The Impact Of Corporate Social Responsibility (Csr) Of Business Organization To Their Business Environment

The Impact Of Corporate Social Responsibility (Csr) Of Business Organization To Their Business Environment

Abstract

Any organization has a duty to its community to discharge social responsibility. Every organization is required to exhibit interest in the topic of responsibility if it influences their standards and efforts to become more effective. The importance of social responsibility for business organizations cannot be overstated since it demonstrates how invested a company is in the community in which it operates. As a result, this study project considers and assesses how social responsibility affects commercial organizations and their surroundings, and it makes suggestions for ways to encourage organizations to fulfill their responsibilities. The background statement of the issue, the relevance of the study, the goal of the study, the research questions, the hypothesis, and the scope of the study were all laboriously crafted in the introduction chapter to serve their respective purposes as well as a roadmap for a more thorough investigation. In the second chapter, a thorough analysis of the pertinent literature is conducted. Various authors who are authorities on particular areas of the research issue were examined and used to provide more light on the current study.

Chapiter 1

5.0 Introduction

5.1 The Study’s Background

Corporate social responsibility is the acknowledgement that corporate operations have some impact on society as a whole and the taking into account of such impact when making business decisions. As a result, most businesses are aware of the negative effects that production operations have on the communities in which they operate. Some of the negative societal effects include degradation of the environment, displaced human habitation, and health risks. For instance, Shall Petroleum Development Company has been battling the unruly youth behavior in its region of business brought on by the actions of rival enterprises. Additionally, consumer production, including that of products and services, may have negative effects. Cigarettes and prescription medicines are two common examples. Businesses must inform customers about how to use their goods and services properly in order to avoid side effects.

Business organizations demonstrate their social responsibility to the areas where they operate by financing public works projects like paved roads, schools, and hospitals as well as by sponsoring local sports teams and cultural events. This research was conducted with the goal of identifying the consequences of social responsibility in the state of Enugu as well as providing answers to the potential difficulties that will arise when carrying it out.

Statement of the Issue, Paragraph 5.2

Business entities ran into certain issues when fulfilling their social obligations to their host communities. These issues are listed below.

a) Some organizations lack the management and financial capacity to carry out their social obligations.

b) Because of the state government’s legal protection, some organizations could not function.

c) Community social values have an impact on how a corporate organization conducts its operations.

A commercial organization suffers negatively as a result of the human responsibility-based societal problems. For all the aforementioned issues, the researcher believed that countries to go into the study. Pollution typically has an impact on the society surrounding the business operation, and organizations typically quit operating because of their disruption in an area.

5.3 The Purpose of the Study

The following goals were utilized to clarify or narrate

a) To determine how social responsibility affects how businesses are organized.

b) To determine the advantages of social responsibility for both organizations and individuals.

c) To decide whether businesses ought to engage in social responsibility.

5.4 Importance of the Research

The following approaches will make advantage of this research:

a) It will make it easier for business organizations in the state of Enugu to fulfill their social responsibility obligations.

b) The project will pinpoint and investigate a few areas where the business environment in Enugu State needs to change.

c) The study team hopes that this work will serve as a useful resource for other researchers.

5.5 The Study’s Purpose

The goal of this study is to pinpoint and analyze how social responsibility affects corporate companies in the state of Enugu. Due to its accessibility, the study will only include Nigerian Bottling Company Limited’s 9th mile Corner in Enugu.

Limited funding and some individuals’ uncooperative attitudes limited the scope of this investigation.

Research Question 5.6

a) How does the organization assist both the organization and the individual in terms of social responsibility?

b) The impact of social responsibility on corporate organizations.

c) How social responsibility impacts an organization’s decision to engage in social responsibility and how it does so.

5.7 Research Hypothesis

After carefully and thoroughly reviewing all previous research that is either directly or indirectly linked to the topic at hand, the hypothesis for this study was developed.

Organizational sensitivity to social responsibility is low.

Social responsibility is highly responded to by organizations.

a. Inadequate communication exists between employees in organizations.

There is enough communication among employees in firms.

c. Public relations is not given enough priority by organizations in Nigeria.

Public relations is adequately prioritized by organizations in Nigeria.

5.8 Restrictions on the Study

The researchers had to deal with a number of obstacles while conducting this study, some of which were the respondents’ generally poor cooperation and unfavorable attitudes.

Due to lass activities and other departmental duties that were being completed in conjunction with the research work, the researcher was time-constrained.

Finances are another significant barrier to completing this research project because they require money to adequately engage respondents.

Definition of Terms 5.9

Host: The locality in which a business is situated or operates.

Reference

Corporate Social Responsibility by Mallen Baker, first published in 2004.