We're here in this hospital room to discuss Philanthropic Responsibilities. Philanthropic responsibilities refers to companies giving back to their communities rather than solely existing to make a profit. They can give back to their communities through numerous ways including participating in a local nonprofit's fundraiser, or donating a portion of their business earnings to a cause they care about.
Csúszik: 2
We're outside of this Government Building to discuss Economic Responsibilities. Economic Responsibilities refers primarily to the financial decisions a Business makes. Economic Responsibility says to make these decisions in a way that benefits the greater good rather than decisions that solely increase your profit as a Business. Achieving this, similar to the other Responsibilities, can be done in multiple ways including signing a usage of sustainable materials contract with a supplier or choosing to follow a Transparent Salary System as a company.
Csúszik: 3
To conclude, I'm personally most interested in the Philanthropic CSR. I chose this one as it includes activities I would enjoy such as community service or participating in an annual fundraiser. As a Small Business Owner, it would bring me joy to serve the community even if that meant our Business could better the society in a small way. Around me, I see so many people in need and also so many efforts to help those people so if I, or my Small Business, was able to help them out that would be a great thing!
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