What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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Arguments against Corporate Social Responsibilities. As we have seen there are a lot of advantages of using Corporate Social Responsibilities‚ however there are points of view that CSR makes negative affect on the company. We will try to explain main disadvantages about CSR below. Some companies are using CSR‚ only because they want to show the seriousness of the business and care about service or product that they produce‚ but in fact they not really carrying about the way the product come to
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courageous in making their own decisions‚ even if it is not what society thinks is the “right” thing to do. They are stepping out of the social norms by portraying behaviors that are not considered acceptable in society. Humans of all ages mainly rebel against societal expectations than conform to them by taking a stand against authority and stepping out of the social norms that are found in society. Society forces expectations upon
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THE CASE AGAINST CORPORATE SOCIAL RESPONSIBILITY According to my point of view‚ the writer of this article makes a controversial argument against Corporate Social Responsibility. He defines Corporate Social Responsibility as the increasing popular idea. His basic argument against this idea is twofold. First he argued that if profits and public interests are aligned‚ Corporate Social Responsibility is irrelevant. But I think that Corporate Social Responsibility is not irrelevant. The fact that
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The Case Against Corporate Social Responsibility Dr. Karnani shows in this article from the Wall Street Journal‚ the pros and cons on whether businesses should be required to implement social welfare initiatives. For some companies‚ this idea is a win-win situation but there are other businesses that in order to promote these initiatives‚ they would have to lose profits. The idea of people helping people sounds very good but we have to be realistic‚ we are living in a capitalist country
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EXEC ADVISER AUG 10 The Case Against Corporate Social Responsibility The idea that companies have a duty to address social ills is not just flawed‚ argues Aneel Karnani. It also makes it more likely that we’ll ignore the real solutions to these problems. By ANEEL KARNANI August 23‚ 2010 Can companies do well by doing good? Yes—sometimes. Journal Report Read the complete WSJ Executive Adviser report . But the idea that companies have a responsibility to act in the public interest and
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Liberty v/s Responsibility Liberty is the most valued and sought after outcome of any political society. It is a mark of a productive and prosperous society where people enjoy a set of fundamental rights for e.g.:- right to free speech‚ fair trial‚ etc. On the other hand social responsibility towards others and oneself unites the community and increases social well-being. Various political philosophers have come up with different ways to prioritize one over the other and some have believed to strike
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Webster defines an abortion as a medical procedure used to end a pregnancy and cause the death of the fetus. Just reading these definitions begin the argument of whether or not abortion should be legal and if it is “morally” right. Abortion has become a popular topic of discussion across politics and within churches. Although both sides have valid arguments‚ it is up to the woman carrying the child to decide whether she will keep the child or not. No government‚ nor religion should force someone into
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Factors For and Against Marijuana should be legalized in the United States. Reasons for legalization (ranked from strongest to weakest) 1. Medical benefits for terminal illnesses such as cancer. 2. Police and court resources would be freed to pursue more serious crimes. 3. The FDA could regulate the quality and safety of the drug. 4. This drug has fewer side effects that most currently legal narcotics. 5. Legalization would lower prices‚ thereby reducing crimes such as theft. 6
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One common argument is that paternalism attack freedom of choice. That point seems reasonable‚ but actually doesn’t make any sense. According to “The New Paternalism: The Avuncular State” of The Economist‚ the state should repress a man’s a man’s acts only if they harm
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