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5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 /1 5 M GM T 3 14 | W EEK 7 C om mun it y O utr e ach a n d R esp ect F o r o rg an iz a tio ns t h at s tr iv e t o b e s te w ard s o f g ood e th ic s, c o m mun it y o utr e ac h i s i m porta n t. S uch o rg an iz a tio ns h ave a k e en s e n se o f s o cia l r e sp onsib ilit y , a n d t h ey m ake a n e ffo rt t o b e i n vo lv e d i n t h e c o m mun it y . T h is i n clu d es b ein g p hila n th ro p ic a n d e n co ura g in g e m plo ye es t o p ra c tic e v o lu n te eris m . S uch a c tiv it ie s h elp o rg an iz a tio ns d eve lo p a g ood r e p uta tio n t h at i n clu d es b ein g p erc e iv e d a s e th ic al. T h is l e sso n w ill d is c u ss t h is i n m ore d eta il a n d p ro vid e i n fo rm atio n a b out t h e v a rio us o p tio ns t h at o rg an iz a tio ns h ave a s w ays t o p ra c tic e c o m mun it y o utr e ac h .

A s p art o f t h is , o rg an iz a tio ns h ave t o c o nsid er t h e a d va n ta g es a n d d is a d va n ta g es o f w ork in g w it h s w eats h o p s a n d o uts o urc e d l a b or. W hile t h ese m ay b e a ttr a c tiv e o p tio ns a s w ays t o a c co m plis h a n o rg an iz a tio n’s w ork , t h ey a ls o r a is e i s su e s a n d c o nce rn s, a n d m ay b e a n u n eth ic al w ay t o c o nd uct b usin ess.

T h is l e sso n w ill c o nsid er s w eats h o p s a n d o uts o urc e d l a b or i n m ore d eta il.

L E A RN IN G O BJE C TIV ES : A naly ze e xa m ple s a n d c ase s c e n ario s o f m od ern b usin ess l if e . b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 2 /1 5 S o cia l R e sp onsib ilit ie s – D o B usin esse s H ave T h em ?

S o cia l r e sp onsib ilit y i s t h e i d ea t h at i n d iv id uals a n d o rg an iz a tio ns h ave a n o b lig atio n t o c o nd uct t h eir b usin ess i n a w ay t h at p ro m ote s t h e b est i n te re sts o f t h e e n vir o nm en ts w here t h ey f u n ctio n a s w ell a s t h e b est i n te re sts o f s o cie ty i n g en era l. I n d iv id uals a n d o rg an iz a tio ns a re e xp ecte d t o w elc o m e t h eir s o cia l r e sp onsib ilit ie s a n d n o t f o cu s e n tir e ly o n a c h ie vin g t h eir o rg an iz a tio n's ’ g oals a n d o b je ctiv e s, s u ch a s m axim iz in g p ro fit s .

T o o p era te e ffe ctiv e ly , o rg an iz a tio ns n eed t o h ave a p osit iv e r e la tio nsh ip w it h t h eir o uts id e e n vir o nm en t a n d s o cie ty i n g en era l. O ne w ay t h ey c an f o ste r t h is i s b y b ein g s o cia lly r e sp onsib le . W ays t o p ra c tic e s o cia l r e sp onsib ilit y a re e xp la in ed l a te r i n t h is l e sso n. W hen o rg an iz a tio ns t a ke t h ese o b lig atio ns s e rio usly , i t e n h an ce s t h eir r e p uta tio n a n d p ro m ote s t h eir i m ag e a s a g ood n eig hb or p ra c tic in g e th ic al b eh avio r. B ein g s o cia lly r e sp onsib le c an h elp o rg an iz a tio ns s u cce ed a s t h ey a ttr a c t b oth i n ve sto rs a n d c u sto m ers w ho v a lu e s o cia l r e sp onsib ilit y . I n t h is w ay, s o cia l r e sp onsib ilit y h as t h e p ote n tia l t o b ols te r p ro fit s , e ve n t h o ug h t h e p oin t o f b ein g s o cia lly r e sp onsib le i s n o t t o m axim iz e p ro fit s .

