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

GE matrix, What are the characteristics of each component of the GE matrix...

What are the characteristics of each component of the GE matrix?

About low saving rate in Saudi Arabia, Is it possible to make a chapter of ...

Is it possible to make a chapter of previous studies and the theoretical framework for this topic

Benefits of having and environment management system, Question 1: (a) W...

Question 1: (a) What is the purpose of the EIA process (b) Differentiate between the terms environment impact and environmental aspect (c) Do you think public participati

Explain the basic features of inflation targeting, QUESTION "Many count...

QUESTION "Many countries in the world have moved towards a framework of conducting monetary policy as "Inflation Targeting". The Central Bank is supposed to follow a monetary p

Discuss any two ongoing management costs, a. Discuss any two ongoing manage...

a. Discuss any two ongoing management costs considered in financial analysis in BPO b. Explain any two pricing models to structure price of an outsourcing contract.

Potential disadvantages of the business, Referring to the organisation you ...

Referring to the organisation you researched in Section A of this report give two (2) examples of where that business should be socially responsive to issues that have arisen or c

What are the objectives of the trade unions, What are the objectives of the...

What are the objectives of the trade unions? The Objectives of trade unions are illustrated below: a. To take labour out of the competitive procedure; because when a number

Organisational advantages - workforce diversity, Workforce diversity benefi...

Workforce diversity benefits the organisations in myriad ways amidst spate of challenges.  In fact, organisations have made a business case for diversity, arguing that diversificat

Describe the relevance of herzberg theory of motivation, QUESTION 1 Des...

QUESTION 1 Describe the relevance of Herzberg theory of motivation in motivating employees in practice QUESTION 2 (a) Why do you think organizations are giving increase

List the various types of meetings that exist?, QUESTION 1 a) What is a...

QUESTION 1 a) What is a presentation? b) How does a presentation differ from a lecture? c) What are the essential characteristics of an effective presentation? d) What

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