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Is that true, or should business in society give back in some way?

Is that true, or should business in society give back in some way?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Micheal Porter, the famous business theorist that we have been following, has stated that the fundamental responsibility of business is to make a profit.  Is that true, or should business in society give back in some way?

Commit to our छ्ह EMPLOYEES All over the world, we are committed on behalf of our Limit our impact on the ENVIRONMENT employees to respecting human rights, diversity, health and safety at work, and nurturing the talents of each individual. It is also our responsibility to respect the environment, particularly by reducing our energy consumption. CSR Act ethically towards SOCIETY Our responsibility is based on strict observance of ethical standards, particularly with our suppliers. We also promote sustainable access Offer USERS sustainable solutions Every day we innovate so that we can offer sustainable solutions and drive progress in the electrical sector. to electricity for allI.
Transcribed Image Text:Commit to our छ्ह EMPLOYEES All over the world, we are committed on behalf of our Limit our impact on the ENVIRONMENT employees to respecting human rights, diversity, health and safety at work, and nurturing the talents of each individual. It is also our responsibility to respect the environment, particularly by reducing our energy consumption. CSR Act ethically towards SOCIETY Our responsibility is based on strict observance of ethical standards, particularly with our suppliers. We also promote sustainable access Offer USERS sustainable solutions Every day we innovate so that we can offer sustainable solutions and drive progress in the electrical sector. to electricity for allI.
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