Social Responsibility in Business

Topic: Social Responsibility in Business

Subject: Ethics

1) Friedman, M. (1970, September 13). The social responsibility of business is to increase its profits. The New York Times Magazine, SM17.

2) Freeman, R. E. et al. (2010). The problems that stakeholder theory tries to solve. In: Stakeholder Theory: The State of the Art (pp. 3-29). Cambridge, UK: Cambridge University PressCLICK HERE TO GET MORE.........

I have included the documents needed for this essay.

You must address the question of corporate social responsibility in the 21st century. What relationships, obligations, and duties are appropriate between business organizations and their various stakeholders? What is the nature of the contract for social responsibility that business organizations have with society?

In preparing the paper, two contrasting views on corporate social responsibility must be explained and considered.

These are Milton Friedman?s view that the social responsibility of business is to be profitable and R. Edward Freeman?s view that positive stakeholder relationships are integral to business successCLICK HERE TO GET MORE.........