3. Business responsibility

Business and management responsibility refers to someone’s duty (often depending on the level of position) to perform or complete a task. This task may be assigned by someone (a hierarchically higher person or at the request of colleagues) or it may be self-initiated.

Business responsibility means a company’s obligation to carry out tasks and have a positive impact on society. The key aspects of business responsibility include:

  1. Environmental efforts: focusing on reducing the company’s carbon footprint.

  2. Philanthropy: donating money, products, or services to social causes and non-profit organizations.

  3. Ethical labor practices: treating employees with fairness and ethics.