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Lauren Rankin
on Nov 27, 2024

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One view of the role of business in society is the perceived duty of a company only to generate revenue for its owners.

Revenue

The total income generated by a company from its normal business operations.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Owners

Individuals or entities that have legal ownership and rights over property, assets, or businesses.

  • Analyze different philosophical views on the role of business in society, including profit maximization and duty to stakeholders.
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ABDULLAH AL-OBAYDINov 27, 2024
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