Chapter 4 Social Responsibilty

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Avery Trendel Block 3

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Transcript of Chapter 4 Social Responsibilty

Page 1: Chapter 4 Social Responsibilty

Avery TrendelBlock 3

Page 2: Chapter 4 Social Responsibilty

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.

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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.

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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.

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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.

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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.