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Corporate Social Responsibility: opportunities and challenges
1125 words
24 April 2006
Business Recorder
English
© 2006 Business Recorder. All Rights Reserved.
The above statement is a reflection of the changing role of business. Whereas for Milton Friedman a few decades
back the business of business was business for Anita Roddick today the business of business is responsibility.
The changing role of business has serious implications for Pakistani businesses. The main aim of businesses in
Pakistan has always been profit maximisation. Now due to the increasing pressure of western consumers, media
and local NGOs as well as globalisation Pakistani businesses have been forced to think about whether they need to
look beyond profit maximisation. Our fish sector is at crossroads.
The carpets and sports sector despite the best efforts of business community and the government of Pakistan still
have to do a lot of work to overcome the reputation damage caused by the child labour......

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Approximate Word Count: 631
Approximate Pages: 3 (250 words per double-spaced page)

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