Melvin Anshen suggests that there is a relationship between business and society which he termed as

Question

Quizplus · Accepted Answer

Melvin Anshen's term for the relationship between business and society is "social contract." This suggests that there is an agreement between businesses and society about the responsibilities and obligations that each has towards the other. This concept implies that businesses have a duty to contribute to the welfare of society, beyond just making a profit. This is reflected in the idea of corporate social responsibility, which has become an increasingly important aspect of business in recent years.

Melvin Anshen Suggests That There Is a Relationship Between Business