Social responsibility

From CNM Wiki
Revision as of 21:46, 1 June 2020 by MariamKhalid (talk | contribs) (Created page with "Social responsibility is business' intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society. ==Definition==...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Social responsibility is business' intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.

Definition

According to Management by Robbins and Coulter (14th edition),

Social responsibility. A business' intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.