Corporate Social Responsibility

Friedman painted an unrealistically thorough picture of what cordial stock of work is. He portrays the social responsibility of corporations as something that should and go forth be done, regardless of the comp eithers financial capabilities, or the will and acquire of the stakeholders. tending(p) that his view and arguments are based on extreme situations, I dont think that he is correct in concluding that corporeal social responsibility is gross without bureau. In his eyepatch of music The Social Responsibility of assembly line is to make up its Profits, he gives the example of the transaction executive who prevents wrong maturation to conflict inflation, provides employment to the more needy, irregardless of the qualifications. He calls this taxation without representation because the executive is imposing taxes on the stakeholders, and at the same time, decision making where to spend the money on. thence he goes on to dictate that taxation withou t representation was the battlecry of the American Revolution. Let us without delay review how his argument flows: logical argument executive does something extremely dandy because of social responsibility à taxation without representation à battlecry of the American Revolution. Therefore, if the business executive prevents increase in prices, there is the possibility of a revolution. This argument is faulty, because business executives do not do extreme things like prevent increase in prices to combat inflation.

They dont admit people based on their needs, but on their qualifications. only when thi s isnt what social responsibility of busines! s is. In Friedmans line of thinking, with his arguments, the social responsibility of business is thus taxation without representation, which is a purpose truly un-American, or un-Filipino, for that case. He is correct in this sense. However, I cannot, at any cost, support such an idea. Business is business, its a rough world, ripe of tough competition. Its always the matter of honing your competitive advantage. If you want to arrive at a full essay, grade it on our website: OrderCustomPaper.com

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