answersLogoWhite

0


Best Answer

The iron law of responsibility says that in the long run, those who do not use power in ways that society considers responsible will tend to lose it. Business and society P47

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

7mo ago

The Iron Law of Responsibility states that in the long run, those who do not use power in a manner that society considers responsible will tend to lose it. It emphasizes the importance of ethical decision-making and social responsibility in business practices. This concept highlights that businesses must consider the impact of their actions on society to maintain their legitimacy and influence.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does The Iron Law of Responsibility states?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is an iron law of social responsibility?

the business has to invest genuine investments that society expects from the entripse


The Iron Law of Responsibility says that?

Those who do not use power in a socially responsible way will eventually lose it


Define the iron law of responsibility?

basically, it means that any perosn who doesn't use power they have responsibly....they lose it.


What has the author C Eagleton written?

C. Eagleton has written: 'The responsibility of states in international law'


What is the immigration law in Oklahoma?

States do not control immigration. That is the responsibility of the federal government. You immigrate to the United States, not to any specific state.


What is the Iron Law of Wages?

The Iron Law of Wages was first proposed by Ferdinand Lassalle. It is a law of economics that states that wages always tend toward the minimum amount necessary to sustain the life of the worker.


Where do you go to get the law that states a person who is 17 can move out?

You are assuming that there is a law that says that a 17 year old can move out. There isn't such a law. Until you reach the age of majority in your state, you are the responsibility of your parents.


What would be considered a civic responsibility rather then a personal responsibility?

obeying the law


Is obeying the law a right or responsibility?

Following the law is a responsibility. A "right" is something that has been given to you, either by a government or by nature. A "responsibility" is something you're required to, or at least should, do.


What law requires you to maintain financial responsibility for your actions when you drive?

The law that requires individuals to maintain financial responsibility when driving is known as the Financial Responsibility Law. This law ensures that drivers have the means to cover costs associated with accidents or damages they cause while operating a motor vehicle. Failure to comply with this law can result in fines, license suspension, or other penalties.


What is the relevance and the importance of the states and the state governments to peace order and good government of Australia?

Each state is sovereign in its own right and therefore has its own laws, courts and law enforcement system that is totally separate from any of the other states. the states do have a responsibility to keep their laws within the framework of the Australian constitution. So you can say that the states have full responsibility and are fully relevant in this endeavor.


What would consider being a civic responsibility rather then being a personal responsibility?

obeying the law