I n a d dit io n, b ein g s o cia lly r e sp onsib le c an m ake a n o rg an iz a tio n m ore a ttr a c tiv e t o p ote n tia l e m plo ye es w ho v a lu e c o m mun it y o utr e ac h a n d s tr iv e t o b e g ood c it iz e n s i n t h eir p ers o nal l iv e s. S uch e m plo ye es t e n d t o b e m ore e th ic al p eo p le a n d p re fe r t o w ork f o r o rg an iz a tio ns w it h a r e p uta tio n f o r b ein g s o cia lly r e sp onsib le . T h is c an h elp a n o rg an iz a tio n h ir e a n d r e ta in e th ic al e m plo ye es.

b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 3 /1 5 F o ur A sp ects o f S o cia l R e sp onsib ilit y S o cia l r e sp onsib ilit y h as f o ur a sp ects — eco no m ic , l e g al, e th ic al, a n d p hila n th ro p ic r e sp onsib ilit ie s. E ac h o f t h ese a re d is c u sse d b elo w . ‹ 1 / 4 › b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 4 /1 5 B efo re a n o rg an iz a tio n c an f u lf ill i t s l e g al, e th ic al, a n d p hila n th ro p ic r e sp onsib ilit ie s, i t m ust f ir s t m eet i t s e co no m ic r e sp onsib ilit ie s . I t m ust g en era te p ro fit s a n d m an ag e b ud gets w ell s o i t c an p ro vid e j o b s t o e m plo ye es a n d h elp s tr e n g th en t h e e co no m y. I f i t d oes n o t d o t h is , i t w ill n o t s ta y i n b usin ess. A s s u ch , t h ere w ill b e n o n eed f o r i t t o b e c o nce rn ed a b out t h e o th er r e sp onsib ilit ie s b ecau se t h ey w ill n o t e xis t. E ffe ct o n E m plo ye es H ow d oes a n o rg an iz a tio n’s e ffo rts t o m eet t h ese f o ur s o cia l r e sp onsib ilit ie s a ffe ct e m plo ye es? E m plo ye es m ust s tr iv e t o h elp a n o rg an iz a tio n d o t h e b est p ossib le w ork s o i t c an m eet i t s e co no m ic r e sp onsib ilit ie s. A s t h ey d o t h is , e ac h i n d iv id ual e m plo ye e m ust e n su re t h at h e o r s h e m eets l e g al r e q uir e m en ts , d oin g t h e w ork i n a c co rd an ce w it h t h e l a w . A s t h is c o urs e h as r e p eate d ly e m phasiz e d , e m plo ye es m ust s tr iv e t o b e e th ic al, h elp in g a n o rg an iz a tio n d eve lo p a n e th ic al o rg an iz a tio nal c u lt u re t h at m eets i t s e th ic al r e sp onsib ilit ie s. A nd f in ally , e m plo ye es s h o uld a ssis t t h e o rg an iz a tio n a s i t e n g ag es i n p hila n th ro p ic a c tiv it ie s t o m eet i t s p hila n th ro p ic r e sp onsib ilit ie s. T h is i n clu d es p artic ip atin g i n a c tiv it ie s s u ch a s f o od d riv e s a n d f u n d ra is e rs f o r c h arit ie s.

A s t h ey s tr iv e t o m eet e ac h o f t h ese r e sp onsib ilit ie s, i t i s i m porta n t t h at e m plo ye es m ain ta in a n a p pro p ria te l if e /w ork b ala n ce . J u g glin g t h ese r e sp onsib ilit ie s a n d c o m ple tin g a ll o f t h e a c tiv it ie s r e q uir e d t o m eet t h em c an b e t im e c o nsu m in g . E m plo ye es s h o uld e n su re t h ey h ave a s u it a b le b ala n ce b etw een t h e t im e s p en t a t w ork c o m pare d t o t h e t im e t h ey s p en d o n a c tiv it ie s i n t h eir p ers o nal l iv e s. T h e m an ag em en t o f t h eir o rg an iz a tio n s h o uld s u p port t h em i n t h ese e ffo rts .

