CBSE BOARD XII, asked by ambaliyaarjun27, 1 month ago

what is the objective of social responsibility of business ​

Answers

Answered by DARKIMPERIAL
7

Answer:

According to concept of Social Responsibility of business the objective of managers for taking decision related to business is not only to maximize profit or shareholder value but also to serve and protect the interest of other members of its society like consumer, worker and community as a whole.

Answered by vishal32456
1

Answer:

  • According to concept of Social Responsibility of business the objective of managers for taking decision related to business is not only to maximize profit or shareholder value but also to serve and protect the interest of other members of its society like consumer, worker and community as a whole.
  • A growing body of evidence has identified a company’s role in its community as a factor  in increasing profitability, promoting company image, reducing costs, and elevating employee  morale and customer loyalty, among other benefits.

Explanation:

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