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Shareholders are the owners of the company. They invest their money and also undertake risk. Therefore, the company owns responsibilities to its shareholders as mentioned below :-
- To provide good and regular Answers.com.
- To earn profit and bring financial soundness to the company and the investors.
- To make planning for the growth, stability and progress of the company.
- To give information about finance to the shareholders by providing Answers.com, director's report, profit and loss account, Answers.com, etc.
- To build and maintain goodwill of the company in the eyes of society.
- To make proper use of funds of shareholders.
- The directors should not make reckless speculation, i.e. unfair practice on the Answers.com and manipulation to increase the price of the shares.
- To assure steady growth of the investment by appreciation in the Answers.com of shares.
Shareholders are the owners of the company. They invest their money and also undertake risk. Therefore, the company owns responsibilities to its shareholders as mentioned below :-
- To provide good and regular Answers.com.
- To earn profit and bring financial soundness to the company and the investors.
- To make planning for the growth, stability and progress of the company.
- To give information about finance to the shareholders by providing Answers.com, director's report, profit and loss account, Answers.com, etc.
- To build and maintain goodwill of the company in the eyes of society.
- To make proper use of funds of shareholders.
- The directors should not make reckless speculation, i.e. unfair practice on the Answers.com and manipulation to increase the price of the shares.
- To assure steady growth of the investment by appreciation in the Answers.com of shares.
Shareholders are the owners of the company. They invest their money and also undertake risk. Therefore, the company owns responsibilities to its shareholders as mentioned below :-
- To provide good and regular Answers.com.
- To earn profit and bring financial soundness to the company and the investors.
- To make planning for the growth, stability and progress of the company.
- To give information about finance to the shareholders by providing Answers.com, director's report, profit and loss account, Answers.com, etc.
- To build and maintain goodwill of the company in the eyes of society.
- To make proper use of funds of shareholders.
- The directors should not make reckless speculation, i.e. unfair practice on the Answers.com and manipulation to increase the price of the shares.
- To assure steady growth of the investment by appreciation in the Answers.com of shares.
Shareholders are the owners of the company. They invest their money and also undertake risk. Therefore, the company owns responsibilities to its shareholders as mentioned below :-
- To provide good and regular Answers.com.
- To earn profit and bring financial soundness to the company and the investors.
- To make planning for the growth, stability and progress of the company.
- To give information about finance to the shareholders by providing Answers.com, director's report, profit and loss account, Answers.com, etc.
- To build and maintain goodwill of the company in the eyes of society.
- To make proper use of funds of shareholders.
- The directors should not make reckless speculation, i.e. unfair practice on the Answers.com and manipulation to increase the price of the shares.
- To assure steady growth of the investment by appreciation in the Answers.com of shares.
Shareholders are the owners of the company. They invest their money and also undertake risk. Therefore, the company owns responsibilities to its shareholders as mentioned below :-
- To provide good and regular Answers.com.
- To earn profit and bring financial soundness to the company and the investors.
- To make planning for the growth, stability and progress of the company.
- To give information about finance to the shareholders by providing Answers.com, director's report, profit and loss account, Answers.com, etc.
- To build and maintain goodwill of the company in the eyes of society.
- To make proper use of funds of shareholders.
- The directors should not make reckless speculation, i.e. unfair practice on the Answers.com and manipulation to increase the price of the shares.
- To assure steady growth of the investment by appreciation in the Answers.com of shares.
1. To ensure safety of investment.
2. To ensure fair and regular return on investment.
3. To give complete information regarding the financial position of the business.
4. To give them opportunities to participate in decision making.
5. To ensure appreciation of investment by proper utilisation of resources.
6. To make proper use of funds of shareholders.
What else can I help you with?
Why firm fail to realize important of customer?
Some reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethicsSome reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethicsSome reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethicsSome reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethicsSome reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethicsSome reasons would include:* Lack of social responsibility * Poor management * Lack of understanding about customer behavior * Lack of passion for mankind * Lack of business ethics
How does social responsibility by business affect consumer community positively and negatively?
If a business shows social responsibility by contributing to a local charitable organization, it will have a positive effect on its customers. However, if that same business ignores local charities and donates to other charities that are of a foreign nature, it might have a negative affect because local problems are being ignored.
Why is the link between relationship marketing and social responsibility so important to smalls business success?
The link between relationship marketing and social responsibility is crucial for small business success because it fosters trust and loyalty among customers. By demonstrating a commitment to ethical practices and community engagement, small businesses can differentiate themselves in a competitive market. This positive reputation not only attracts customers but also encourages repeat business and referrals, enhancing long-term profitability. Ultimately, integrating social responsibility into relationship marketing strategies strengthens customer relationships and aligns business goals with societal values.
What is the corporate social responsibility of Marks and Spencer?
tescos
is social responsibility a market gimmick?
it is ,to some extent
The theory of business social responsibility that holds that a business owes duties solely to produce the highest return for its shareholders is?
It is called a "fiduciary" responsiblity.
Milton friedman social responsibility?
"The only social responsibility of a company is to deliver profit to its shareholders".
What are the importance of corporate social responsibility in business?
to maintain an image of company towards society
How can society help business meet its social responsibility?
how can society help business meet social responsibility
What are the arguments against increased social responsibility for business?
Arguments against increased social responsibility for businesses often center on the belief that the primary purpose of a business is to generate profit for shareholders. Critics argue that prioritizing social responsibility can divert resources and focus away from core business operations, potentially compromising competitiveness and economic growth. Additionally, some suggest that increased social mandates can lead to higher operational costs, which may be passed on to consumers. Lastly, there is concern that government regulations enforcing social responsibility could stifle innovation and entrepreneurship.
What is the difference between the views of classical and social responsibility?
Classical view of responsibility holds that a business should solely focus on maximizing profits for shareholders, while social responsibility view believes that businesses should also consider and address the impact of their actions on society and the environment. Classical view emphasizes economic performance, while social responsibility view emphasizes ethical and social impacts.
What is the difference between corporate governance and corporate social responsibility?
Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.
Can profit be the sole objective of the business?
Yes, it can, but expect that business to be short lived. Nowadays, business is about more than just money. More and more, there is a switch towards higher social responsibility.
Who wrote that the social responsibility of business is to increase profits?
Milton Friedman, an American economist and Nobel laureate, famously stated that the social responsibility of business is to increase its profits. In his 1970 essay for The New York Times, he argued that businesses should prioritize profit generation for their shareholders while adhering to the law and ethical standards. Friedman believed that engaging in social responsibility beyond profit-making could undermine a company's primary economic role.
Corporate social responsibility?
I think CSR is the responsibility towards the society, your contributions towards the society and also serving the nation.
What has the author Poerwanto written?
Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business
Who said that the social responsibility of business is a fundamentally subversive doctrine and that the one social responsibility of business is to use its resources and engage in activities design?
milton friedman
