THE IMPACT OF SOCIAL RESPONSIBILITIES OF BUSINESS IN NIGERIA ORGANIZATION (A CASE STUDY OF MODOTEL ENUGU)
CHAPTER ONE
INTRODUCTION
Meaning – Social responsibilities of business lays emphasis on the contribution business could make to such social problems as education provision of basic infrastructural and social amenities and protection and restoration of the social environment.
Social responsibility in entirely on what the business could do to alleviate the suffering of the society that social responsibilities appears to be in two extremes viz they may emerge out of the social impact of the society itself. The former has to do with what a business can or should do for society.
Furthermore, social problems arose challenge to business management. It is the duty of business to satisfy a social need and at the same time serve their institution. In the United States for example the find foundation/established by ford motors and the Rock Feller Foundations are two institutions established for help solve societal problem. These foundations have provided money to aid in medical industrial and agricultural research as well as providing scholarship for student in colleges pursing programmes that are bound to help the society.
It is worthy to note that in Nigeria that business has done something to help the society in gress like in the granting of scholarships for higher education and programming on television and radio house many people benefited and many more and to benefit from scholarship awards by many comprences for studies both at home and the Gulg oil company and shell petrol petroleum development company. There have been other companies who have financed or structure for some educational institutions. Examples of such companies include modoles Enugu. The international bank for West Africa (IBWA) for example has erected a magnificent building at the University of Ibadan for the running and development of a banking and finance programme in the University Today.
Conclusion social responsibility in business layed a every big contribution in our organization and being practiced in Nigeria.s
1.1Â Â Â Â Â Â BACKGROUND OF THE STUDY
The impact practice of social responsibility needs to be reinforced as this brightens the hope of salvaging the already worsened situation. In view of the fact that Nigeria population’s timingly growing, the business to survive since government alone cannot shoulder the responsibility social environment the business organizations shows the society that such organization’s in existence and promotes the society welfare. To talk more of social responsibility. It can be defined as person’s obligation to evaluate in the decision making process. Eg. education, health, provision of basic protection and restoration of social environment.
The importance of social responsibility cannot be over emphasized, yes we shall look at the different view points.
