Explain-business economic obligations


Scenario:

Good discussion on social responsibility, Greg. Social responsibility goes beyond a business' economic obligations to act in ways that are good for society. A good example of social responsibility is when the TOMS company owner decided to donate a pair of shoes to children for every pair of shoes sold while visiting Argentina, and the tradition continues today. I too work for a company that is very evolved with the community. Every quarter we volunteer to help out our community, for example, so far this year we packaged food for shelters and donated our time to organize the books at the local library. Although pretty exhausting, it is rewarding at the end of the day.

Do you agree with the statement that bigger companies give more back to the community than companies that are smaller?

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Business Economics: Explain-business economic obligations
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