Examlex
What type of information does science provide for society?
Social Responsibility Pyramid
A framework suggesting that businesses are responsible to their stakeholders in a hierarchical manner, starting from economic, legal, ethical, to philanthropic responsibilities.
Milton Friedman
was an American economist known for his strong belief in free-market capitalism and for being a leading proponent of monetarism.
Economic Responsibility
Refers to the duty of organizations to make decisions that benefit the financial health of both the company and the wider economy.
Strategy
A plan of action designed to achieve a long-term or overall aim, often involving positioning a business for competitive advantage.
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