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Why is profit making not considered the sole function of business according to the given text?
Why is profit making not considered the sole function of business according to the given text?
Profit making is not considered the sole function of business because it performs various social functions and contributes to the benefit of the society and community.
What are the two important points to consider in viewing business activities as social responsibility according to the given text?
What are the two important points to consider in viewing business activities as social responsibility according to the given text?
The two important points are: 1) Business activities should not be perceived as charity, and 2) Business activities should not be harmful to society.
What is the social responsibility of business according to the given text?
What is the social responsibility of business according to the given text?
The social responsibility of business is to perform a number of social functions as a part of the society, taking care of the owners, investors, employees, consumers, government, and the society and community in general.
Give an example of an activity that does not fulfill the social responsibility of business according to the given text.
Give an example of an activity that does not fulfill the social responsibility of business according to the given text.
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What unfair means does the concept of social responsibility discourage businesses from adopting according to the given text?
What unfair means does the concept of social responsibility discourage businesses from adopting according to the given text?
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