What is more important- a business’s responsibility to society, it’s employees, or to it’s stockholders
Q: business provide to the society?
A: Corporate Social Responsibility is assessing and taking responsibility for the company's actions on…
Q: Why is corporate social responsibilty not a truly given back to the society/community
A: CSR is a form of practice that every business organization performs in view to the welfare of the…
Q: public awareness for
A: Corporate governance in the business point of view refers to the system of rules, practices, plans…
Q: What is a digital enterprise?
A: A Digital Enterprise is a business that has completed a digitalization blueprint to fully assimilate…
Q: WHAT IS THE ROLE OF BUSINESS IN SOCIAL AND ECONOMIC DEVELOPMENT? WHAT IS FOUNDATION OF THE…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Briefly explain your understanding of the responsibilities of a business to society.
A: Businesses should contribute to environmental protection while also providing a pleasant working…
Q: How might the word “free” affect public and political discussions of free- market systems?
A: The term free-market refers to the economic system based on the market forces of demand and supply…
Q: what is the difference between nepotism in the government sector and the private sector of business?
A: Below is the solution:-
Q: Why is Business Law fudamental in everyones life nowdays.
A: Business law also is known as commercial or trade law or mercantile law governs all the rules and…
Q: What is state enterprise and why it is important for the consumers/what are its merits?
A: A business organization is a legally recognized entity designed to provide goods and services in the…
Q: Do companies have a duty to society at large or is a business solely obligated to making a profit…
A: Every company has an external and an internal environment. In the internal environment of the…
Q: What is the difference between the domestic system and the factory system?
A: The domestic system is a traditional method that was mostly used in the 17th Century. In the…
Q: Economist Milton Friedman said companies should focus on maximizing profits not social…
A: The business has the operational role for ensuring that products are produced and distributed to…
Q: Explain what "doing the right thing" in a business environment means to you
A: Ethics are defined as the set of norms and principles which are to be maintained by the owners for…
Q: What benefits—monetary and nonmonetary—do socialresponsibility programs bring to a business?
A: Corporate Social Responsibility can be referred to as those practices through which a company…
Q: Which source of ethics explains that every society has its own concept of right and wrong which was…
A: "Business Ethics" refers to the system of good and bad, moral and immoral principles and rulebooks…
Q: What is Social Enterprise?
A: A social enterprise, also termed as a social business, is a corporation whose primary mission is to…
Q: Differentiate small and medium-sized businesses (SMEs) from public-sector organizations (NGOs)
A: There are three types of enterprises Private Public Global
Q: How exactly does the capitalism benefit for restaurant industry ?
A: This question is related to the topic -business strategy and this topic fall under the Operations…
Q: Describe !he utilitarianism, rights, fairness or justice, common good, and virtue approaches to…
A: Marketing can be defined as a field of business studies which deals with how a company makes its…
Q: Ethics are defined as the study of what is good and right O what our community believes is just and…
A: The term "ethics" relates to the principles of good and bad behavior. Furthermore, ethics is a field…
Q: How do you describe the business world where we live in now ?
A: Business Business can be defined as any institution that runs on a regular basis, that has been…
Q: Why entrepreneurs should assess the effects of their endeavors on the society?
A: A person who starts his own business to earn a profit & makes business decisions, and bears all…
Q: How development and progress in business greatly affect the programs and policies of an enterprise?
A: Business policies are important and affect the legal liabilities of employee satisfaction and…
Q: What are the trends of technological improvements due to environmental concerns?
A: It is important for companies to measure their own environmental impact, also referred to as…
Q: Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not…
A: Every business organization carries out its business operations for the following purpose: Either…
Q: Why are most large companies like Microsoft, World PepsiCo, Caterpillar, and AutoZone organized as…
A: Demerits of corporations: 1. Corporations are expensive to operate since it requires lot of startup…
Q: explain how does INCOME TAX, PAYROLL TAX, TARIFF TAX, SIN TAX, CONSUMPTION TAX and PROPERTY TAX…
A: Income tax refers to the tax imposed by the governments on the income generated by individuals or…
Q: To act ethically in business it is only necessary to follow the law. Do you agree or disagree with…
A: I strongly disagree with this statement, that is to act ethically in business it is only necessary…
Q: -What is consumerism? -Illustrate the relationship between entrepreneurship and consumerism. -…
A: What Is Consumerism? Consumerism is the possibility that expanding utilization of merchandise and…
Q: how can the societal force influences business?
A: Since we all know that nowadays every business organization works in an open and ever changing…
Q: Do you think it is fair that smaller business struggle to get their state regulations?
A: Smaller business are those seller that try to do business from their own home or sometime they…
Q: Explain the governmental Units , business type and fiduciary type with example?
A: Democratic form of governance is described as a form of governance in which the real power is vested…
Q: What are institutional voids? What effects do institutional voids have on how business is conducted…
A: Institutional voids are manifestations of institutional constraints that make it difficult for…
Q: How the islamic principles and approaches of the company are benefiting the society?
A: Some of the important Islamic principles that are followed by organizations include honesty,…
Q: a good social business model would be?
A: In the world of business, times are changing at a rocket speed. How organizations intermingle with…
Q: As a consumer, How can you show your support to businesses practicing the social enterprise concept?
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Ethical Considerations. The risk of failure is an inherentpart of free enterprise. Does society have…
A: No, society will not raise any obligation will not come to rescue entrepreneurs who fail to operate…
Q: Why should business do something for society?
A: Introduction Business are not only for the sake of earning profitability, every business…
Q: What are the key trends in the economic environment? The technological environment? The regulatory…
A: There are various organizations and industries that are active these days. There are organizations…
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- Before responding to the questions below ask yourself the following: 1) is it true that “…doing what's best for society necessarily means sacrificing profits,” 2) are shareholders the only important and influential stakeholders in deciding how best to pursue corporate objectives, and 3) is government regulation, supplemented by self-regulation and civil society, the most effective way to strike a balance between profits and the public good? Based on your individual conclusions regarding the above, answer the following questions: Are profits and the general welfare basically incompatible? Why or why not? If you believe CSR requires the sacrifice of some amount of profit, what amount is appropriate? Is that amount the same for all firms in all industries? How should the CEO decide?What does business provide to the society?WHAT IS THE ROLE OF BUSINESS IN SOCIAL AND ECONOMIC DEVELOPMENT? WHAT IS FOUNDATION OF THE PRINCIPLES OF BUSINESS ETHICS? WHAT IS SOCIAL RESPONSIBILITY OF ENTREPRENEURS? WHAT IS BUSINESS BEYOND PROFIT?
- What type of business incorporates proactive CSR into the companies foundation believing that a company should accomplish more than just making money for owners and investors?intro to business: explain in 2 or 3 paragraphs Explore the role and relationship of business with the external environment.Is philanthropy morally superior to strategic CSR? Why or why not?
- How business ethics helps a firm to succeed ?Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? State two (2) reasons, why or why not?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?