Research Article

The Most Effective Functioning of Competitive Supply Chain Pricing Based on Social Responsibility Dimensions: A Case Study of Oil Products of Knowledge-Based Companies

Table 3

Propositions of social responsibility (source: author).

ComponentsDefinitions

Environmental dimensionThe environmental dimension is one of the most critical dimensions of social responsibility towards society and the future, which examines the approaches of institutions and organizations towards the development of environmental sustainability. This dimension includes cautious strategies for preventing or minimizing adverse effects, supporting measures and initiatives that promote more environmental responsibilities, and developing and disseminating desirable and environmentally friendly technologies. [50]

Social dimensionThe social dimension has a broader function than other dimensions of social responsibility. It includes the firm’s performance processes towards the community and dynamic social relationships with stakeholders such as information provision, transparency in performances, and flexible organizational structures. It generally explores the relationships of an institution and organization with the environment and society. Some of the indicators of this dimension can include respect for human resource rights, education, and development, and assistance to specialties related to social programs. [51]

Economic dimensionThe economic dimension includes maintaining benefits for companies. It investigates the effect of financial aspects and profitability of an institution and organization on collectivist social interests and its effect on the economy as a whole [57]

Beneficiary dimensionThis dimension refers to the commitment of institutions and organizations in adhering to the needs of stakeholders and is, in fact, a set of management activities that ensure the maximum positive effect of the company’s operations on society. It is also a set of processes that somehow meet or achieve more than the rules, ethics, business, and general expectations of society from business [55]

Voluntary dimensionThis dimension of voluntary activities such as promoting responsible customs and norms, doing charity work, meeting the social needs of the poor, holding nongovernmental organizations and participating in philanthropic activities, etc., all fall into the category of activities of this dimension that can also help the company perform its competitive operations effectively [46]

Ethical dimensionThis dimension refers to the development of professional ethics procedures in business and the existence of observance of spirituality and principles such as work conscience to respect the rights of stakeholders. Organizations and institutions committed to social responsibility will always strive to increase the level of social confidence and belief in accountability and responsibility for the interests of others by developing committed actions against the interests of stakeholders [47]

Institutional dimensionAn institutional dimension is also a modest approach to the legitimacy of social laws and standards, which includes the level of adherence of organizations to the laws and institutional requirements by the institutions that oversee the performance of an organization. In other words, it is a kind of promotion of the rule of law and respect for the requirements formulated by higher institutions that can increase the level of culture of respect for directions at the macro level and increase the level of civilization of respect for civil and individual rights at a more detailed level [51]