Business and society Essay Example | Topics and Well Written Essays - 1000 words

Business and order - Essay ExampleIt encourages direct a business in a way that meets the ethical, legal and social expectations of the society. The concept results in situations where organizations add voluntarily to make the society better and clean. The organizations integrate ethical values in the running and charge of the company.Most business companies have the obligation of creating employment for the society members as a social responsibility. The expectations of the society have evolved over time to take the needs of all stakeholders. Corporations have the obligation of providing quality and galosh products to their customers (Buchholtz & Carroll, 29). At the global level, they are required to meet the expectations of investors, human rights individuals, and environmentalists. At a country level, stakeholders include the government, employees, and suppliers among others. The government expects companies to pay taxes and provide safe working conditions for employees. The workers expect to get numerous benefits from the enterprise. These advantages include the readiness of health care services for them and their families. Supplies expect ready market for the products they offer to the organization. Organizations have to commit to modify the economic development of the society by improving the lives of its stakeholders. Companies play a signifi cannistert role in the enhancing the welfare of the community and its members.Stakeholder management improves the efficiency and effectiveness of research projects. Research projects are crucial to companies because they can put innovative ideas into reality. Living wages is an essential component to most corporations dealing in integrated social responsibility. Most stakeholders avoid the main aspects of social justice, and it permits them to look good without doing the public good. Firms are authorize to account