What are the four approaches to social responsibility?

What will be an ideal response?

The term social responsibility refers to a manager's duty or obligation to make decisions that nurture, protect, enhance, and promote the welfare and well-being of stakeholders and society as a whole.

The four approaches to social responsibility are:
Obstructionist approach: Obstructionist managers choose not to behave in a socially responsible way. Instead, they behave unethically and illegally and do all they can to prevent knowledge of their behavior from reaching other organizational stakeholders and society at large.

Defensive approach: A defensive approach indicates at least a commitment to ethical behavior. Defensive managers stay within the law and abide strictly within legal requirements, but they make no attempt to exercise social responsibility beyond what the law dictates. Managers adopting this approach do all they can to ensure that their employees behave legally and do not harm others. But when making ethical choices, these managers put the claims and interests of their shareholders first, at the expense of other stakeholders.

Accommodative approach: An accommodative approach is an acknowledgment of the need to support social responsibility. Accommodative managers agree that organizational members ought to behave legally and ethically, and they try to balance the interests of different stakeholders against one another so the claims of stockholders are seen in relation to the claims of other stakeholders.

Proactive approach: Managers taking a proactive approach actively embrace the need to behave in socially responsible ways, go out of their way to learn about the needs of different stakeholder groups, and are willing to use organizational resources to promote the interests not only of stockholders but of the other stakeholders.

Business

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