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Rather social responsibility of business is not related to making profits. Profits can only be a personal agenda. Society can benefit from it only when it leads to generation of lot of employment. However most likely than not it would be accompanied with pollution hazards and class conflicts.
Business can be said to have resulted in bringing benefits to society if it is done through Eco-friendly techniques. Afforestation should be done at increasing rate, care should be taken not to add to pollution of any kind...& so on...
Seema Jain
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Social responsibility of a business management to society?
Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.
What is the business social responsibility during transaction?
Refers to the enterprises to create profits for shareholders, legal responsibility at the same time, also undertake to employees,consumers, communities and the environment responsibility.Corporate social responsibility requires the enterprises to go beyond the traditional concept of the profit as the only goal,emphasis on human values in the production process of attention,emphasis on consumer, environmental, contribution to society.
What are the arguments for and against increasing the social responsibility of business?
poop
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.
What is Computer Professionals for Social Responsibility's motto?
Computer Professionals for Social Responsibility's motto is 'Technology is driving the future... it is up to us to do the steering'.
The business of business is business discuss?
claim that the sole social responsibility of business is to increase its profits.
Who said The one and only social responsibility of business is to increase profits?
Milton Friedman
How does the economic model of social responsibility differ from the socioeconomic model of social responsibility?
The economic model of social responsibility is in line with the traditional concept of business. It holds that society will earn most if business is left alone to produce products that society needs and make profits. The socioeconomic model of social responsibility holds that business is a part of the society therefore it can not ignore the problems that it causes. The socioeconomic model focus not only in profits but also in the impact of business decisions in society.
Social responsibility of business is to increase its profit elucidate this statement in the context of the economists?
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.
Putting something back into the community from which the business makes profits is call?
It is often referred to as social responsibility.
Social responsibility of a business management to society?
Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.
What is the socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
What is socioeconomic model of social responsibility?
the concept that business should emphasize not only profits but also the impact of its decisions on society
What are the objectives of boots?
To expand and grow, increase profits, maximise sales, improve social image, survival?
How can a business fulfill its social responsibility to its customers and still earn a profit?
while it earns its profits, it IS fulfilling its social res. IT is hiring, training, buying locally.
How can society help business meet its social responsibility?
how can society help business meet social responsibility
When was The Social Responsibility Theory created?
The Social Responsibility Theory was proposed in the 1950s and gained prominence in the 1960s as a response to the growing concern about the impact of business activities on society. It emphasizes that businesses have an obligation to act in ways that benefit society beyond just maximizing profits.
