Explain embrace a socially responsible business policy

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Reference no: EM131627407

Please read the Papal Encyclical of St. Pope John Paul II, Centesimus Annus (found in the "Files" section).

Can a corporation maintain only a profit-driven business policy with focus on pleasing the shareholder and be a moral citizen, or must it embrace a policy focused on socially responsibly to various stakeholders? Applying the teachings of Centesimus Annus, can a corporation make money while at the same time embrace a socially responsible business policy?

Reference no: EM131627407

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