Question

Is the pursuit of profit at odds with the pursuit of personal responsibility?  Is the pursuit of...

Is the pursuit of profit at odds with the pursuit of personal responsibility?  Is the pursuit of profit at odds with corporate responsibility?

Homework Answers

Answer #1

The pursuit of profit at odds is aligned with the pursuit of personal responsibility. The person, who takes a decision with the objective of profits, takes the onus of the complete scenario. He must be accountable for that scenario, irrespective of the outcome.

The pursuit of profit at odds is not completely in line with that of corporate responsibility as some individuals put the prime focus to attain profits rather than think about the impact that his decisions might have on the society. Some industrialists blast their own plant to get grants from the government, which facilitates their overall business, aiming at profit-making. This is totally aligned to personal responsibility while the corporate responsibility is totally ignored in this situation.

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