Abstract
Socially responsible business is a positive attitude of a company towards the public and also towards its employees and its suppliers. In order for companies to successfully function, they need to operate in line through the contracts with their suppliers and in accordance with the corporate responsibility. For the business success to take place it also requires quality relationships with suppliers in order for the procurement to take place continuously, while managing relationships with suppliers represents an important organizational process. For the purpose of this paper research was carried out on a sample of commercial businesses with the aim of gaining insight and analysis whether such corporation are doing business and maintain social responsibility towards suppliers, do they comply to their obligations towards suppliers, and do they treat them in line with the ethical norms of corporative social responsibility. The research was conducted by means of the survey questionary with closed type of question. For the purposes of the research the sample is suitable because only representatives of trade companies were targeted in the sample and descriptive statistics were used in the analysis of the results. The data collection periods are January and February 2021. The research results indicate on the compliance with the suppliers for the purpose of operating responsibly and in a timely manner.
Highlights
Responsible business has recently become a very actual topic, and companies that apply the principles of such behaviour are becoming desirable partners in the market
Decisions made by the company can be characterized as moral or immoral, ethical or unethical, so it is crucial that the adopted strategy of the company has already defined components of socially responsible business with the achievement of business goals and profitability of the company, what applies to their relationship to suppliers
Data in the survey were collected by means of a closed - ended questionnaire, and the survey was conducted through January and February of 2021, with the aim of gaining of an insight and analysis if such companies are doing business on a corporate social responsibility manner to their suppliers, do they comply with their obligations to suppliers and do they handle it in accordance with the ethical standards of corporate social responsibility
Summary
Responsible business has recently become a very actual topic, and companies that apply the principles of such behaviour are becoming desirable partners in the market. Responsible behaviour can be applied to several parts or areas of activity, so we can differ activities related to: the environment, fighting corruption, labour rights, human rights, health promotion, business promotion, development of human resources, relations with partners in the value chain, etc. Responsible business is certainly closely linked to a decision-making. Decisions made by the company can be characterized as moral or immoral, ethical or unethical, so it is crucial that the adopted strategy of the company has already defined components of socially responsible business with the achievement of business goals and profitability of the company, what applies to their relationship to suppliers
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