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Incorporating social goals into the annual planning process; Seeking comparative industry norms for social programs; Presenting reports to organization members, the board of directors, and stockholders

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What is a hybrid corporation?

A corporation that is socially responsible as a benefactor to society while making a profit for its' owners & investors.


Does a corporation have to act selflessly to be considered socially responsible?

No, a corporation does not have to act selflessly to be considered socially responsible. Social responsibility can include balancing profit motives with ethical practices, community engagement, and environmental stewardship. Companies can pursue their financial interests while also making positive contributions to society, as long as they consider the broader impact of their actions. Ultimately, socially responsible behavior can coexist with business objectives, leading to long-term benefits for both the company and the community.


What are the advantages and disadvantages of modern corporation?

One advantage to having a modern corporation is the fact that they can better manage their costs and employees based on information from research. A disadvantage to having a modern corporation is the fact that they generally aren't socially responsible.


What is non socially responsible?

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Why is socially responsible target marketing important?

why is socially responsible target marketing is important


Between being ethical and being socially responsible?

There is a huge difference between being ethical and being socially responsible. You do not need to be ethical to be socially responsible for example.


What would a socially responsible company use?

Socially responsible companies use renewable resources.


What Corporations are not socially responsible?

There are many corporations that may not be socially responsible for a moment. Wells Fargo and other banking institutions wasn't socially responsible when they mismanaged mortgages in 2008.


What statement about corporations is not true?

their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts kking kkilla Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts Their shareholders are responsible for the corporation's actions and debts


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