Chapter 4 Social Responsibilty
-
Upload
avery-trendel -
Category
Economy & Finance
-
view
538 -
download
0
description
Transcript of Chapter 4 Social Responsibilty
Avery TrendelBlock 3
Considering its responsibility to society, a business must weigh the interests and concerns of many groups.
In order for a business to run at its full potential everybody needs to be happy and believe in what the company is doing.
A non-renewable resource is a natural resource that cannot be replaced, such as oil.
A renewable resource can be replace over a short amount of time, such as solar power.
It is important for a company to give employee benefits because that way their employees will be happy and really want to work for them instead of being miserable and then wanting to find a new job.
Google’s employee benefits include on-site medical care, gym, relaxing room with pool tables and things like that.
SAS’s benefits include a huge fitness center, soda fountains in every break room, and 2 on-site child care centers.
Government hires public employees, raises revenue, buys goods and services, provides information and support to businesses, and many more things too.
A national role would be doing business with a company that is in more than 1 state
A local role would be providing service for police or fire protection.