ABSTRACT
The research work took a look at an appraisal of social responsibility practice by Anambra Motor Manufacturing Company (ANAMMCO) Emene, Enugu. In an attempt to get to the root of the matter being investigated, four research questions and four hypotheses were proposed. The chi square statistics was used to test the hypotheses. The researcher adopted the survey approach. The population of the study is five hundred and ninety (590) staff while the sample size is two hundred and thirty eight (238). The researcher used both primary and secondary sources of data. The primary data was generated through the use of questionnaires and oral interview. The secondary data was sourced through the use of textbooks, journals including newspaper prints from library. The study revealed that apart from the usually tradition of profit making, business firms can also carry out a successful Social Responsibility practice. The study also revealed that social responsibility practice should be legalized given the negative impact of business organization to the society. Where to source funds for financing social programmes and when business should engage in social responsibility programmes were equally x-rayed. Recommendations were also made to ensure possible completion of the work. These include; proper implementation of social issues, strict application of legislation to compel business firms to be socially responsibly and finally, social responsibility should be better practice than imagined since it still create favorable public image for the business and it is normal and right thing to do.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Towards the end of 1800’s to the early 1990’s the mission of business
firms was exclusively economic. During this period, the cardinal purpose of business owners is to make as much profit as possible. To underscore the above assertion, Milton Friedman (1972:88) had contended that the only responsibility of the business is to make as much profit as it can for the owners. Today, partly due to the interdependencies of many groups in our society, the values, goals and attitudes of the society changed significantly. This accounts for the complexity in the society in the area of social, economic as well as environmental problems which have been experienced. This situation is in consonance with the view of Ackerman (1973:89), when he opined that the people increased awareness has brought some expectation and demand to bear on companies to be socially responsible to the society in which they operate. Thus we often talk about the social responsibility and social responsiveness of all organizations although the focus of this study shall be on corporate organizations. There is a question as to what the social responsibility of business really means...
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Item Type: Project Material | Attribute: 87 pages | Chapters: 1-5
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