Peter Drucker’s view of social responsibility. Peter Drucker suggests that companies should ensure that their social responsibilities also become business opportunities. Cohen (2010) cited that Drucker highlights considerations for workers that are part ofthe responsibility of a corporate leader just as much as the profits, survival, and growth of the business or organization. Therefore, he taught that these were the social responsibilities of businesses. As a result, Drucker was also Called a pioneer of business social responsibility.     The unlimited liability clause - An unlimited liability clause means that the organization taking action assumes the responsibility for the future outcome of their initiatives. Most advocates and consumers view high prices as a social responsibility which must be addressed and reduced.  Can  you please help me explain cite a particular scenario of the "Unlimited Liability Clause"  and based on Peter Drucker's view of social responsibility.

Principles of Management
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ISBN:9780998625768
Author:OpenStax
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Chapter5: Ethics, Corporate Responsibility, And Sustainability
Section: Chapter Questions
Problem 5CRQ: Can an individual be ethical without using ethical principles described in the chapter? Explain.
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Peter Drucker’s view of social responsibility. Peter Drucker suggests that companies should ensure that their social responsibilities also become business opportunities. Cohen (2010) cited that Drucker highlights considerations for workers that are part ofthe responsibility of a corporate leader just as much as the profits, survival, and growth of the business or organization. Therefore, he taught that these were the social responsibilities of businesses. As a result, Drucker was also Called a pioneer of business social responsibility.

 

  The unlimited liability clause - An unlimited liability clause means that the organization taking action assumes the responsibility for the future outcome of their initiatives. Most advocates and consumers view high prices as a social responsibility which must be addressed and reduced. 

Can  you please help me explain cite a particular scenario of the "Unlimited Liability Clause" 

and based on Peter Drucker's view of social responsibility. 

 

 

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