Wednesday 16 July, 2008

Corporate Social Responsibility

Businesses evolved to cater to the needs of people. Today it is the biggest source of Occupation as well as the biggest provider of goods and services for day to day needs. We see around us different economic activities on a daily basis. Occasionally do we think upon the passive effects of these businesses on our daily lives. How it is impacting our natural and social environment? How it is altering our habits and preferences?
In view of their growing influence on people’s lives as well as growing pressure from the government and legal environment, businesses and corporate have taken an initiative in the name of Corporate Social Responsibility. Herein, they try to study the social implications of the economic activity they are engaged in, its effects on the natural and social environment and take corrective measures if any.
There is another school of thought which strongly believes that when the top most objective of any business is profit making, it is not always possible to bring into it social welfare and conservation of nature.
This confusing state arises when we don’t approach life as a service to others and then in turn to ourselves. When we separate Humanity from our acts, problems are bound to occur
Humanity should be a way of life for each one of us. Otherwise, we will always encounter contradictory situations.
Oxygen… a movement view

1 comment:

Anonymous said...

LPG-liberization , privatization and globalization has flooded with coporate houses.Country's large resources are being consumed by the corporate sector and it is minting money like anything.The corporate is not thriving without the aid of the society so it naturally owes responsibility to the society.The corporate has to step forward to bring needful social changes.The corporate social responsibility has to be practised in true sense.