Responsible Enterprise And How It Effects Almost Every...

1.0 Introduction The aim of this report is to using academic literature examine responsible enterprise and how it effects nearly every business, firstly in this essay the report will begin with an definition on what responsible enterprise is and what it means. Then there will be an analysis of one of the five drivers of responsible enterprise and explain the role in which the government plays a part in boosting responsible enterprise. Finally, this report will conclude with a synthesis of the findings on what constitutes responsible enterprise and the magnitude in which the selected driver and the government play in responsible enterprise. 2.0 Definition The definition of responsible enterprise is somewhat ambiguous as there is contrasting between authors as to what constitutes responsible enterprise. Waddock Rasche (2012:4) suggest that responsible enterprise requires companies to live up to and maintain their integrity in line with that of the societies in which they operate by respecting the natural environment and looking after all stakeholders who are impacted by the business. Due to this, they will prepare their strategies and business practises around these core values. They are responsible transparent and accountable for their impact. This definition focuses on sustainability and continuity while making relationships with all stakeholders involved in the business mutually beneficial. There are many contrasting views about responsible enterprise, Milton FreidmanShow MoreRelatedDeveloping A Small Business For Business Enterprise1653 Words   |  7 PagesIntroduction In the century of the IT technology, our team decided to develop a small business to business enterprise, which helps both sides: the retailers and the customers, and plays a linking point between them. 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