The main purpose of the company is making a profit, "the business of business is business", according to Friedman’s view. Is the profit the only purpose of it? Can a business exist without consumers, resources and society?
The main purpose of the company is making a profit, "the business of business is business", according to Friedman’s view. Is the profit the only purpose of it? Can a business exist without consumers, resources and society?
No, correct??
No, correct??
The company is making its products with the help of natural resources. And consumers are purchasing those products and consumers are the part of society.
The company is making its products with the help of natural resources. And consumers are purchasing those products and consumers are the part of society.
Here, Corporate Social Responsibility (CSR) comes into the picture. It allows the corporate sector to give back to nature that they have taken from her.
Here, Corporate Social Responsibility (CSR) comes into the picture. It allows the corporate sector to give back to nature that they have taken from her.
Environmental responsibilities come as a part of ethical responsibilities. Environmental responsibility is one of the main elements of social obligation as it focuses on sustainable development.
Environmental responsibilities come as a part of ethical responsibilities. Environmental responsibility is one of the main elements of social obligation as it focuses on sustainable development.
Are you ready?
Are you ready?