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Why is there so much government regulation involving social responsibility issues? Should there be less
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.
help me to know the scope of social responsibility
What companies take a defensive approach to social responsibility
With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.
tax revenues
Social programs are funded by taxpayer dollars. This statement is true.
Social Security and Medicare are funded by FICA
Social Security
Social security
Social Security
It is not solely the responsibility of the young to provide financial security for the aged, but rather a shared responsibility among society as a whole. Social support systems, such as government-funded pensions and healthcare programs, should play a role in ensuring financial security for the elderly. Younger individuals can contribute by advocating for and supporting policies that promote the well-being of the aging population.
No ... those of use who are quickly approaching those golden years should not have to worry if those programs are going to be funded or not. Put all Congressmen on the same plan, and I assure you there will be no annual authorization required.
Businesses that are concerned about social responsibility will conduct social audits. This is a systematic evaluation of the organization's progress toward implementing socially responsible programs.
Why is there so much government regulation involving social responsibility issues? Should there be less
demerits of social responsibility
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.