Linking social and strategy responsibilities

Question

Explain about linking social and strategy responsibilities.

Answer 1

Linking Social and Strategy Responsibility as follows illustrates:

1. There can be no general approach linking a company’s business conduct and strategy to social responsibility.

2. The mixture of socially responsible activities a company elects to follow defines its social responsibility strategy.

3. While the strategies and actions of all socially liable companies have sameness in the logic of drawing on the five categories of socially responsible behavior shown in Figure, each organization’s version of being socially liable is unique.