The word that describes the obligation of a business to contribute to the well-being of a community is "corporate social responsibility" (CSR). CSR encompasses a company's efforts to engage in ethical practices, support community initiatives, and promote sustainable development. This commitment goes beyond profit-making to include a focus on social, environmental, and economic impacts. Ultimately, CSR reflects a business's responsibility to its stakeholders and society at large.
social responsibility
by focusing on their own profit
Commitment
Yes, the socioeconomic model of social responsibility emphasizes that business decisions should consider their impact on society as a whole, not just on shareholders. This model advocates for a balance between profit-making and the welfare of stakeholders, including employees, customers, and the community. By prioritizing social and environmental considerations, businesses can contribute positively to societal well-being while still achieving economic success.
what makes good business
social responsibility
it can be a child of god
by focusing on their own profit
CSR stands forCorporate Social Responsibility.CSR is the obligation of an organization to consider the impacts of its decisions and activities on human society, the global and local environment and its own prosperity, known as the “triple bottom line” of people, planet, and profit.
While searching for more information in regards to what this means, I came accross many community web-sites discussing the implications of a business to business sales tax. My understanding of this is that a community would benefit in the collection of their local business sales tax being paid to the community the business resides in, so that the local government can use these resources for budgeting the economic needs of their local community, instead of the business taxes of the local businesses being allotted to the state, or some other government body, in which case the town would not have these funds to use in their budgets.
A member of a community is an individual who resides in a particular area or shares common interests, values, or goals with others in that community. Members often participate in activities, events, and discussions that contribute to the overall well-being and development of the community.
health and well being of the person....
They make sure that the business is being operated in a profitable way and by this the business will grow leading to an increase in productivity and might increase the GDP of the country.....
Milton Hershey was primarily focused on his business and philanthropic endeavors rather than political activism. He advocated for community welfare and the well-being of his employees, often supporting education and social initiatives in his hometown of Hershey, Pennsylvania. Although he did not engage deeply in political affairs, his progressive ideas about employee welfare and community development reflected a belief in the responsibilities of business leaders to contribute positively to society.
(Apex) Ability to contribute to their community.
Paying taxes is a civic responsibility, as it is an obligation of citizens to contribute to the funding of government services and infrastructure. This financial contribution supports essential services such as education, healthcare, and public safety, fostering the overall well-being of society. Additionally, it reflects a commitment to the social contract, where individuals participate in the collective welfare of their community and country.
Being a teacher positively impacts the community by educating and shaping future generations, fostering critical thinking, and promoting social values and skills. Teachers play a crucial role in preparing students to become informed citizens who contribute positively to society and the community at large.