- Words: 1232
- Length: 4 Pages
- Topic: Business
- Paper #: 474783
Social responsibility is subject of considerable debate. For not-for-profit organizations, their responsibility is defined by their mandate. Their donors set this mandate, or at least they accept it. It is actually not much different in for-profit entities, except that the general perception is that earning profit is not socially responsible, whereas the activities of not-for-profit entities are generally considered to be socially responsible.
For a for-profit entity, there are two schools