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In this modern and materialistic world everything is governed by the acquisition culture. Usually, the only thing that is measured by greatness is the wealth of the person especially businessmen.
Undoubtedly, many businessmen are blinded by the riches in quest of wealth. They think that profit-earning is all that their life takes in such a way that they forget about the social responsibility of businessmen.
Many of businessmen engage in activities that are disreputable such as black marketing, hoarding, smuggling and many others. These activities guarantee to make more money quickly but they compromise their social responsibility of protecting the economy.
Black marketing would lead to inflation that deprives the government to use monetary sources for social welfare. Many businessmen engage in smuggling that exhausted the country's resources and eventually hold back the economic growth.
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Explain the concept of social responsibility accounting?
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
Concept of social responsibility accounting?
concept of responsibility accounting
What do you mean by social responsibility in a community?
Social Responsibility, when in context with business practices, is the concept that any organization (corporation, entity, LLC, etc) has a certain responsibility to the people, society, or nature which that business comes into contact with.
Is a concept whereby organizations consider the needs of all stakeholders when making decisions?
Corporate Social Responsibility
Explain the social responsibility of a business management to society?
tangina mo di ko alam
What was ancient china's social class?
Scholars, farmers, workers and businessmen, with scholars enjoying the highest social status and the businessmen the lowest.
What is steffens' opinion regarding businessmen?
Steffens believed that many businessmen were corrupt and unethical, prioritizing profit over social responsibility. He criticized their influence on politics and society, arguing that they used their wealth and power to exploit workers and manipulate the system for their own gain.
Is a roman equestrian rich or poor?
The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.The equestrians or equites in ancient Rome were a social class and they were rich as they were the businessmen and merchants of the empire.
What is the socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
What is socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
What are demerits of social responsibility?
demerits of social responsibility
What are the barriers to social responsibility?
Barriers to social responsibility include lack of awareness or understanding of social issues, competing business priorities, financial constraints, and resistance to change within an organization. Additionally, perceived lack of direct benefits or incentives for engaging in social responsibility initiatives can hinder progress.
