5-10 Social Responsibility o Social responsibility. the managers duty to nurture protect and enhance the welfare of stakeholders There are many ways managers respond to this duty o Obstructionist response: managers choose not to be socially responsible. Managers behave illegally and unethically They hide and cover-up problems win/MeGraw-Hill CThe McGraw-Hill Companies, Inc, 2000Irwin/McGraw-Hill ©The McGraw-Hill Companies, Inc., 2000 5-10 Social Responsibility ⚫Social Responsibility: the manager’s duty to nurture, protect and enhance the welfare of stakeholders. There are many ways managers respond to this duty: ⚫Obstructionist response: managers choose not to be socially responsible. ◼ Managers behave illegally and unethically. ◼ They hide and cover-up problems