T h ese c an b e d efin ed a s f o llo w s: S w eats h o p s – “ W ork e n vir o nm en ts t h at p osse ss t h re e m ajo r c h ara c te ris tic s— lo ng h o urs , l o w p ay, a n d u n sa fe o r u n h ealt h y w ork in g c o nd it io ns. S w eats h o p s m ay a ls o h ave p olic ie s t h at s e ve re ly r e str ic t w ork e rs ' f r e ed om s, i n clu d in g l im it in g b ath ro om b re aks a n d e ve n c o nve rs a tio ns w it h f e llo w w ork e rs . A t i t s w ors t, v io le n ce i s u se d a g ain st s w eats h o p w ork e rs ” ( E ncyc lo p ed ia .c o m ). S w eats h o p s a n d O uts o urc e d L a b or W HAT A R E T H EY? W HY D O B U SIN ESSES U SE T H EM ? A R E T H EY E TH IC AL? b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 6 /1 5 O uts o urc e d L a b or o r O uts o urc in g – “ O uts o urc in g i s a p ra c tic e u se d b y d if fe re n t c o m pan ie s t o r e d uce c o sts b y t r a n sfe rrin g p ortio ns o f w ork t o o uts id e s u p plie rs r a th er t h an c o m ple tin g i t i n te rn ally ” ( In ve sto p ed ia .c o m ). U nit e d N atio ns G lo b al C om pac t P rin cip le s I n r e sp onse t o p ro b le m s w it h U .S . c o m pan ie s t h at h ir e w ork e rs i n f o re ig n c o un tr ie s, t h e U nit e d N atio ns d eve lo p ed t h e G lo b al C om pac t , a v o lu n ta ry i n it ia tiv e i n te n d ed t o e n co ura g e b usin esse s t o o p era te o ve rs e as i n a s o cia lly r e sp onsib le m an ner. A s t h e U nit e d N atio n’s w eb sit e s ta te s, R e sp onsib le b usin esse s e n ac t t h e s a m e v a lu e s a n d p rin cip le s w here ve r t h ey h ave a p re se n ce , a n d k n o w t h at g ood p ra c tic e s i n o ne a re a d o n o t o ffs e t h arm i n a n o th er. B y i n co rp ora tin g t h e G lo b al C om pac t p rin cip le s i n to s tr a te g ie s, p olic ie s a n d p ro ce d ure s, a n d e sta b li s h in g a c u lt u re o f i n te g rit y , c o m pan ie s a re n o t o nly u p ho ld in g t h eir b asic r e sp onsib ilit ie s t o p eo p le a n d p la n et, b ut a ls o s e ttin g t h e s ta g e f o r l o ng -t e rm s u cc e ss” ( U nit e d N atio ns). “ b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 7 /1 5 T h e C om pac t h as t e n p rin cip le s t h at f a ll u n d er f o ur c ate g orie s— hum an r ig hts , l a b or, e n vir o nm en t, a n d a n ti- c o rru p tio n. T h ese p rin cip le s a re l is te d b elo w : H UM AN R IG HTS L A BO R E N VIR O NM EN T A N TI C O RRUPTIO N S tr a te g ie s f o r G iv in g t o t h e C om mun it y b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 8 /1 5 W hen i n d iv id uals a n d o rg an iz a tio ns g iv e t o t h e c o m mun it y , t h ey h ave t w o o p tio ns f o r h o w t o a c co m plis h t h is . T h ey c an e n g ag e i n p hila n th ro p y , w hic h i s “ th e p ra c tic e o f g iv in g m oney a n d t im e t o h elp m ake l if e b ette r f o r o th er p eo p le ” ( M erria m -W eb ste r D ic tio nary ). T h ey a ls o c an p artic ip ate i n v o lu n te eris m , w hic h i s “ th e a c t o r p ra c tic e o f d oin g v o lu n te er w ork i n c o m mun it y s e rv ic e ” ( M erria m -W eb ste r D ic tio nary ). A v o lu n te er i s “ a p ers o n w ho d oes w ork w it h o ut g ettin g p aid t o d o i t ” ( M erria m -W eb ste r D ic tio nary ).

V olu n te eris m i s p erfo rm ed b oth f o rm ally a n d i n fo rm ally . F o rm al v o lu n te eris m i s w ork d one i n a n o rg an iz a tio n, s u ch a s a n o np ro fit a g en cy. I n fo rm al v o lu n te eris m i s m ore p ers o nal a n d t y p ic ally b en efit s a n i n d iv id ual o r g ro up w ho h as a p ers o nal c o nnectio n w it h t h e v o lu n te er. F o r e xa m ple , a v o lu n te er m ay p ra c tic e i n fo rm al v o lu n te eris m b y r e g ula rly a ssis tin g a n e ld erly n eig hb or w ho n eed s s e rv ic e s s u ch a s t r a n sp orta tio n. I n fo rm al v o lu n te eris m i s a ls o k n o w n a s s o cia l s u p port o r h elp in g b eh avio r.

