Briefly explain the social responsibility of an organisation towards the following groups: a. Shareholders. b. Suppliers. c. Community. d. Consumers. e. Employees.

      

Briefly explain the social responsibility of an organisation towards the following groups:
a. Shareholders.
b. Suppliers.
c. Community.
d. Consumers.
e. Employees.

  

Answers


Kavungya
a) Shareholders
Full financial disclosures
Disclosure on activities affecting environment
Selection of board members from various interest groups
Non-participation in apartheid regimes or states
Full disclosure on business health
Protection of investments

b) Suppliers
Paying the suppliers the required amount Visiting their plant
Paying on time

c) Community
Reduction of poverty
Improvement of health care and education Social amenities e.g. roads, schools , etc.

d) Consumers
Truth in advertising pricing lending guarantees and warranties Control of harmful products
Truth in quantities and quality
Response to consumer complaints

e) Employees
Improvement of health and safety at work
Expansion of employee rights
Freedom of participations in company affairs
Care for employee families
Kavungya answered the question on May 18, 2019 at 08:28


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