Corporate organizations are always expected to operate within the established laws that determine the accepted terms and conditions. Cooperate social responsibility is an important factor in the modern business environment to ensure sustainability, which is an important factor in ensuring long lasting development(Collins 2011). In addition, cooperate social responsibility ensures that business entities meet their economic, environmental and social responsibility to the environment. Therefore, this essay will present a response to the classmate topic on the types of social business responsibilities.
Globally, businesses are expected to operate ethically to ensure fairness and observation of human rights. Without the control systems and expectations, businesses can exploit people and limited resources, which can result in serious impact on the environment (Collins 2011). Therefore, the four social responsibilities entail economic, legal, ethical and philanthropic responsibilities. It is also true that there have instances that have indicated crucial business failure in fulfilling either of these responsibilities (Collins 2011). a good case is of Nestle, an international company that has failed in meeting all the social responsibilities as presented by I.E. Rachel on reviews page.
Therefore, based on the analysis of a case study, which involved exposing Nestle Company and how it failed in fulfilling its social responsibilities. This was evident on how it acquired the resources through exploitation of poorly developed regions. However, some of these aspects were promoted by conducting business activities in developing countries. These regions normally offer companies with cheap source of labor, which play a crucial role in increasing revenues due to low costs of operation. Due to high level of backwardness, most organizations such as Nestle take advantage of such situations and disregard the cooperate social responsibility because in most cases, the locals are not always civilized or informed of their rights as individuals (Collins 2011). Therefore, ensuring that organizations observe and fulfill their cooperate social responsibilities in developing regions has always been a huge challenge in the modern society.