S o m e i n fo rm al v o lu n te eris m b en efit s a n i n d iv id ual’ s c o lle ag ue s o r e m plo ye r. F o r e xa m ple , a n i n d iv id ual m ay p artic ip ate i n a c o m pan y-s p onso re d f o od d riv e t o b oost t h e a m oun t o f f o od t h e c o m pan y d onate s. T h is , i n t u rn , h elp s t h e c o m pan y g en era te r e co g nit io n a n d p ub lic it y f o r i t s g ood d eed . W hen i n d iv id uals d o v o lu n te eris m s u ch a s t h is , i t i s c alle d o rg an iz a tio nal c it iz e n sh ip b eh avio r . b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 9 /1 5 M oney – T o o p era te a n d p ro vid e g ood s a n d s e rv ic e s, n o np ro fit o rg an iz a tio ns a n d c h arit ie s r e ly o n d onatio ns o f m oney t o e n su re t h ey h ave s u ffic ie n t c ash f lo w s. D onatin g m oney t o n o np ro fit s a n d c h arit ie s i s a n i m porta n t w ay t h at c o m pan ie s a n d t h eir e m plo ye es c an g iv e b ac k t o t h e c o m mun it y a n d p ra c tic e s o cia l r e sp onsib ilit y . W ays t o E ng ag e i n P h ila n th ro p y a n d V olu n te eris m G en era lly , p hila n th ro p y a n d v o lu n te eris m c an b e p ra c tic e d i n o ne o f f o ur w ays. ‹ 1 / 4 › T ra c kin g P h ila n th ro p y a n d V olu n te eris m T R AC KIN G P H IL A N TH RO PY T R AC KIN G V O LU NTE ER IS M b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 0/1 5 T h e N atio nal P h ila n th ro p ic T ru st t r a c ks p hila n th ro p y i n t h e U nit e d S ta te s. T h e T ru st’ s d ata s h o w s t h at c h arit a b le g iv in g i n t h e U nit e d S ta te s w as a t a n a ll- t im e h ig h i n 2 014 w hen A m eric an s d onate d $ 358.3 8 b illio n, w hic h w as a 7 .1 p erc e n t i n cre ase o ve r d onatio ns m ad e i n 2 013 . M ost o f t h is a m oun t— $258.5 1 b illio n o r 7 2 p erc e n t o f t h e t o ta l— was d onate d b y i n d iv id uals . D onatio ns b y f o un d atio ns a c co un te d f o r $ 53.9 7 b illio n, o r 1 5 p erc e n t o f t h e t o ta l. B eq ue sts c o m pris e d e ig ht p erc e n t o f t h e t o ta l a t $ 28.1 3 b illio n. T h e r e m ain in g f iv e p erc e n t, o r $ 17 .7 7 b illio n, w as d onate d b y c o rp ora tio ns. L e sso n O ve rv ie w O rg an iz a tio ns t e n d t o b e p ow erfu l a n d c an m ake a p ro fo un d i m pac t o n t h e c o m mun it y . T h ey s h o uld g iv e b ac k t o t h e c o m mun it y w heth er i n t h e f o rm o f m oney, t im e, o r r e so urc e s. E m plo ye es s h o uld a ls o b e i n vo lv e d b ut m an ag ers m ust b e a w are o f m ain ta in in g t h eir e m plo ye es’ w ork a n d l if e b ala n ce . b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 1 /1 5 K no w le d ge C heck R e n it a i s c o nce rn ed t h at h er c o m pan y i s n o t t a kin g a ll a sp ects o f i t s s o cia l r e sp onsib ilit y s e rio usly e n o ug h. S he h as n o tic e d t h at h er c o m pan y m ake s i t a p rio rit y t o m axim iz e p ro fit s a n d e n su re t h at i t d oes n o t h ave t o l a y a n yo ne o ff. T h e c o m pan y h as a n e th ic s c o d e, a n d e m plo ye es a re p ro vid ed w it h t r a in in g t o h elp t h em u n d ers ta n d w hat b eh avio r t h e c o m pan y e xp ects f r o m t h em a s t h ey d o t h eir j o b s. T h e c o m pan y t r ie s t o p ay e m plo ye es a f a ir w ag e a n d d o o th er t h in g s t h at a re r e g ard ed a s e th ic al b eh avio r. T h e c o m pan y a ls o p artic ip ate s i n a n a n nual f o od d riv e a n d e n co ura g es e m plo ye es t o d onate t o c h arit ie s t h ro ug h U nit e d W ay. B ut s h e a ls o h as n o tic e d t h at t h e a c co un tin g d ep artm en t t e n d s t o c u t c o rn ers a n d d oes n o t a lw ays c o m ply w it h g en era lly a c ce p te d a c co un tin g p rin cip le s ( G AAP). I n a d dit io n, s h e h as h eard r u m ors t h at s o m e o f t h e m an ag ers h ave p artic ip ate d i n i n sid er t r a d in g . W hic h a sp ect o f s o cia l r e sp onsib ilit y d oes i t a p pear t h at R e n it a ’s c o m pan y i s n o t u p ho ld in g ? E co no m ic R e sp onsib ilit ie s b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 2/1 5 J o nath an o w ns a s m all c o m pan y t h at m ake s c u sto m l e ath er j a c ke ts . E ac h j a c ke t i s o ne-o f- a -k in d a n d J o nath an ’s c u sto m ers t e n d t o b e w ealt h y i n d iv id uals w ho w an t u n iq ue c lo th in g t h at t h ey c an w ear a s a s ta tu s s y m bol. J o nath an m ad e a n ic e p ro fit u n til r e ce n tly , w hen t h e e co no m y e n te re d a r e ce ssio n.

