Business

Business Ethics From the social point of view, business exists to supply goods and services to the people. From the individual point of view, the…

Social responsibility towards different interest groups: Social responsibility of business refers to its obligation to make those decisions and perform those actions which are desirable…

Role of Business in Environmental Protection Since the quality of the environment is important for all of us, we have a collective responsibility to protect…

Arguments against Social Responsibility Major arguments against social responsibility are: (i) Violation of profit maximization objective: According to this argument, business exists only for profit…

Kinds of Social Responsibility Social responsibility of business can broadly be divided into four categories, which are as follows: (a) Economic responsibility: A business enterprise…

Arguments for Social Responsibility (i) Justification for existence and growth: Business exists for providing goods and services to satisfy human needs. Though, profit motive is…

e-Business Applications e-Procurement: It involves internet-based sales transactions between business firms, including both, “reverse auctions” that facilitate online trade between a single business purchaser and…

Limitations of e-Business e-business is not all that rosy. Doing business in the electronic mode suffers from certain limitations. It is advisable to be aware…

Concepts of Social Responsibility Social responsibility of business refers to its obligation to take those decisions and perform those actions which are desirable in terms…

C2C Commerce: Here, the business originates from the consumer and the ultimate destination is also consumers, thus the name C2C commerce. This type of commerce…