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International Business Management - Corporate Social Responsibility

Your expertise would be greatly appreciated who to setup paper for " evaluate Cohen(2009) article on social responsibility. To consider how his views aligns with that of classer management experts Drucker and Friedman. task would be to respond to the following prompt in a paper. 1)Define the concept of social responsibility. 2)What does Cohen feel is the social responsibility of a business to its workers, stakeholders, and society as a whgole.3)How does this perspective align with that of Drucker? 4)How does Cohen's opinion compare with that of Freidman? 5)Which aligns that with current business climate promoting a green environment? Why. please support paper with five minimum scholarly resources, plus any additional resources other appropriate resources. 5 pages not including title and reference pages

"What Drucker Taught us About Social Responsibly" - William A.Cohen

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Social responsibility means that an entity has an obligation to act for benefiting society at large. Social responsibility is a duty that every individual or organization has to perform so that a balance is maintained between financial goals and the environment. This means that companies should embrace its social responsibilities and not be solely focused on maximizing profits. For example, firms not only increase their operations but also make contributions to the community where its operations are located. Another example is that when a company grows it takes care of the environment so that the actions of the firm do not harm the environment (1). In practice social responsibility means businesses using ethical decision making, taking actions to prevent harm to the environment, and taking actions to help the society directly. For example, a business finances the formation of a local health care facility. This action is that of social responsibility. Similarly, a business that sets up a superior effluent processing facility so that its activities do not harm the environment is being socially responsible. A company that refuses to pay a bribe to grow its business is also practicing social responsibility. The company is being ethical and complying with the laws of its home country. From an ethical perspective being socially responsible means that firms should behave ethically. In addition, firms need to be sensitive to social, cultural, economic, and environmental issues. The consequence of social responsibility means that individuals, organizations, and governments have a positive impact on the business itself. For example, a business that is socially responsible is sustainable and develops a better competitive advantage in the market.

2.) Cohen feels that workers are an important resource. The workers should not only be made more effective in the workplace but organizations should also improve the lot of workers as individuals (2). He felt that considerations of workers are the responsibility of the corporate leader. Cohen was a student of Drucker and Cohen has supported the writings of Drucker. He says that considerations for workers in and out of the workplace were the responsibility of the corporate leader, just as much as profits, survival, and growth of the business or organization(3). According to Cohen corporate social responsibility is a form of self-regulation integrated into a business ...

Solution Summary

The answer to this problem explains Cohen, Drucken, and Friedman's view of social responsibility. The references related to the answer are also included.