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    Social Responsibility

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    Why are many profitable business corporations also socially responsible? What are the motives behind the social responsibility efforts?

    © BrainMass Inc. brainmass.com October 1, 2020, 7:44 pm ad1c9bdddf
    https://brainmass.com/business/corporate-social-responsibility/social-responsibility-114002

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    From the perspective of many profitable business corporations, the purpose of the business is to maximize profits. But that is not the purpose for other stakeholders-for customers, employees, suppliers, and the community. Each of those groups will define the purpose of the business in terms of its own needs and desires, and ...

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    This solution is comprised of a detailed explanation to answer why are many profitable business corporations also socially responsible and what are the motives behind the social responsibility efforts.

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