Asked by Thomas DeAngelis on May 28, 2024
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Social responsibility of business deals with the expectations that a community would impose on a firm doing business in their community.
Social Responsibility
The concept that businesses should operate in a manner that benefits society at large, considering the impact of their activities on the environment, consumers, employees, communities, and stakeholders.
Community Expectations
The shared beliefs and standards that a society or group holds about what is acceptable or desirable behavior.
- Gain knowledge of the social responsibility of businesses towards the community.
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Learning Objectives
- Gain knowledge of the social responsibility of businesses towards the community.
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