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

Applying Psychology at work, You are a middle manager for a company and are...

You are a middle manager for a company and are planning a training session for your supervisors on effective versus ineffective leadership. You know from past training sessions tha

RESOURCES, EXPLAIN AND USE APPROPRIATE TOOLS AND TECHNIQUES FOR CONDUCTING ...

EXPLAIN AND USE APPROPRIATE TOOLS AND TECHNIQUES FOR CONDUCTING AN INTERNAL APPRAISAL

What are barriers of communication, QUESTION a) (i) Elaborate on the...

QUESTION a) (i) Elaborate on the importance of feedback. (ii) Explain how it helps to enhance effective communication. b) (i) What are barriers of communication?

Explain about the theory ''x'' in human relations, Explain about the Theory...

Explain about the Theory ‘X’ in human relations. Theory ‘X': It is essentially a negative approach to human relations wherein a supervisor presumes exact the assumptions

Organizational climate and organizational culture, QUESTION 1 a) Differ...

QUESTION 1 a) Differentiate clearly the concepts "Organizational Climate" and "Organizational Culture". b) Organizations make use of two different approaches for managing or

Compare e-business to e-commerce, QUESTION (a) What are the factors tha...

QUESTION (a) What are the factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce? (b) Compare e-business to e-commer

Strategic direction perspective, The IMP focuses on the analysis of the cur...

The IMP focuses on the analysis of the current position of an organisation with which you are familiar and the valuation of managerial alternatives (decisions) for maximising its v

Development of an environment management system, Question 1: (a) Briefl...

Question 1: (a) Briefly describe the Environment Impact Assessment Committee and its functions (b) What do you understand by the term 'environmental sustainability' (c) List a

Outline the roles and authorities of a project manager, QUESTION (a) Th...

QUESTION (a) The purpose of project management is to achieve successful project completion with the resources available. Regardless of the method that is used to handle a proje

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