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SUMMARY: Business is expected to create wealth and employment, while society is expected to provide a conducive environment for the business to flourish. The value and ethical standards that a company adopts are the long-term assets of the organization.
The maintenance tasks include the involvement of organizations with non-profit organizations in providing service to the society.
Social task include providing equal opportunity for all the members of the society by organizations and taking into consideration the basic human rights of an employee. The way an organization responds to its responsibility to the society has been discussed with special reference to the enlightenment matrix.
Further the social challenges of an organization have been discussed with community involvement choice flow. It is a process that guides an organization in fulfilling its role to the society. Finally the standards and values that an organization have to follow have been discussed with special reference Clutterbuck's and Carmiachel's approaches.