H e h as l o st s e ve ra l c u sto m ers a n d s in ce h is j a c ke ts a re e xp en siv e , h e h as n o t b een a b le t o a ttr a c t n ew c u sto m ers . E co no m is ts a re f o re castin g t h at t h e r e ce ssio n w ill l a st a t l e ast a n o th er y e ar, a n d J o nath an d oes n o t t h in k t h at h is c o m pan y w ill b e a b le t o w it h sta n d a n o th er y e ar o f r e d uce d r e ve n ue s. H e i s w eig hin g h is o p tio ns f o r t h e b est w ay t o a d dre ss t h e s it u atio n, c u ttin g h is c o sts w hile c o ntin uin g t o o p era te h is b usin ess i n a n e th ic al a n d s o cia lly r e sp onsib le m an ner. W hic h o f t h e f o llo w in g i s h is b est o p tio n t o a c h ie ve t h is ?

K ayla i s a n a c tiv is t f ig htin g a g ain st t h e u se o f c h ild l a b or b oth i n t h e U nit e d S ta te s a n d a ro un d t h e w orld . S he i s s tr u g glin g t o g et a tte n tio n f r o m c o m pan ie s t h at s h e s u sp ects u se c h ild l a b or i n t h eir o p era tio ns. S he h as d ecid ed t o a p pro ac h t h e U nit e d N atio ns f o r a ssis ta n ce . S he k n o w s t h ey h ave a n i n it ia tiv e t h at r e co m men d s b usin esse s d eclin e f r o m u sin g c h ild l a b or i n t h eir o p era tio ns. W hat i s t h e n am e o f t h is i n it ia tiv e ? E th ic al R e sp onsib ilit ie s L e g al R e sp onsib ilit ie s P h ila n th ro p ic R e sp onsib ilit ie s S w eats h o p s O uts o urc in g I n fo rm al V olu n te eris m O rg an iz a tio nal C it iz e n sh ip B eh avio r O rg an iz a tio nal C it iz e n sh ip B eh avio r b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 3/1 5 L a rry i s s p en d in g h is w eeke n d h elp in g h is c o m pan y w it h i t s a n nual f o od d riv e . N ext m onth , h e w ill p artic ip ate i n a g olf t o urn am en t s p onso re d b y h is c o m pan y w it h t h e p ro ce ed s s e t t o b e d onate d t o c h arit y . L a te r i n t h e y e ar, h e w ill s p en d a w eeke n d w it h c o -w ork e rs p artic ip atin g i n a H ab it a t f o r H um an it y e ve n t s p onso re d b y h is c o m pan y. W hen L a rry d oes t h ese t y p e a c tiv it ie s, w hat h e i s p ra c tic in g ?

