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Management for sustainability, The Obstructionist View - Coggle Diagram
- Management for sustainability
Environment
Global Warming
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earth’s lower atmosphere (the air we breathe), as well as in the
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Environment
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resources and biodiversity, creation of sustainable access to safe
Social
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resources, education, skills and social institutions build human quality of life
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View
The classical view
Managements only responsibility is to maximise profits and operate the business in the best interests of the shareholders alone.
When managers spend the organizations resources for the “social good” they are unnecessarily adding to the cost of doing business
Corporate socially responsibility should contribute to maximising organizational profits for shareholders.
The greatest importance is profits. Little attention to social responsibility. Obstructionists engage in unethical and sometimes illegal actions in order to hide socially irresponsible behaviour.
The Defensive Approach
companies only engage in CSR practices which are legally required and enforceable. A company will only comply with the minimal legal requirements.
The socioeonomic view
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Companies have a responsibility to the consumers who support them by purchasing their products and services.
Companies that only focus on maximising short-run profits may face long term financial consequences.
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The Proactive Approach
Setting the highest industry standard possible. A company is actively engaged and integrates socially responsible behaviour in all aspects of the business.
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