Question

why it is important for Amazon business to satisfy social, ethical and legal requirements?

Answer 1

Answer:

Amazon.com, Inc.’s ability to satisfy stakeholders supports organizational growth in the e-commerce industry. In Archie Carroll’s model of corporate social responsibility (CSR), stakeholders are individuals or groups linked to the organization based on their stake in what the business does. The company affects its stakeholders, and vice versa. In the case of Amazon, stakeholders have widely varying interests, considering the global reach of the organization. This condition requires a broad scope for the company’s corporate social responsibility strategy, policies and programs. Satisfying stakeholders’ interests helps maintain Amazon’s market position as the leading online retail company in the world.