Is the obligation of management to protect and improve the welfare of society alongside the interest of the business enteprise
Its a new phase to development of accounting and its birth to increase the social awareness. the social effects of business decisions in addition to the economic effects.
Milton Friedman
The social responsibility of the finance manager involves keeping an equilibrium between developing their business and keeping the public happy. The quality of financial services should be the most important aspect.
roles and responsibility of business economist?
To maximize profit by spreading business activities vis a vis adhering to corporate social responsibility.
Its a new phase to development of accounting and its birth to increase the social awareness. the social effects of business decisions in addition to the economic effects.
how can society help business meet social responsibility
Social responsibility is the ethical framework that suggests individuals and organizations have an obligation to act for the benefit of society at large. Social obligation refers to the requirement to meet certain societal norms and legal regulations, which are minimum expectations for social behavior. Social responsiveness is the proactive nature of addressing social issues and going beyond mere compliance, demonstrating a commitment to advancing social well-being.
Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business
milton friedman
claim that the sole social responsibility of business is to increase its profits.
Social responsibility in a traditional perspective includes holding up ethical standards with a business.
Mary Choquette has written: 'Revered or reviled' -- subject(s): Corporate image, Social responsibility of business 'Social auditing' -- subject(s): Social accounting, Social responsibility of business
Social Responsibility, when in context with business practices, is the concept that any organization (corporation, entity, LLC, etc) has a certain responsibility to the people, society, or nature which that business comes into contact with.
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.
poop
How does social responsibility by businesses affect the consumer community negatively