Corporate Social Responsibility means that the business is aware of its effect on society and considers the interests of society.
Posts tagged as “private sector”
Public limited companies maximize shareholder value in two ways – by increasing the company share price and dividends paid to shareholders.
The owners favor sales revenue maximization because it encourages productivity - managers and workers to work harder at getting sales.
As a result of business grows, the company may achieve a larger share of the market. Market share is a way of measuring business size.
Profit satisficing means aiming to achieve enough profit in order to live a comfortable life and keep the owners happy.