SOCIALLY RESPONSIBLE BUSINESS IN RELATION TO SUPPLIERS
SOCIALLY RESPONSIBLE BUSINESS IN RELATION TO SUPPLIERS
Author(s): Sandra Mrvica Mađarac, Mirjana Nedović, Matej GalićSubject(s): Economy
Published by: Visoka škola za poslovnu ekonomiju i preduzetništvo
Keywords: Socially responsible business; suppliers; the research; obligations towards suppliers; corporate responsibility
Summary/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 questionnaire 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.
Journal: International Review
- Issue Year: 2021
- Issue No: 3-4
- Page Range: 59-65
- Page Count: 7
- Language: English