Question

"Business is responsible for society as a whole and profit motive of the business cannot take precedence over other motives of the society." To which aspect of social responsibility is this statement related? Explain three more points related to the given statement.​

Answer 1

Answer:

responsibility is related to profit and loss statement.

profit and loss is fully depends upon the owners equality who gives us profit and loss motive. business profit and loss express us the condition and class of the society.