Mar 09
Traditionally, the purpose of a business was to earn enough money to provide for the life needs of the proprietor after funding the cost of operation of the business. It gradually shifted to offering value (through products and/ or services) to the customers, who pay for the value. Today, maximising profit or shareholder value, or even creating value for the customers, is not enough. As David Packard, one of the founders of HP, observed, the purpose of business now is not to make money or to maximise shareholder value, but to make a contribution to society and provide something unique. And how does a business do that? Simple, by becoming responsible. Business is now accountable to society at large for what it does, and equally important, does not. So, responsibility has to be integrated into all aspects of business operations by strengthening relationships with stakeholders at every level – customers, shareholders, employees, suppliers, investors, government, and above all, society. Ultimately, the business has to lead to sustainable development by meeting ‘the needs of the present without compromising the ability of future generations to meet their own needs.’ Then only can businesses be said to have achieved excellence.
This international conference on “Responsible Business: Breakthrough to Excellence” will provide a platform to academicians, research scholars, industry practitioners, opinion leaders, civil society, and students for multi-layered discussion and debate focusing on why and how business can, and should, be responsible from different perspectives, such as marketing, human resources, finance, technology etc., so as to effectively contribute to a sustainable economic system.
we offer a comprehensive package designed to maximize your selling potential. Here's what you can expect when you buy our package
sale Business, Land, Property, Farm, Company, Franchise arrow_forwardCopyright © 2022-2024 Buy a Business | Sell a Business | Buy Franchise | Trades World. Proudly powered by Sky White Infotech Pvt. Ltd.