Jack Welch General Electronics and Company

            The company fulfilled the social responsibility as it focused in its duty o make wealth by using ways that could not harm, protected and developed the social possessions.  The company made wealth as it bought and sold many small and larger businesses.  They got these businesses to help them and improve their profits in the process.  The point where they avoided harming the society is when the company seems to fall short.  This was done by achieving their objectives in maximizing their profits and making wealth. The company eliminated other outside businesses in the trial of making money and to improve their whole efficiency so as to motivate employees to work harder (John &George, 2003). 

            The main policy of the CSR highlight that companies are the economic institutions that focus on profits and must follow the company’s rules.  The electrical company has the duty to have the diverse social results that they cause, thus the social responsibility changes with the features of the company.  The company managers should be able to meet the need of the shareholders which mainly depicts the matters that have the societal outcome. The company seemed to operate in a way similar to the Merck Company as their main duty was to create wealth in ways that would not harm, as they both protected and developed the societal properties.  Both companies had partnership with other companies that could be healthy when harnessed although the Welch Company seemed to use more independent partnership to help in their budget outcomes than in the improvement of their workplace abilities. Both the companies have the goal of working to solve the societal problems that will motivate their thinking and develop their actions.  They are both focused in finding the solutions to benefit the universe, the public and the global economy (John &George, 2003).     

Response

            The two companies lied under the principle based on the profit run as all the businesses activities made by the companies aimed in making profits.  The managers also acted ethically as they highlighted the effectiveness of integrity in the whole business. The social responsibility depends on the features of the company as the companies have a great social responsibility.  The companies meet the need of their partners such as the work security and conducive work environment. As seen in the Electrical Company, sustainability contributed to the culture and the business strategy their management was more respectable and more socially responsible and their management turned to be of the modest return (John &George, 2003). 

 

 

 

 

 

 

 

 

 

Reference

Steiner, George. A., & Steiner, John. F. (2003). Business, government, and society: A managerial perspective, texts and cases. Boston, Mass: McGraw Hil Irwinl.