Do companies have a duty to society at large or is a business solely obligated to making a profit for their owners and shareholders?

Q: Why does behaving legally, ethically, and socially responsible make good business sense?

A: Behaving legally, ethically, and socially responsible isn't only a moral vital; it also makes…

Q: What role do experts play And authoritive  figures play in business and society

A: Experts:- A person who is an expert in an area is one who has acquired extensive knowledge, skill,…

Q: business provide to the society?

A: Corporate Social Responsibility is assessing and taking responsibility for the company's actions on…

Q: What are the legal and ethical considerations in business decision-making, including issues related…

A: Business decision-making involves a complex set of considerations, including legal and ethical…

Q: What role does the political environment play in shaping the business environment? How do government…

A: Political environment refers to the set of factors, institutions, and processes related to politics…

Q: What role do technological advancements play in shaping the business environment?

A: The term "business environment" refers to the entirety of individuals, groups, and other external…

Q: WHAT IS THE ROLE OF BUSINESS IN SOCIAL AND ECONOMIC DEVELOPMENT? WHAT IS FOUNDATION OF THE…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Briefly explain your understanding of the responsibilities of a business to society.

A: Businesses should contribute to environmental protection while also providing a pleasant working…

Q: How do non profit organizations contribute to the needs of the people and society?

A: Nonprofit organizations provide community programmed and services. These organizations are founded…

Q: why larger companies tend to implement compliance programs more often than small companies?

A: Implementing a comprehensive compliance solution is very important for the company as compliance…

Q: Why is it important to recruit qualified people for one's business enterprise?

A: Recruitment is an important element of human resource management. It is the process of finding…

Q: Why is Business Law fudamental in everyones life nowdays.

A: Business law also is known as commercial or trade law or mercantile law governs all the rules and…

Q: How do technological advancements impact the business environment?

A: Technological advancements in business refer to the development and application of new technologies…

Q: What is more important- a business’s responsibility to society, it’s employees, or to it’s…

A: Corporate Social Responsibility Corporate Social Responsibility (CSR) is a management concept that…

Q: Economist Milton Friedman said companies should focus on maximizing profits not social…

A: The business has the operational role for ensuring that products are produced and distributed to…

Q: Are profits and the general welfare basically incompatible?  Why or why not?

A: Profit and general well-being are not mutually exclusive; in fact, they go hand in hand. The notion…

Q: How does the business environment affect entrepreneurship and innovation?

A: The conditions and circumstances that surround and have an impact on a company organisation are…

Q: Why do demographic shifts and technological developments create both challenges and new opportunites…

A: As the populace ages, with relatively more seasoned individuals and less more youthful individuals,…

Q: Regardless of the extent to which utilitarianism functions commonly in business decision making,…

A: Utilitarianism is close to the engineering approach of progression.

Q: How can companies ensure that their policies are easily accessible and understood by all employees?

A: Please find the answer below.EMPLOYEES:An individual who performs work for another party in exchange…

Q: How competition affects business profitability?explain

A: In the dynamic world of business, competition and profitability waltz together, their interplay…

Q: What are the major economic factors that can affect the business environment, such as inflation,…

A: The term "business environment" refers to the outside forces and circumstances that have an impact…

Q: What is business law and how does it impact the operations of businesses

A: Business refers to the group of activities that aim to gain profits, while law refers to the set of…

Q: What one attitude toward business today do you find most prevalent

A: The attitude toward business that is most prevalent today is the belief that there is a limited…

Q: Even with the development of a PMO, will there be instances in which an HIT venture fails? Why?…

A: Health Information Technology (HIT) ventures are complex projects that require careful planning and…

Q: Discuss five main challenges affecting the success of any business enterprise today

A: The first challenge that businesses face today is the rapid pace of technological change. Technology…

Q: How development and progress in business greatly affect the programs and policies of an enterprise?

A: Business policies are important and affect the legal liabilities of employee satisfaction and…

Q: What is the relationship between the environment and the economy

A: Environment is the surroundings where a person lives. Environment gives the life in the earth. It…

Q: Discuss the social and cultural factors that shape the business environment, including demographics,…

A: The business environment is intricately influenced by a variety of social and cultural factors that…

Q: Do you think companies have to operate ethically to be financially successful? Why or why not?

A: Business ethics refers to the set of norms and fundamental principles that need to be followed when…

Q: Would the utilitarian think it’s right or wrong to steal from the rich and give to the poor?

A: According to the utilitarian ethical theory, an action is morally valuable if it can lead to the…

Q: What are the components of utilitarianism in business? Name them and explain each

A: In business, utilitarianism plays an important role while building the ethical approach for the…

Q: How does the legal environment, including laws and regulations, influence the operations and…

A: The legal environment in which a business operates can have a very significant impact on its…

Q: What are three to five key events that have impacted business practices?

A: Companies are globalizing their businesses, but several factors affect their daily business…

Q: how can the societal force influences business?

A: Since we all know that nowadays every business organization works in an open and ever changing…