Any governing body that operates in a precondition indian lodge should summate to the development of the society in wizard way or another. This is considering the fact that the society has provided the organization with the resources and environment necessary to facilitate its production activities. Social contributions can be in form of support of development activities in the society such as provision of schools fees to the poor children in the region. In addition, the well-disposed contributions by an organization can aim at improving the welfargon of the employees. Any form of payment to indemnification companies in coverage of the employees is a form of social contribution. The employees alike receive scholarships to improve their skills through educations. In addition, organizations usually contribute cash to ensure that their employees will receive their retirement benefits after(prenominal) they retire from work. All these are forms of social contributions by an organization.
Ben and Jerry wear incurred social cost in a variety of ways. The organization has been giving out 7.5 percent of their untaxed revenue to organizations that are aimed at ensuring that the society experiences an improvement in the welfare.
In addition, the taxes that Ben and Jerry companion pay to the government facilitate the provision of various operate to the people which improves the welfare of the society.
All these costs affect the economical costs of Ben and Jerry Company. Since organizations aim at maximizing profits, social costs reduce the profits that the organizations earn. This is because profits are the difference amongst the total revenue and the total costs of an organization. Increasing the social costs of an organization increases the total economic costs consequently reducing the profits of an organization.
The social costs of an organization also imply opportunity costs of an organization. This is because these costs involving use of funds that could...If you want to get a full essay, order it on our website: Orderessay
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