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Q.What is the expectation of society from business?
Rajasthan RbseRajasthan Board Senior Secondary Part-I Commerce Examination 2025Subjective· 2mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →Society expects business to act responsibly towards all its stakeholders, not just maximise profit.
Society's expectations of business include: supplying good-quality goods/services at fair prices, paying fair wages and providing safe working conditions to employees, avoiding pollution and protecting the environment, honest dealing with investors and suppliers, and contributing to the general welfare and economic development of the community — i.e. operating as a responsible corporate citizen, not merely an entity focused only on its own profit. …
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