How do firms have a social responsibility

Assignment Help Operation Management

Reference no: EM131896016

Most people agree that managers should make ethical decisions and that firms have a responsibility to obey the law.

Beyond this, however, do firms have a social responsibility?

If firms really have a social responsibility, specifically identify the social obligations that they have and how they can coexist with the responsibility to provide maximum returns to shareholders. If not, why not?

Reference no: EM131896016

Questions Cloud

Explain why scarcity leads to trade-offs : Give 3 reasons that explain why the division of labor increases an economy's level of production. Explain why scarcity leads to trade-offs.

As an entrepreneur would you invest in a penguin franchise : Did a property that started out as an ice cream shop become the center of a media firestorm and lead to the splintering of friendships.

Research strategies for conducting an appraisal interview : Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner.

Create a homework class with fields for the class name : Create a Homework class with fields for the class name, the assignment (for example, "read chapter 1"), and the number of minutes predicted.

How do firms have a social responsibility : Most people agree that managers should make ethical decisions and that firms have a responsibility to obey the law.

Calculate the cost of goods manufactured for this company : Beginning raw materials inventory - $53,200, Direct labor - 149,800. Calculate the cost of goods manufactured for this company

Factors that influence this misperception of undocumented : What do you think are some factors that influence this misperception that most Mexicans are undocumented, and most of the undocumented are Mexican?

What the amount of its direct and deemed direct tax credit : The tax rate in the United States is 34 percent, If the subsidiary declares a 100% dividend, what is the amount of its direct and deemed direct tax credit

What is the taxable income for the corporation for 2014 : Peanut Corporation reports the following information for 2014: Net Income per books 120,000 .Dividends paid to shareholders 500.

User Account

All Pages