Responsible Business Assignment

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Responsible Business Assignment 1 (2000 Words) The purpose of this report is to evaluate and research extensively on ‘Responsible Business’ I will discuss and examine what role the government plays as an influencer or what laws they have implemented for Responsible Business. Furthermore I will review and evaluate the topic of Pressure Groups and what approaches they have taken to influence business on being responsible. I will provide relevant and recent information on events that have occurred from the pressure groups to enforce responsible business. Finally I will give you justification and evidence that I have gathered from the research undertaken to carry out my assignment 2. Briefly consider what constitutes “Responsible Business” Countless studies have tried to reach a definition of Responsible Business. Although it is hard to present a firm definition, much of the research done has identified many kinds of responsible / irresponsible business. The majority of major companies will decide for themselves if they are being a responsible business through the activities that they are doing. Furthermore the theory of Responsible Business is an ongoing developing idea, which means different things to different people. Archie Corroll (1999) observed that: "The social responsibility of business encompasses the economic, legal, ethical, and discretionary expectations that society has of organisations at a given point in time." W.Frederick summed up the theory as follows: “ The Fundamental idea of corporate social responsibility is that business corporations have an obligation to work for social betterment.” As Frederick believes that business have an “obligation to work for social betterment” we cant replay on this theor... ... middle of paper ... ...history of oil spills many of them, which were covered up from the public eye. Gazprom’s equipment is decades out of date, demonstrating this in 2011 when one of their oilrigs sank of the coast of Siberia killing over 50 employees. Yet shell is happy to sign a deal with Gazprom to continue drilling. demonstrating Pressure Groups play a massive role in Responsible Business as they were the first people to actually stand up to the major companies in making them become more responsible weather that is a major oil company like shell to even some of our major food brands like Tesco and Sainsbury’s. They have all been affected in a certain way and all have a role to play in becoming more responsible but thankfully these Pressure Groups are here to stay and work together because there is still a lot more to be done to ensure that change and progress is still being made.

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