Social Responsibility and Executive Management Coursework

Social Responsibility and Executive Management - Coursework ExampleBusiness enterprises regarded forgiving resource (labor) as a commodity to be purchased and sold at will. Business organizations employed tiddler labor and exploited labor through low wages. The working conditions were unsafe and injured employees were terminated without benefits. tally to Barry (2000), there were high levels of cultural discrimination and harassment in the workplace. There were no guidelines on advertizing and selling activities. In addition, there were no regulations on the feeling of the products sold and peoples lives were in danger. The business enterprises exploited, manipulated and mislead their customers. The managers of the business enterprises were accountable to the owners. The governments were non concerned with the regulation of business enterprises during the first var. of social responsibilities. Consequently, members of the public were exploited.The stand by phase of social resp onsibility was the trusteeship management. Profit maximization was not the only driving force of the business enterprises. The human resource at this second phase was accept as a valuable input to the business organization. Business enterprises acknowledged the rights of the employees, suppliers, customers, creditors, stakeholders and the community in which it operated. The second phase showed governments commitment to treasureing its citizens for bad business people. Legal frameworks and institutions were established to regulate business enterprises and protect the public from exploitative business organizations. However, business enterprises were faced with increasing expenses. The employees received better pay, business enterprises dismiss more on a provision of quality products and services. The profits of the business were lower in the all of a sudden run but improved significantly in the long-term. The third phase of the social responsibility was quality life management.