Friedman that the sole social responsibility of a business is making profits for its owners. A business has got both legal and moral responsibilities. As society we agree that corporations are capable of responsibilities and that they must adhere to the…
Download file to see previous pages...
the required limits in law may keep corporations out of courts, but businesses are ware that holding themselves responsible to a high standard will stand them in good stead as far as their employees, customers, suppliers, communities, regulators and shareholders are concerned. This therefore means that any enterprise if at all it wants to be sustained over a long period of time must maximize its proceeds; nevertheless it should do so in a way that meets the requirements of its stakeholders who in essence allow it to stay viable. When there is a change of those requirements, corporations have got a responsibility to become accustomed to their actions accordingly, if at all they wish to survive. This is the aspect missed by Friedman’s argument. The game and its rules have changed in indispensable ways –and customers today anticipate and even demand more of a corporation than basically that they increase their returns without coming to anguish by some breach of law. Customers require and anticipate attributes from what they purchase-safety, value, quality-which of course depends on the price they have paid (Bryan, 2010).Employees on the other hand require more than just a paycheck and the society needs the enterprise to be a better corporate citizen and employ from the community. Regulators require corporations to adhere to the legal line, communities frequently require companies to go an extra mile and do more than is needed of them; leading to a lot of strategic philanthropic efforts that are an aspect of ,but nevertheless don’t by themselves comprise a responsible company, particularly if they seem to be like giving back for a business culture or model that is not desirable (Bryan, 2010).
Break-even point is that point at which a product stops costing Sarah’s company/enterprise money to produce, and sell, and thus starts making a profit for the company. Her total expenses for this enterprise are ($12,000+148000=160,000) plus her salary of $35,000.The
...Download file to see next pagesRead More
Cite this document
(“Discussion board forum Assignment Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1650993-discussion-board-forum
(Discussion Board Forum Assignment Example | Topics and Well Written Essays - 500 Words - 1)
“Discussion Board Forum Assignment Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/macro-microeconomics/1650993-discussion-board-forum.
A focused and brief syllabus is the best. It should communicate the nature of the course to the students clearly and understandable manner. When the students understand the procedures and purpose of the course, they are more likely to enjoy the learning process.
‘CAPMH’ is an online journal that provides an open access to all the research articles published by them. It serves as an international platform for comprehensive and rapid exchange of scientific information on adolescent and child mental health around dissimilar
I didnt really understand the course content and it showed by the poor grades that I received on my assignments and quizzes. One day the teacher asked that I stay back after class so that he could discuss some things with me. I
ented financial arrangements on open business sector operations, rebate rate and bank holds prerequisites with a point of controlling consumption practices around shoppers. From my level of comprehension, Money is a supply of fiscal possessions that could be effectively be
This report will discuss is it fair or not.
Targeting recruiting strategy applied by many organizations is sometimes regarded as the complex issue. The adoption of target recruitment may sound as an exclusionary.
When there is so low unemployment, payments into the fund are high compare to benefits paid off, hence trust fun grows. During periods of high unemployment, the state depletes its trust fund since it pays out more benefits. Even after exhausting the trust
On the other hand, andragogical approach has a universal understanding that at some point, students undergo natural maturation. Maturation among learners ensures their transition from dependent individuals towards a
Generally, scientific research work is overseen by individual, community and social values just as almost all of the human activities; where its ethics lie on requirements on daily work, the protection of dignity of subjects and
As a direct result of this, certain employers have sought to focus upon means by which stress reduction techniques and coping mechanisms can be engaged. For the past several decades, this has been the primary voters to which
Additionally, unmotivated employees are not likely to even meet the minimum performance that is required of them. For that reason, to ensure that the organization administer merit pay and other incentives fairly they should come up with a payment policy that
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Assignment on topic Discussion board forum for FREE!