A noted business executive said, A companys first obligation is to be profitable. Unprofitable enterprises cant afford

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A noted business executive said, “A company’s first obligation is to be profitable. Unprofitable enterprises can’t afford to be socially responsible.” Do you agree? Discuss.

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Understanding Management

ISBN: 978-0324568387

6th Edition

Authors: Richard L Daft, Dorothy Marcic

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Question Posted: Sep 12, 2012 05:04 AM

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A noted business executive said, A companys first obligation is to be profitable. Unprofitable enterprises cant afford

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The business executives statement is a bit of a red herring Of course forprofit ...View the full answer

Understanding Management

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