It is legitimate for a business enterprise to work for legitimate profit. But it must not over-charge the customers or indulge in profiteering at their cost. It is the social obligation of a business concern not to indulge in hoarding, black-marketing, adulteration and other anti-social practices. In times of scarcity it should ensure fair and equitable distribution. Moreover, business enterprise is expected to adopt socially responsible and ethical behaviour with the suppliers, competitors, and other interacting group of people. it should be fair in its dealings with all these groups.
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