This essay focuses on dealings with government agencies. just a responsibility for profit to its shareholders? Are those concepts
on a business law discussion question and need guidance to help me learn.
Corporate Ethics: Do corporations have a social responsibility to society or just a responsibility for profit to its shareholders? Are those concepts mutually exclusive?Business law is a section of code that is involved in protecting liberties and rights, maintaining orders, resolving disputes, and establishing standards for the business concerns and their dealings with government agencies and individuals. Every state defines its own set of regulations and laws for business organizations. Similarly, it is also the responsibility of the business concerns to know the existing rules and regulations applicable to them.
Apart from these, business law is also essential to regulate corporate financing, regulatory compliance, and commerce litigation. For more details, connect