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Q: What responsibility do corporations have to a community?
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What characteristics are common to most corporations?

The most common characteristic of a corporation is financial responsibility. Corporations have limited liability which means that the corporation is responsible for paying it's debts. The owners or shareholders are personally shielded from that responsibility.


What are three ways on which corporations can demonstrate a sense of social responsibility?

OBAMA is a cocky prick


Why would you consult with corporate social responsibility consultants?

The reasons that corporations consult a corporate social responsibility consultant firm are because they truly want to be socially responsible or they want to appear to be socially responsible. Many corporations have their own internal social responsibility specialists. Most large companies have relationships with vendors of a supply chain(s). Social responsibility specialists can audit supply chain(s) to evaluate the environmental friendliness and community engagement of, not only their client corporation, but that of their supply chain(s). Social responsibility specialists can assess compliance with industry regulations, helping avoid sanctions or litigation that can increase the cost of doing business. A corporate social responsibility consultant firm can be cost effective and provide a corporation with a good public image. Both of which will please investors.


What is the duty of a business to contribute to the well-being of a community?

social responsibility


How do multinational corporations impacts local community and government?

They impact local community and government by providing jobs and bringing other industries into play in the community. They provide a rich revenue and tax base as well.

Related questions

Do Corporations Have a Responsibility to Society that Extends beyond Merely Maximizing Profits?

No, corporations don't have an explicit responsibility to the community. However, since businesses want to be profitable, managers recognize they are expected to give back in order to retain customers.


What has the author Harvey A Garn written?

Harvey A Garn has written: 'Program evaluation and policy analysis of community development corporations' -- subject(s): Community development corporations


What characteristics are common to most corporations?

The most common characteristic of a corporation is financial responsibility. Corporations have limited liability which means that the corporation is responsible for paying it's debts. The owners or shareholders are personally shielded from that responsibility.


What responsibility do corporations have toward citizens in a democratic state?

protect their integrity and right of privacy


What are three ways on which corporations can demonstrate a sense of social responsibility?

OBAMA is a cocky prick


Which of the following is an example of a concurrent power or responsibility?

chartering banks and corporations


How does social responsibility business positively affect the consumer?

How does social responsibility by businesses affect the consumer community negatively


Why would you consult with corporate social responsibility consultants?

The reasons that corporations consult a corporate social responsibility consultant firm are because they truly want to be socially responsible or they want to appear to be socially responsible. Many corporations have their own internal social responsibility specialists. Most large companies have relationships with vendors of a supply chain(s). Social responsibility specialists can audit supply chain(s) to evaluate the environmental friendliness and community engagement of, not only their client corporation, but that of their supply chain(s). Social responsibility specialists can assess compliance with industry regulations, helping avoid sanctions or litigation that can increase the cost of doing business. A corporate social responsibility consultant firm can be cost effective and provide a corporation with a good public image. Both of which will please investors.


What organizations stresses the responsibility of the community for children wholesome development?

your moms


What is the duty of a business to contribute to the well-being of a community?

social responsibility


What agency has the responsibility of coordinating the agencies comprising the intelligence community?

DNI


What has the author Myra Alperson written?

Myra Alperson has written: 'Measuring corporate community involvement' 'Building the corporate community economic development team : an executive summary' -- subject(s): Charitable contributions, Corporations, Industries, Social aspects, Social aspects of Industries, Social responsibility of business 'The international adoption handbook' -- subject(s): Handbooks, manuals, Intercountry adoption, Interracial adoption, Adoptive parents, Psychology 'Corporate giving strategies that add business value' -- subject(s): Charitable contributions, Corporations, Employees