why is social responsibility required for a business?
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business is a social network it in directly help to people
ashnashameer:
but ksony the main aim of business is profit ,why do u need to look upon social responsibility into it?
thats my question a business can also be successful without looking into social responsibility
Answered by
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a business operates within the society .it uses resourcesof the society..
for example ,,,,LAND WATER AND OTHER RESOURCES...
Factor of production are owned by society ..
The capital required is provided by investors who are members of the society
A Business cannot function without employees and customers who are in integral part of the society
THEREFORE ,society helps business to survive .
In return , business should also perform its duties towards society
To earn good public image social responsibilities is important for business
for example ,,,,LAND WATER AND OTHER RESOURCES...
Factor of production are owned by society ..
The capital required is provided by investors who are members of the society
A Business cannot function without employees and customers who are in integral part of the society
THEREFORE ,society helps business to survive .
In return , business should also perform its duties towards society
To earn good public image social responsibilities is important for business
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