Provision of a positive image in the sense of human rights,labour conditions, customer relations and the business impact on local community
how can society help business meet social responsibility
Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business
milton friedman
claim that the sole social responsibility of business is to increase its profits.
Social responsibility in a traditional perspective includes holding up ethical standards with a business.
Classical view of responsibility holds that a business should solely focus on maximizing profits for shareholders, while social responsibility view believes that businesses should also consider and address the impact of their actions on society and the environment. Classical view emphasizes economic performance, while social responsibility view emphasizes ethical and social impacts.
Mary Choquette has written: 'Revered or reviled' -- subject(s): Corporate image, Social responsibility of business 'Social auditing' -- subject(s): Social accounting, Social responsibility of business
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.
The social responsibility of business is to increase its profit elucidate this statement in the context of the economist. Social responsibility should not be meant for profits but to the thank the loyal customers for buying certain goods.
poop
How does social responsibility by businesses affect the consumer community negatively
Some of the business problems with corporate social responsibility functions are: 1. Demands of national legislature 2. Human rights 3. environmental responsibility 4. civic freedom