Social responsibility of business requires enterprises to

Assessment: JAMB UTME - Commerce - 1997 Subject: Commerce

Question 1 Report

Social responsibility of business requires enterprises to
Answer Details
Social responsibility of business refers to the concept that businesses have an obligation to act in ways that benefit society as a whole, beyond just their own profit-making objectives. It requires enterprises to address themselves to issues relating to the society, such as environmental sustainability, community development, and ethical business practices. This means that businesses should not only focus on making profits, but also take into account the impact of their activities on the community and the environment, and strive to contribute positively to the well-being of the society.
Read lesson note on Business Environment And Social Responsibility (JAMB)
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