Author Question: Some have argued that the only responsibility for management is to make as much money as possible ... (Read 77 times)

asan beg

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Some have argued that the only responsibility for management is to make as much money as possible for the shareholders. Others argue that a corporation has an obligation to be socially responsible. How would you respond?
 
  What will be an ideal response?

Question 2

The value theory approach to job satisfaction states that employees want to feel that they are valued by their organizations and that their work has intrinsic value.
 
  Indicate whether the statement is true or false



JaynaD87

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Answer to Question 1

Organizations need to obey the law and to act ethically. Corporate social responsibility involves more. Advocates claim that an organization has an obligation to the community in which it operates -locally, nationally, and/or globally. This may include such activities as developing environmentally-friendly products and contributing to philanthropic causes. It has been suggested that socially responsible companies perform well financially due to the virtual circle, whereby they attract customers and investors.

Answer to Question 2

FALSE



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