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Finance costs are easy to estimate. Social costs can also have financial implications (contrary to what many think), but often these are hard to estimate or recognize and may be deferred for many years.

2007-03-10 17:53:06 · answer #1 · answered by MagicalMke 4 · 0 0

I own a bussiness. And when you are trying to make decesions finanacially you need to make sure you have the money or "budget" to spend. Cause there are some many other costs you have. Employees, Product turn around, Electric, phone, heat/a/c, rent, advertisin.......etc. Yes it can hurt your bussiness by choosing finance or social but if you get involved in you community. more then likely there is groups that you can go to that haves other bussiness in the area attend and you can attend, so up and socialize with everyone. Make a good inpression, they may never come in but they know some one that will. I hope this is what you are looking for if not you can im me at chef_05_85

2007-03-10 09:46:31 · answer #2 · answered by chef_05_85 2 · 0 0

A business is under financial pressure, especially if it has employees to pay. If it is a major corporation, then it is under the gun to produce excellent returns for its shareholders. With these pressures, the company officers think only of the "bottom line." They ignore social costs until these go away as if they never existed.

Hope this helps.
amadeus

2007-03-10 09:42:10 · answer #3 · answered by amadeus 3 · 0 0

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