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Business
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Number of pages / Number of words: |
5 / 1259 |
Essay's paper body
In his opinion the social responsibility starts where the law ends. All good citizens obey the law and therefore CSR is about taking one step further.
The quotation by Drucker (1984:62) states that: âBut the proper social responsibility of business is to tame the dragon that is to turn social problem into economic opportunity and economic benefit, into productive capacity, into human competence, into well paid jobs, into wealth...
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They see the companiesâ responsibility towards the owners, customers and employees as something obvious and hence not included in what they call CSR.
The economic component is businessesâ fundamental responsibility to make profit and to grow. Making profit is not enough though; firms are also expected to pursue their economic missions within the framework of the law, i...
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