Discuss the comment that, business is charged with making a profit within the rules set down by society and go no further. ie a corporate (or any other organisation) should go no further than meeting the mandatory requirement set down by society otherwise it potentially puts itself at a disadvantage. Hint, think about environmental and employee responsibility as well as responsibility to shareholders, bankers and creditors, as well as future generations.
Discuss the comment that, business is charged with making a profit within the rules set down by society and go no further. ie a corporate (or any other organisation) should go no further than meeting the mandatory requirement set down by society otherwise it potentially puts itself at a disadvantage. Hint, think about environmental and employee responsibility as well as responsibility to shareholders, bankers and creditors, as well as future generations.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Discuss the comment that, business is charged with making a profit within the rules set down by society and go no further. ie a corporate (or any other organisation) should go no further than meeting the mandatory requirement set down by society otherwise it potentially puts itself at a disadvantage.
Hint, think about environmental and employee responsibility as well as responsibility to shareholders, bankers and creditors, as well as future generations.
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