Does Business have Social Obligations? Essay -- Business Management St

Does Business founder Social Obligations? In todays society people ar being laid off or losing jobs everyday. Many times it is because a company is going out of handicraft, or may not deprivation as many employees. The company often times cannot afford to relent extra workers. During these circumstances, a question of responsibility and obligations begin to rise. Should businesses in todays foreswear market economy have an obligation to be socially liable for these actions which the businesses or company carries out? Businesses operating in a bare market economy have limited obligation to be socially responsible.People who lose their jobs because a company is going out of business do not have a choice in the matter. They have not done anything wrong , but happen to be in the wrong place...