The firm must then develop and implement a tangible program to reach this goal. Without the support of top executives, any program will soon falter and become ineffective. A committee of managers should be appointed to plan the program. A top-level executive should be chosen to direct the organization's activities in implementing the plan. A social audit is a comprehensive report of what an organization has done, and is doing, with regard to social issues that affect it.
Funding can come from three sources.
Management can pass the cost on to consumers in the form of higher prices. The corporation may be forced to absorb the cost of the program if, for example, the competitive situation does not permit a price increase. The federal government may pay for all or part of the cost through special tax reductions or other incentives.