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How can society help business meet its social responsibility?

how can society help business meet social responsibility


Did the standard oil company meet its responsibility to society?

Standard Oil Company, owned by John D. Rockefeller, was criticized for its monopolistic practices and anti-competitive behavior. While it provided affordable oil products to consumers, its practices resulted in the stifling of competition and the exploitation of workers. Overall, many believe that Standard Oil did not meet its full responsibility to society.


Who own sustainable development?

United Nations World Commission on Environment and Development


What is sustainability and whose responsibility is it?

Sustainability refers to the ability to meet present needs without compromising the ability of future generations to meet their own needs, encompassing environmental, social, and economic dimensions. It involves practices that protect natural resources, promote social equity, and foster economic viability. While it is a collective responsibility that includes individuals, businesses, and governments, each stakeholder plays a crucial role in implementing sustainable practices and policies. Ultimately, fostering a sustainable future requires collaboration across all sectors of society.


What are some bad ways to react when you're faced with unwanted responsibilities?

A bad way to react is to deny the responsibility that you are given. You were the one chosen to take on the responsibility in the first place. It was given to you for a reason. The best way to react to an unwanted problem is to do what has to be done to meet the responsibility.


On socialism who gets the profits from goods sold and work preformed by business?

Socialism is a society with no profits and no buying and selling. Gods and services are produced to meet human need.


How have businesses changed to meet rising production costs?

Businesses have raised their prices and their standards to meet rising production costs. They have cut back on benefits they pay their employees and some have restricted hours.


Why do busineses exist?

Businesses exist to provide goods or services to meet the needs and wants of customers in exchange for profit. They play a crucial role in driving economic growth, creating employment opportunities, and facilitating the exchange of goods and services in society. Additionally, businesses contribute to innovation, competition, and overall development of the economy.


Owners of businesses might lease what to meet their labor needs?

Convict laborers


Food engineering is a field that focuses on what?

Answer this question… the production, preservation, and distribution of food to meet society's needs.


Which theory believes that society works best when social change is encouraged?

The theory that believes society works best when social change is encouraged is called functionalism. Functionalism suggests that change is necessary to address social issues and maintain the stability of society. It emphasizes the importance of adapting to new circumstances and evolving to meet the needs of a changing world.


How often does the red cross society meet?

once a month