Areas of Social Responsibility

  1. Objective 2-3 Show how the concept of social responsibility applies both to environmental issues and to a firm’s relationships with customers, employees, and investors.

When defining its sense of social responsibility, a firm typically confronts four areas of concern: responsibilities toward the environment, its customers, its employees, and its investors.

Responsibility Toward the Environment

The topic of global climate has become a major issue for business and government alike. However, although most experts agree that the Earth is warming, the causes, magnitude, and possible solutions are all subject to widespread debate. It appears that climate change is occurring at a relatively mild pace, and we are experiencing ...

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