State three functions of NSIC OR State three specific steps which can be taken by Business Enterprises for environmental protection. plzz fast
Answers
Explanation:
is one of the most important entities in the society. Its decisions and actions have the potential of creating a change in society, good and bad both. Therefore to not misuse the trust of the society, businesses are bound by business ethics. It means fulfilling the commitments given, undertaking responsibility, not compromising in the quality and to ensure reliability.
According to society, business exists to supply goods and services to people. And according to a business, they exist to earn a profit. Businesses are run by human beings whose decisions and actions can create changes in the society or sometimes be not in accordance with the society.
A firm might be excellent in economic conditions such it’s financial stability, increased profits and good revenue but poor in terms of social performance such as not understanding the effect of its activities and supplying products at reasonable prices and quality.
A business is not an isolated entity like an island, a business enterprise is a part of the society and influenced by society and should adjust to the preferences and values of society. So the main purpose of business ethics is to draw a line between individual betterment and social betterment.