how can a business enterprise improve its public image by social responsibilities
4 marks question describe the points..
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Answer:
- By the Justification for Existence and Growth
- By the Avoidance of Government Regulation
- By the Maintenance of Society
- By Long Term Interest of the Firm
- By the Availability of Resources with Business
- By Converting Problems into Opportunities
- By Better Environment for Doing Business
- By Holding Business responsible for Social Problems
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Avoidance of Government Regulation: Businessmen can avoid the problem of government regulations by assuming social responsibilities voluntarily which helps to reduce the need for new laws. ... Therefore, it is advisable for business enterprises to assume their social responsibilities.
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