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Social responsibility of business: Assignment

   

Added on  2021-02-19

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Social responsibility ofbusiness
Social responsibility of business: Assignment_1

Table of ContentsIntroduction......................................................................................................................................3Lo 1 Theoretical underpinning academic articles and other sources of theory. .............................3LO2 Tesco social responsibility.......................................................................................................5LO3 Conclusion on social responsible behaviour .........................................................................6LO4 Recommendation ....................................................................................................................6Conclusion .....................................................................................................................................7References .......................................................................................................................................8
Social responsibility of business: Assignment_2

IntroductionSocial responsibility is the framework of the business towards the society, employees,government , shareholders of the business. The CSR activities are done towards the welfare ofthe employees for their effective working of the business. The social responsibility is must foreach and every organization to develop they play an act towards the welfare of the society. Thesocial responsibility is done to maintain the economy of the society. The social responsibility ishelpful to engage large number of customer with the business. In this report it shows how anorganization uses stakeholders theory for the development of their business and satisfy the wantsof all the stakeholders of the business. The report shows the social responsibility done by theTesco and it effects on the business. Lo 1 Theoretical underpinning academic articles and other sources of theory. Social responsibility of the business are taken care effectively for the success of the business. The company needs to follow social responsibility for the success of the business. In this report we are going to show how stakeholder theory of Edward freeman effects the social responsibility of business. Stakeholder theory The stakeholders theory shows how an stakeholders of the company effected by the working of the organization(Friedman, 2007.). The stakeholders theory shows the reason of the inefficiency of the parts of the business.. The company aim is to satisfy wants of all the stakeholders with earning profit in the organization. Suppliers The suppliers are main source of the raw material to the business from which organization is able to conduct business. The supplier are reason for the success of the business and to develop an effective chain of suppliers a business needs to conduct a research on the market about the available suppliers and choose one of them who is effective towards the development of the business. The supplier are the reason to play a social responsibility of the business towards the society. The Tesco needs to full fill all the wants of their suppliers by providing fair amount for their raw materials. The payment to suppliers is done on time. The regular orders are given by Tesco to their suppliers.
Social responsibility of business: Assignment_3

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