Question

review the arguments for and against social responsibility?

Answer 1

· For: Business helped create many social problems that exist today, so it should play a significant role in solving them.

· Businesses should be more responsible because they have financial and technical resources to help solve social problems.

· Social responsibility is necessary to ensure economic survival. If businesses want educated and healthy employees, customers with money to spend, and suppliers with quality goods and services in the years to come, they must take steps to help solve the social and environmental problems that exist.

· Against: Sidetracks managers from the primary goal of business. Every dollar donated to social causes or otherwise spent on society’s problems is a dollar less for owners and investors

· Participation in social programs gives businesses greater power, perhaps at the expense of particular segments of society.

· No I cannot.