An accommodating stance signifies that a company believes social responsibility is important — and perhaps as important as making a profit. These companies satisfy all legal requirements and attempt to meet ethical standards, but will also go beyond these obligations in selected cases (Kanobi, 2010).
What are the four general approaches a firm can take regarding social responsibility?
These four approaches are obstructive, defensive, accommodating, and proactive.
What is accommodative social responsibility?
Accommodative social responsibility is a strategy used when a company chooses to accept responsibility for certain problems and takes the initiative to solve them.
What best describes a proactive stance to social responsibility?
4. Which of the following best describes a proactive stance to social responsibility? attempts to deny or cover up violations. Which four ethical norms are o☍ en used by companies to help individuals make ethical decisions?
What does accommodative stance mean?
An accommodative stance means a central bank will cut rates to inject money into the financial system whenever needed. A change in this stance to ‘neutral’ means RBI will alter rates in any direction to control the money supply in the system. This was the surprise that led to the fall in bond and stock prices.
What are the major areas of social responsibility with which businesses should be concerned?
The major areas of concern are the responsibilities toward the environment (controlling air pollution, water pollution and land pollution), its customers (advertising, price management and consumer rights), its employees (recruiting, hiring, training and compensating) and its investors (financial management and inside …
What makes a company accommodating to social responsibility?
An accommodating stance signifies that a company believes social responsibility is important — and perhaps as important as making a profit. These companies satisfy all legal requirements and attempt to meet ethical standards. An accommodating company does not attempt to hide its actions and remains open about why it takes specific actions.
Who are the companies that take social responsibility?
There are companies like Camel, R. J. Reynolds, and Phillip Morris that are all tobacco companies that take a defensive stance to social responsibility. But, there are companies such as Walmart, Disney, and Google that take accommodative stances. Companies like Toyota, Suzuki, and Chevrolet take proactive stances to stay on the…
Why do companies take an obstructive stance on social responsibility?
A company that takes an obstructive stance toward social responsibility attempts to defend its economic priorities by blocking any attempts to point out the company’s lack of social responsibility.
Which is the best example of an accommodative stance?
(Portter,Michael E) Accommodative Stance An accommodating stance signifies that a company believes social responsibility is important — and perhaps as important as making a profit. These companies satisfy all legal requirements and attempt to meet ethical standards.
