Abroad Quote by Vladimir Putin
“We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.”
About This Quote
Source Speech: Economic Forum, Russia, 2010
Businesses should prioritize social responsibility over profit, evaluating their impact on the nation and its people rather than merely accumulating wealth abroad.
In simple terms: Businesses must value social impact over profit.
Focus on national contribution, not just earnings.
Themes
Mood
Type
When to use this quote
- policy making
- public relations
- investment decisions
- community projects
Key Concepts
Questions to Reflect On
- How can firms measure their social impact?
- What incentives encourage responsible behavior?
Profit motives can conflict with societal needs.