Introduction Social responsibility of business means that a business should consider the interests and welfare of society while performing its activities. Businesses use resources, employ workers, sell products, and affect

Imagine you and your friends want to set up an organization. In one setup, the rich kid who puts in 90% of the money gets to make 90% of the

Imagine you want to start your own little business—maybe a lemonade stand or an online craft shop. Should you build it all by yourself, or would it be better with

Introduction Every business needs clear objectives to guide its activities. Earning profit is a major objective, but businesses also have responsibilities towards customers, employees, society, the nation, and the environment.

Imagine two very different managers. One manager’s only goal is to make as much money as possible, like someone opening a fancy new candy store just to make a giant

Imagine you are looking for a new outfit. Do you go to a local tailor down the street or buy clothes from a famous global brand in a big mall?

Imagine you want to throw the ultimate pizza party. Do you make the entire pizza yourself from scratch, or does one person make the dough, another adds the sauce, and

Imagine you want to bake a giant cake. You have two choices: invite all your friends over to stir the batter by hand, or buy a giant, high-tech mixing machine.

Introduction Business is an important economic activity. It helps people obtain the goods and services they need. It also creates employment and contributes to the development of a country. Business

Imagine you want to throw the biggest, most amazing birthday party in the world. You can’t just sit on the couch and wait for cake to magically appear. You need