In the socioeconomic view of organisational social responsibility, managers are responsible for protecting and improving society's welfare in addition to making a profit.

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The socioeconomic view of organisational social responsibility holds that managers have a broader responsibility beyond just making a profit. They are also responsible for protecting and improving society's welfare, which includes taking into account the impact of their decisions on employees, customers, suppliers, and the wider community.

In the Socioeconomic View of Organisational Social Responsibility, Managers Are