Chapter 35Social audit
1.What is social audit? What are its benefits?Answer to the question no.1
A social audit is a systematic study and the evaluation of anorganization’s social performance, as distinguished from itseconomic performance. It is concerned with the possible influenceon the social quality of life instead of the economic quality of life.Social audit leads to a report on the social performance of abusiness unit.
Benefits of social audit
The benefits of social audit are as follows:Social audit enables the company to take close look at itself and understand how far the company has lived up to itssocial objectives.Related to the first benefit is the fact that social auditencourages greater concern for social performancethroughout the organization.Social audit provides data for comparing effectiveness of thedifferent types of programs.Social audit provides cost data on social programs so thatmanagement can relate the data to budgets, availableresources, company objectives and projected benefits of programs.Social audit provides information for affective response toexternal claimants that make demands on the organization.News reporters, welfare organizations and variety of others