Asked by Amarelis Gonzalez on Sep 26, 2024

It is immoral to make a profit, according to the socioeconomic view of business.

Socioeconomic View

A perspective that considers both social and economic factors when analyzing situations or phenomena.

Profit

The financial gain obtained when the revenues generated from business activities exceed the expenses, taxes, and costs involved in maintaining the business.

  • Acknowledge the supportive and opposing views on corporate social responsibility.