Micheal Porter, the famous business theorist that we have been following, has stated that the fundamental responsibility of business is to make a profit. Is that true, or should business in society give back in some way? Commit to ourछ्हEMPLOYEESAll over the world, we arecommitted on behalf of ourLimit our impacton the ENVIRONMENTemployees to respecting humanrights, diversity,health and safety at work,and nurturing the talentsof each individual.It is also our responsibilityto respect the environment,particularly by reducingour energy consumption.CSRAct ethically towardsSOCIETYOur responsibility is based onstrict observanceof ethical standards,particularly with oursuppliers. We also promotesustainable accessOffer USERSsustainable solutionsEvery day we innovate so that wecan offer sustainable solutionsand drive progressin the electrical sector.to electricity for allI.

Basically the porter theory is that any power in business leads towards the profits. The five…

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Business

Management

Is that true, or should business in society give back in some way?

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Micheal Porter, the famous business theorist that we have been following, has stated that the fundamental responsibility of business is to make a profit. Is that true, or should business in society give back in some way?

Commit to our
छ्ह
EMPLOYEES
All over the world, we are
committed on behalf of our
Limit our impact
on the ENVIRONMENT
employees to respecting human
rights, diversity,
health and safety at work,
and nurturing the talents
of each individual.
It is also our responsibility
to respect the environment,
particularly by reducing
our energy consumption.
CSR
Act ethically towards
SOCIETY
Our responsibility is based on
strict observance
of ethical standards,
particularly with our
suppliers. We also promote
sustainable access
Offer USERS
sustainable solutions
Every day we innovate so that we
can offer sustainable solutions
and drive progress
in the electrical sector.
to electricity for allI.

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