Social Responsibility of Business
Introduction The belief advanced by Milton Friedman connotes that the directors of a business must engage in business actions that bring only profits to the given business shareholders. In reference to notions of business ethics, the executive management of a business corporation must earn profits for the business owners within the rules of the game. Further, about corporate social responsibility, the business management mandate is to conduct business activities in such a way that they do not commit business resources to social responsibility activities, like charity, that have the potential of reducing business profits (Watson and Prevos, 2009).
Business Ethics
Business ...