legislative provisions in a stipulation country in which the organization operates. The governments and other reg ulatory agencies have legislation stretching across various social sectors including health, environmental, the fiscal policies, and the monetary policies among many others. Ethical considerations also need to be considered in executing the business operations by an organization. Various individuals affect, and are affected by, the operations of a given organizations. These individuals are termed the stakeholders of the organization. The interrelation has generated debates among academic scholars on the roles that business organizations need to play in the society. The societies have their interests and so do the business organizations. ... Corporate social responsibility involves performing roles that go beyond the legal obligations that prevail in a given region (Fontaine et al, 2006). It involves the organizations role in promoting social and economic developments in the communities while on the job(p) with the employees, their families, the customers, the shareholders, the com munity members, and the larger society. This paper expounds the notion of social responsibility of business organizations. The rise of corporate social responsibility for business organizations Even though the notion of corporate social responsibility has come into the brighter blaze in the past three decades, the debates on this issue began as early as the 1950s (Heath & Ni, 2008) when scholars began to hesitancy the role of businesses in the society. The evaluation has since extended to non-profit and governmental agencies as well. The main point of concern in CSR is whether the business organizations add any value to the societies in which they operate as they strive to achieve their complaint and vision (Heath & Ni, 2008). CSR emerged and developed as a realization by the members of the public that the business organizations should no seven-day belong to their owners or founders (Carroll & Buchholtz, 2008, p.82). The society has developed various new expectations on the busi ness organizations. The major motion picture of corporate social responsibility in a business organization is how the organization involves its stakeholders like the customers, the stockholders, the employees, suppliers, the governments, non-governmental organizations, and external organizations in its business operations and strategy development (Fontaine et al, 2006).