socioeconomics
Socioeconomic View of Corporate Social Responsibility
Businesses have twofold effects to the society: positive and adverse. With every benefit that we get, there is a corresponding negative effect. The firm or business has deviated a bit from the profit motive, wealth maximization to humanizing, and social responsibility. What is the socioeconomic view of corporate social responsibility? Business is a system. It [...]
Socioeconomic Model of Micro and Small Entrepreneurship
by: Sherwin Ragos A business is an entity that has a distinct personality apart from its creators. It exists because of factors that are inseparable and interwoven. As a system, a business can interact with its environment and adapts itself to the changes it brings. A business should work towards existence, and avoid extinction. Creation [...]
