Question

To maintain safety of investment is the responsibility of business towards _______.

• A. community
• B. investors
• C. employees
• D. none of these

Answer 1

Answer: (A)

community

Companies are expected to meet society’s demands for goods and services, to provide employment, to contribute to the exchequer, and to operate efficiently at a profit. There is no conflict between social responsibility and the obligation on companies to use scarce resources efficiently and to be profitable—an unprofitable business is a drain on society. The essence of the contract between society and business is that companies shall not pursue their immediate profit objectives at the expense of the long-term interests of the community.