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Although a corporation exists for the purpose of creating a profit for its shareholders, it is also recognized that a corporation can play a significant role in society, for good or for ill, and it has responsibilities to make society better, not worse, much like the responsibilities of the individual members of society. If a corporation makes a profit at the expense of harming the society in which it exists (for example, through highly toxic pollution) then it is not a good corporate citizen.
What else can I help you with?
What is a economic responsibilities of a parent?
to provide basic economic needs of their children and to earn an income
How did David potter see American capitalism economic beliefs and basic social goods?
As a combination of economic beliefs and basic social goods.
Do profit comes to an organization when its responsibilities have be met or must an organization makes a profit before it can meet its responsibilities?
Profit come to anorganisation when its responsibilities had been metbeacause profit is the last or remaining proceeds after all cost and its subsidiaries had been met.The responsibilities of any organisation is to meet its basic operational needs,pay the staff,pay tax etc,Therefore an organisation must first devote it energy on meeting its responsibilities then profit come if those responsibilities had been met effective and efficiently.
What are the four basic approaches to social responsibility?
the envirnment, its customers, its employees, and its investors. :)
What is the meaning of basic market models?
the meaning of market models is competition derived from pure competition meaning many sellers, monopolistic competition meaning most sellers, oligopoly competition meaning few sellers and pure monopoly meaning one seller.
What are the basic responsibilities of government?
the basic responsibilities are to protect your rights to life, liberty, and property, and to promote the common good.
What are the three basic types of ethical issues?
systemic issues corporate individual
What is a basic plan for a local governmental unit that defines its powers responsibilities and organization?
a basic plan for local governmental unit that defiones its powers,responsibilities , and organization?
What does apple logo mean?
Your question can be read in two different ways. First, what is the meaning of the term "apple logo". It is the corporate symbol of the Apple computer company. Secondly, what is the symbolic meaning of this logo? An apple is a simple, basic part of human existence, and its choice as both the name and corporate logo suggests the desire to make computers a simple, basic part of life as well (which to a large extent, Apple has succeeded in doing).
What are the basic responsibilities of a paralegal?
http://www.nala.org/whatis.htm
What are the basic symbols in social dance?
basic symbolsi n social dance
What are 3 responsibilities of being a librarian?
This question is difficult to answer because there are different types of librarians. Public, academic, corporate, school, etc. But basic three responsiblites would be: * collection development * providing trustworthy information * keeping up with technology
What do you think the employees responsibilities are ...'?
The employee responsibilities vary depending upon job. The basic responsibilities are to be a cooperative member of the team, to be honest and to work hard.
Why is the family considered as the basic unit of social interaction?
The family is considered the basic unit of social interaction because it is typically the first group individuals belong to and where they learn social norms, values, and behaviors. Families provide emotional support, socialization, and care for one another, forming a fundamental foundation for social development. Additionally, families often share resources and responsibilities, contributing to the overall stability and functioning of society.
What are the two basic sources of corporate capital?
Paid in capital and retained earnings
How can you compare project procurement strategy with corporate procurement strategy?
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement
What are the basic responsibilities of the judiciary branch?
to enforce the laws and determine the constitutionality of the laws
