Bill And Melinda Gates Foundation Case Study

Bill Gates and the Bill and Melinda Gates foundation: Bill Gates is one of the wealthiest men in the world, his net worth alone is $77.7 billion dollars as of July 14, 2016, ranking him number one of the wealthiest people on the planet according to Forbes. This to some, will not come as a big surprise since Gates is both the founder and owner of Microsoft Corporation. However, with great power comes great responsibility to dedicate the wealth you have earned to something that will benefit society. Gates has done just that, along with his wife Melinda Gates they have created a foundation called the Bill and Melinda Gates Foundation.According to the Bill & Melinda Gates foundation website, there are many focuses within this foundation. Some of these focuses include health, poverty, education, and many others. Not only is there a focus in the United States, but there is also a great focus in Africa, India Europe, and South America. They have divided their efforts into three major divisions: Global Health, …show more content…
Some people have a misconception that the main role of management is to maximize profit and that it is their only social responsibility but, social responsibility goes beyond that. Social responsibility has many dimensions such as, philanthropy, pricing, employee relations, resource conservation, product quality, and many others. Each of these are important for both the business point of view and image of the corporation or an individual. Social responsibility allows society to be comfortable with where their money is going. No one wants to hear that a company is being profitable but is not abiding by the laws and regulation as well as being unethical. Image is very important, it is what drives sales and