The Welfare Of Community
It is very difficult to legislate moral obligations. Apart from the socialist countries, which consider this philosophy a core element of their policies and programmes, the capitalist countries also feel that business corporations should commit a part of their time, talent and resources for the welfare of society as they draw their sustenance from it. Charity leaders have a geographic bias with corporations funding projects closer to their headquarters. This applied to the employees as well.
India has a unique law — the Companies Act 2013, and the Corporate Social Responsibility Rules, which came into effect on April 1, 2014.Provide healthy working conditions and welfare schemes for workers and their familiesAim to make a moderate profit, part of which would be devoted to the welfare of community and the rest to the improvement of the industryRegard themselves as trustees of consumers and take care not to produce shoddy goods or charge exorbitant prices. CSR activities should be relevant to local, national and global contexts, keep disadvantaged communities as the focus, be based on sustainable development principles and implemented in partnership with NGOs, governments and other China Antimicrobial non-woven fabric manufacturers relevant stakeholders. The corporation should be able to maintain a proper balance between business objectives and social obligations.
As a trustee, he was, first and foremost, expected to:Work just like any other employeeLook upon his employees as members of his family who would be jointly responsible for management decisionsTo take no more than what he needed for a moderately comfortable life. It is a business approach that enjoins managing a business in a way that it contributes to sustainable development by delivering social, economic and environmental benefits for all stakeholders. Many businesses are using these opportunities for enhancing their social profile and in the process expanding their business markets..
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