Question

Describe the 'for' and 'against' arguments for the relevance of social responsibility in any organization?​

Answer 1

'for' and 'against' arguments for the relevance of social responsibility of an organisation.

Explanation:

Arguments in favour of social responsibility of an organisation :

• Social responsibilities of an organisation means using management methods which simultaneously helps a society and an organisation to grow.

• Because an organisation is situated in a society and it is an integral part of a society. so it is their responsibility to take care of the needs of a society and its environment.

• It helps to create opportunity and employment. which helps a company in the long run.

• If an organisation completes its social responsibilities, it can help them gain some goodwill, which is good for their business.

Arguments against the social responsibility of an organisation:

• An organisation's main objective is to earn profit. And if the organisation is more focused onto Completing the social responsibility part, it can affect their profitability part, which is not good for an organisation. Because in the long run a company needs profits to survive.

• Using resources for social development and not for an organisatioal development will not help the organisation to survive in the long run.

• When a company uses it resources social development, the price of its product increases, which is ultimately not good for the customers itself.

Answer 2

Arguments in favour of social responsibility of an organisation :

Social responsibilities of an organisation means using management methods which simultaneously helps a society and an organisation to grow.

Because an organisation is situated in a society and it is an integral part of a society. so it is their responsibility to take care of the needs of a society and its environment.

It helps to create opportunity and employment. which helps a company in the long run.

If an organisation completes its social responsibilities, it can help them gain some goodwill, which is good for their business.

Arguments against the social responsibility of an organisation:

An organisation's main objective is to earn profit. And if the organisation is more focused onto Completing the social responsibility part, it can affect their profitability part, which is not good for an organisation. Because in the long run a company needs profits to survive.

Using resources for social development and not for an organisatioal development will not help the organisation to survive in the long run.