•Social Obligation
ØThe obligation of a business to meet its economic and legal responsibilities and nothing more.
•Social Responsiveness
ØWhen a firm engages in social actions in response to some popular social need.
•Social Responsibility
ØA business's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.
A duty is something that one is required to do, often based on a legal or moral obligation. A responsibility is a task or obligation that one is expected to fulfill, often based on a role or position.
A duty is something that one is required to do, often based on a legal or moral obligation. A responsibility is a task or role that one is expected to fulfill, often based on a social or personal obligation.
Obligation is a duty or responsibility that one is required to fulfill, while commitment is a promise or pledge to do something. Obligations are often external expectations, while commitments are personal choices.
Necessity refers to something that is indispensable or required for a certain outcome, while obligation refers to a duty or responsibility to do something as a result of a moral, legal, or social contract. Necessity implies there is no other choice, whereas obligation suggests a sense of duty or commitment.
Commitment is a voluntary dedication to a cause or goal, while obligation is a duty or responsibility that one is required to fulfill. To navigate between the two, one must prioritize their commitments and obligations, communicate effectively, and manage their time wisely to fulfill their responsibilities effectively.
Responsibility refers to one's duty or obligation to complete a task or fulfill a role. Responsiveness is the quality of reacting quickly and positively to something, such as feedback or requests. Obligation is a duty or commitment to do something, often because of a moral or legal requirement.
With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.
A duty is something that one is required to do, often based on a legal or moral obligation. A responsibility is a task or obligation that one is expected to fulfill, often based on a role or position.
A duty is something that one is required to do, often based on a legal or moral obligation. A responsibility is a task or role that one is expected to fulfill, often based on a social or personal obligation.
yes ofcourse take a look at the stewardship theory and the stakeholder theory..there is conflict between having an obligation to society/stakeholders or shareholders.
Obligation is a duty or responsibility that one is required to fulfill, while commitment is a promise or pledge to do something. Obligations are often external expectations, while commitments are personal choices.
Necessity refers to something that is indispensable or required for a certain outcome, while obligation refers to a duty or responsibility to do something as a result of a moral, legal, or social contract. Necessity implies there is no other choice, whereas obligation suggests a sense of duty or commitment.
differentiate between general and specific reserve?
It's important to differentiate between right and wrong. She could not differentiate between the two identical twins. The new software features were designed to help differentiate their product from competitors. The expert could easily differentiate authentic artwork from fakes.
Differentiate a pilot and a plane!
To differentiate between plants and animals, one might look at coloring and the presence of mouths, noses, arms, legs, etc. Additionally, levels of responsiveness and awareness are good ways of telling animals and plants apart.
Commitment is a voluntary dedication to a cause or goal, while obligation is a duty or responsibility that one is required to fulfill. To navigate between the two, one must prioritize their commitments and obligations, communicate effectively, and manage their time wisely to fulfill their responsibilities effectively.