The Role of Business in Society

This article mainly aims to introduce the particular charactersitics of the ERP systems, used for managing small businesses, by answering several basic questions related to this topic: What do we generally understand by ERP systems? What is the essence of ERP for small business? What is the role of ERP for small business? What do we understand by small business? What are the characteristics of small business? What is the role of small business in society? What are the basic problems of small business? What is today’s business environment? In this respect, the report introduces the essence and the role of the ERP systems used for managing small business organizations in a structured and summarized way. It shows how the specific characteristics of small business and today’s business environment affect the ERP configurations, compared to those used in large organizations. At the end of the paper, a summary is provided of the characteristics of the ERP systems used for managing small organizations.

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Explaining the role of banking and business in society ‐ Abstract of the Edinburgh Discussion

British Actuarial Journal ◽

10.1017/s1357321716000076 ◽

2016 ◽

Vol 21 (3) ◽

pp. 600-618

Keyword(s):

Business In Society

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Corporate Volunteering

The Oxford Handbook of Corporate Social Responsibility ◽

10.1093/oxfordhb/9780198802280.013.7 ◽

2019 ◽

pp. 155-175

Author(s):

Karen Blakeley

Keyword(s):

Strong Influence ◽

Academic Research ◽

Business Case ◽

Future Research ◽

Corporate Volunteering ◽

Business In Society

This chapter provides a clearer and more balanced understanding of both the benefits and limitations of corporate volunteering, along with possible directions for future research. First, background is provided through an outlining of definitional issues, some statistics on the growing influence of corporate volunteering, and the nature and evolution of current corporate volunteering offerings. Corporate volunteering’s historical association with broader, societal critiques of the role of business in society is also discussed. Second, the strong influence of business case discourse on the focus of academic research is reviewed, along with the subsequent normative assumption that corporate volunteering is overwhelmingly “good” and should be promoted more widely. Third, the literature is critiqued for its unexamined problems, unheard voices, and unquestioned social and political agendas. The chapter concludes by suggesting avenues for future research that will address these gaps.

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The Responsibilities and Role of Business in Relation to Society: Back to Basics?

Business Ethics Quarterly ◽

10.1017/beq.2017.8 ◽

2017 ◽

Vol 27 (2) ◽

pp. 293-314 ◽

Cited By ~ 20

Author(s):

Nien-hê Hsieh

Keyword(s):

Global Economy ◽

Building Blocks ◽

Value Pluralism ◽

Business Practices ◽

Business Managers ◽

Managerial Decision ◽

Basic Principles ◽

Business In Society ◽

Ordinary Morality

ABSTRACT:In this address, I outline a “back to basics” approach to specifying the responsibilities and role of business in relation to society. Three “basics” comprise the approach. The first is arguing that basic principles of ordinary morality, such as a duty not to harm, provide an adequate basis for specifying the responsibilities of business managers. The second is framing the role of business in society by looking to the values realized by the basic building blocks of contemporary economic activity, i.e., markets and firms. The third is making explicit the basic institutions that structure the background against which business operates. The aim is to develop a plausible framework for managerial decision making that respects the fact of value pluralism in a global economy and that fosters meaningful criticism of current business practices while remaining sufficiently grounded in contemporary circumstances so as to be relevant for managers.

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The Responsible Business: Corporate Social Responsibility in the Recession

10.26686/wgtn.16999330 ◽

2021 ◽

Author(s):

◽

Isaac Jordan Rodgers

Keyword(s):

Financial Crisis ◽

Social Responsibility ◽

Corporate Strategy ◽

Social Responsibilities ◽

Economic Context ◽

The World ◽

Business In Society ◽

The Impact

<p>The 2008 financial crisis and recession crippled some of the largest businesses in the world and caused severe recession across the world. However, prior to the focus on economic recovery, social responsibility and sustainability were major themes in the business world and debate centred on the role of business in society. The key question and area for research was how the financial crisis affected this debate. This thesis uses the financial crisis to explore the role and responsibilities of business. This research is located firmly within the literature on business and society, where the key debates centre on the role of business and the scope of business responsibilities. The literature on social responsibility has a notable gap in the fact that it does not address the impact of economic context on social responsibilities. The methodology of this paper uses a set of twenty-one interviews. These interviews consisted of three sets of seven interviews with different participant groups for each set. The participant groups consisted of consumers, policy managers and business managers. These interviews were analysed for themes through the data analysis method of coding. The findings of this paper suggest that the role of business in society should be focused on the generation of profit and that the recession or other economic influences do not change this role. These findings also suggest that although businesses are responsible only for complying with the law, they should also satisfy their customers, engage in activities beneficial to their long term interest and avoid actions which cause harm to others or undermine the long term viability of the business. The findings also imply that neither economic context nor profit, changes these responsibilities. These findings make important theoretical and practical contributions. The theoretical contributions support the literature arguing for a limited scope on the role of business. They also argue in favour of social responsibilities being voluntary. The finding that economic context and profitability have no impact on responsibility is important in its own right, but also suggests that business responsibilities are static. This paper makes another contribution through models which are based on the findings. These models combine social responsibility with corporate strategy to show the concept of a responsible business and the difference between voluntary, compulsory and strategic responsibilities.</p>

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