D avid i s a n a c co un ta n t w ho w an ts t o b e s o cia lly r e sp onsib le a n d d o c o m mun it y o utr e ac h . H e h as a l im it e d i n co m e s o h e c an no t a ffo rd t o m ake d onatio ns t o c h arit ie s. H e h as n o p ro d ucts o r s e rv ic e s a va ila b le t o h im t h at h e c an d onate , a n d h e i s n o t a n e m plo ye r s o h e c an no t h ir e p eo p le s u ch a s v e te ra n s w ho n eed a j o b t o a llo w t h em t o r e en te r s o cie ty . D avid i s d is a p poin te d b ecau se h e d oes n o t f e el t h at h e h as a n yth in g t o o ffe r t h at c h arit ie s a n d s im ila r o rg an iz a tio ns n eed . T h en h e t a lk s w it h a c o lle ag ue w ho i n fo rm s h im t h at a l o cal c h arit y i s s tr u g glin g t o m ain ta in f in an cia l r e co rd s. D avid d ecid es t h at h e c an h elp w it h t h is . B y d oin g t h is , D avid w ill b e p ra c tic in g p hila n th ro p y b y p ro vid in g w hic h o f t h e f o llo w in g t o t h e l o cal c h arit y ? S o cia l R e sp onsib ilit y G lo b al C om pac t P h ila n th ro p ic R e sp onsib ilit ie s O rg an iz a tio nal C it iz e n sh ip B eh avio r E th ic al R e sp onsib ilit ie s F o rm al V olu n te eris m S o cia l R e sp onsib ilit y I n fo rm al V olu n te eris m b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 4/1 5 K ey T e rm s: E C O NO M IC R ESPO NSIB IL IT IE S E TH IC AL R ESPO NSIB IL IT IE S F O RM AL V O LU NTE ER IS M G LO BAL C O M PA C T I N FO RM AL V O LU NTE ER IS M L E G AL R ESPO NSIB IL IT IE S O RG AN IZ AT IO NAL C IT IZ E N SH IP B EH AV IO R O UTS O URCED L A BO R O R O UTS O URCIN G P H IL A N TH RO PIC R ESPO NSIB IL IT IE S P H IL A N TH RO PY S O CIA L R ESPO NSIB IL IT Y S W EAT S H O PS V O LU NTE ER O uts o urc e d L a b or o r O uts o urc in g E co no m ic R e sp onsib ilit ie s S kills b ac k t o t o p 5 /1 9/2 017 M GM T314 C om munity O utr e ach a nd R espect h ttp s://e dge.a pus.e du/a ccess/c onte nt/g ro up/b usin essc om mon/U niv ers al/M GM T/3 14/e lf/le sson7 /e lf_ in dex.h tm l 1 5/1 5 V O LU NTE ER IS M S o urc e s:

C orp ora tio n f o r N atio nal a n d C om mun it y S erv ic e . 2 014 . T h e S ta te o f V olu n te erin g i n A m eric a. R e p ort a c ce sse d o n- l in e a t h ttp :/ /w ww.v o lu n te erin g in am eric a.g ov/ in fo g ra p hic .c fm . E ncyc lo p ed ia .c o m . 2 009. “ S w eats h o p s.” A cce sse d o n-lin e J u n e 1 0 , 2 016 , a t h ttp :/ /w ww.e n cyc lo p ed ia .c o m /to p ic / S w eats h o p s.a sp x. I n ve sto p ed ia .c o m . “ O uts o urc in g .” A cce sse d o n-lin e J u n e 1 0 , 2 016 , a t h ttp :/ /w ww.in ve sto p ed ia .c o m /te rm s/ o /o uts o urc in g .a sp M erria m -W eb ste r D ic tio nary . A cce sse d o n-lin e J u n e 1 0 , 2 016 , a t h ttp :/ /w ww.m erria m -w eb ste r.c o m /d ic tio nary . N atio nal P h ila n th ro p ic T ru st. 2 014 . C harit a b le G iv in g S ta tis tic s. R e p ort a c ce sse d o n-lin e a t h ttp :/ /w ww.n p tr u st. o rg /p hila n th ro p ic -r e so urc e s/ ch arit a b le -g iv in g -s ta tis tic s/ . S cilly , M . D em an d M ed ia . “ F o ur T yp es o f C orp ora te S o cia l R e sp onsib ilit y .” C hro n. A cce sse d o n-lin e J u n e 1 0 , 2 016 , a t h ttp :/ /sm allb usin ess.c h ro n.c o m /fo ur-t y p es-c o rp ora te -s o cia l- r e sp onsib ilit y -5 4662.h tm l. U nit e d N atio ns. “ T h e T e n P rin cip le s o f t h e U N G lo b al C om pac t. ” A cce sse d o n-lin e J u n e 1 1, 2 016 , a t h ttp s:/ /w ww.u n g lo b alc o m pac t. o rg /w hat-is -g c/ m is sio n/p rin cip le s. b ac k t o t o p