Question: companyshareholders
Answer whether you agree with the statement:
The only social responsibility of a company should be to deliver a profit to its shareholders.
Options:
[M]. Strongly disagree
[N]. Disagree
[P]. Agree
[Q]. Strongly agree
Start with the letter and then explain why you made this choice.
Answer: 5.64%93.97%0.27%0.12%
N. Disagree
While it is true that one of the primary objectives of a company is to generate profits for its shareholders, I do not fully agree that it should be the sole social responsibility. Companies also have a responsibility towards their employees, customers, suppliers, the environment, and the communities in which they operate.
In today's world, businesses are increasingly expected to act ethically and responsibly, taking into account the broader social and environmental impacts of their operations. This includes adhering to ethical business practices, ensuring fair labor conditions, and minimizing their environmental footprint.
By focusing solely on delivering profits to shareholders, companies may overlook these broader responsibilities, which can lead to negative consequences in the long run. Therefore, I disagree with the statement that the only social responsibility of a company should be to deliver a profit to its shareholders.