Corporate social responsibility is becoming increasingly important as companies must protect consumers, employees, and the environment. However, some companies only create the perception of social responsibility. Large corporations often have a far-reaching impact on the environment and people’s lives. Corporate social responsibility is important for ethical business practices, but some companies engage in greenwashing. The […]
Social judgment theory studies how people form attitudes and make judgments when presented with persuasive messages. It examines the degree of acceptance, rejection, or noncommitment to specific stimuli and the latitude of existing viewpoints. It was created in the 1960s to predict how likely persuasive communications would alter attitudes. Attitudes are based on a complex […]
Social facilitation theory suggests that people perform better on simple tasks in a social setting, but worse on complex tasks. Norman Triplett first observed this in 1890, and subsequent researchers have proposed that arousal and distraction are factors in this phenomenon. The term social facilitation refers to a psychological theory that people are more successful […]
Social security income is a broad term that can refer to different programs, including Supplemental Security Income (SSI) and Old Age, Survivors and Disability Insurance (OASDI). SSI is available to anyone who qualifies, while OASDI is based on credits earned through work. SSI payments are lower but can be received by anyone, while OASDI payments […]
US workers and employers pay Social Security taxes to fund the OASDI program, which includes welfare initiatives for retirees, the unemployed, and children. Social Security and Medicare taxes are withheld from an employee’s paycheck, with workers paying half and employers paying the other half. Self-employed individuals pay the full tax. The Tax Relief Act of […]
Social business intelligence (BI) is the process of collecting and analyzing data from social media and networks to guide decision making. It uses analytics and internet interfaces to present information in real-time. Social BI is still being defined, with new ways of collecting and analyzing data being discovered. Social business intelligence (BI) is data collected […]
Social knowledge management involves assimilating and supervising social knowledge through dialogue and relationships. It focuses on organizing information from online environments and establishing guidelines for responsible distribution. Backup documentation and submission standards help reduce redundancy and promote trustworthiness. Social knowledge management can also be applied to sharing information between companies for mutual benefit. Social knowledge […]
Social media workshops, taught by industry experts, can teach individuals and businesses how to effectively use social media for networking, advertising, and brand development. The best seminar depends on goals, experience, and investment, with some seminars offering real-life examples and case studies. Consider the return on investment and the availability of free online options. Attending […]
Social Security checks are payments made to eligible recipients in the United States, including retired, disabled, survivors, and dependents. The amount and payment date of each check vary based on factors such as birthdate and average lifetime earnings. Disability benefits are also paid monthly based on average lifetime earnings. A Social Security check is a […]
The Social Security Trust Fund in the US tracks earnings and is split into two funds for retirees and the disabled. It buys US Treasuries and has a surplus, but concerns about its future have led to suggestions of raising taxes or making it a real savings fund. In the United States, the Social Security […]
In the US, people need a Social Security number for tax purposes and identification. They can apply for a card at a local Social Insurance branch, with specific identity requirements. Children under 12 may only need a birth certificate. The card should be kept safe and only used when necessary to prevent identity theft. If […]
Social return on investment is a concept that measures the effects of an action on the environment and people not directly involved. Economists quantify costs and benefits to encourage individuals and organizations to consider their impact. It is related to externalities, where positive benefits are not taken into account. Evaluators measure net benefits and express […]
Social workers help people improve their lives, often working with disadvantaged individuals. There are different types of social worker careers, including family social workers who focus on children and mental health social workers who provide care for those with mental health issues. Social workers in the health and medicine field assist patients with illnesses. These […]
To become a palliative care social worker, you need a college degree, graduate degree, and internship experience. A master’s degree in social work is recommended, along with two years of supervised experience and passing a licensure exam. Emotional strength is necessary for this emotionally challenging job. There are many career options after working in hospice […]
Social media optimization (SMO) is similar to search engine optimization (SEO) but uses social media tools to increase online activity. SMO includes SEO keywords but also encompasses other site optimization practices, such as user-generated content and linkability. SMO sites actively engage in the online community and encourage inbound links through rewards and downloadable files. At […]
Social capitalism blends the free-market sensitivity of capitalism with the social welfare of socialism, using government involvement to raise the earning potential and living standards of the lowest economic strata. It seeks to increase both market participation and the potential for market profit, while protecting lower-level employees without unduly inhibiting business practice. Social capitalism is […]
Social credit theory argues that society’s wealth-building power lies in preserving cultural heritage. Developed by Clifford Hugh Douglas, it suggests that existing economic structures create cyclical events that don’t benefit society. Douglas proposed a discount to balance purchasing power, funded by lending and credit activities. Social credit is an approach to economics that argues that […]
Corporate social responsibility (CSR) is the idea that companies should behave in a socially responsible manner, considering their moral responsibility to society. The concept dates back to the 18th century, with Adam Smith supporting market interactions that serve society’s needs. Milton Friedman, however, believed that a business’s only responsibility was to increase profits for shareholders. […]
The social information processing theory explains how people develop relationships online through strategies such as word choice and self-disclosure. Research supports the theory that online relationships can be just as emotionally significant as offline ones. However, critics argue that anonymity can lead to depersonalization and that attitude towards the medium affects relationship formation. Sociologists agree […]
Social commerce integrates online shopping with social networking, allowing consumers to get advice from trusted sources before making a purchase. Features such as user ratings, comments, and content sharing are used to generate leads and increase sales. Marketers must talk to consumers and encourage conversations to build relationships and increase product sharing. New features, such […]
