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Essay / Responsible Business Assignment - 1647
Responsible Business Assignment 1 (2000)The purpose of this report is to evaluate and conduct in-depth research on "responsible business." I will discuss and examine the role the government plays as an influencer or the laws it enforces. have implemented for a responsible business. Additionally, I will examine and evaluate the topic of lobbying groups and the approaches they have taken to press businesses to be responsible. I will provide relevant and recent information on events occurring by pressure groups seeking to enforce responsible business. Finally, I will give you the justifications and evidence that I have collected from the research undertaken to carry out my mission2. Consider briefly what constitutes a “responsible business.” Countless studies have attempted to arrive at a definition of responsible business. Although it is difficult to present a precise definition, most research has identified many types of responsible/irresponsible businesses. The majority of large companies will decide for themselves whether they act responsibly through the activities they carry out. Furthermore, responsible business theory is an ever-evolving idea, meaning different things to different people. Archie Corroll (1999) observed that: “Corporate social responsibility encompasses the economic, legal, ethical and discretionary expectations that society has of organizations. at some point. » W. Frederick summarized the theory as follows: “The basic idea of corporate social responsibility is that businesses have an obligation to work for social betterment. » As Frederick believes that businesses have an "obligation to work for social betterment", we cannot replay this theory...... middle of paper ... history of oil spills, many of which have been hidden from the public eye. Gazprom's equipment has been obsolete for decades, as demonstrated in 2011 when one of their oil platforms sank off the coast of Siberia, killing more than 50 employees. Still, Shell is happy to sign an agreement with Gazprom to continue its drilling. demonstrating that pressure groups play a major role in responsible business, as they were the first to stand up to big business by making them become more accountable to a big oil company. like Shell, even for some of our big food brands like Tesco and Sainsbury's. They have all been affected in some way and all have a role to play in becoming more responsible, but fortunately these pressure groups are here to stay and work together as there is still much to be done to ensure that change and progress is always present. in progress.