Explain the difference between social obligation, Business Management

Assignment Help:

Question:

In Mauritius, the government has reduced the corporate tax and consequently, it expects private sector organizations to spend a percentage of their profits on projects that will improve the welfare of the society. Some of the private sector organizations responded to this government policy by creating a corporate social responsibility department while others reinforced their existing projects.

(i) In this context, explain the difference between social obligation and social responsibility.

(ii) Discuss the importance of social responsibility for business organizations.


Related Discussions:- Explain the difference between social obligation

Describe the product identification and traceability, Problem 1: Explai...

Problem 1: Explain conformance to requirements with respect to purchasing in ISO 9000. List out the steps followed in implementation of an ISO 9000 in compliance to purchasing

Determine how conceptual block apply in firm setting, Part 1 Discuss how...

Part 1 Discuss how the four major conceptual blocks apply in today's firm settings. Specifically, discuss how these four major concepts can be applied to your personal experienc

Motivation & Fairness Perception, How does employees fairness perception af...

How does employees fairness perception affect motivation?

STRATEGIC HUMAN RESOURCE MANAGEMENT, Explain the personal benefits of learn...

Explain the personal benefits of learning the unit of STRATEGIC HUMAN RESOURCE MANAGEMENT to BBM student

Rough cut capacity planning (rccp) and financial appraisal , 1. Overview an...

1. Overview and Learning Objectives This formative assignment seeks to develop and assess skills associated with basic modern ICT tools and competence in the techniques of Rough

Implementing an e-business strategy at digiland, QUESTION Read the case...

QUESTION Read the case study found on page 5 of the question paper and answer the questions below: (a) What are the impacts of implementing an E-Business strategy at Digilan

Explain whether the policy decision is desirable, QUESTION For many yea...

QUESTION For many years, Eastman Kodak had control on the film production industry. The firm had managed to time the release of its new products to meet customer demands. Howev

Business Math, Calculate the cash discount and the net amount due for the f...

Calculate the cash discount and the net amount due for the following transaction. Amount of Invoice Terms of Sale Cash Discount Net Amount Due $12,660.00 2/10, n/45

Important provisions for employee employment of young person, What are the ...

What are the important provisions for employee employment of young person? The provisions for employment of young person are as below: a. Prohibition of employ of young chil

E-bussness, Assuming that you are running the e-business department of an o...

Assuming that you are running the e-business department of an organization, reference to the elements of the Micro and Macro environments of e-business, how are you going to deal w

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd