Social Responsibility Of A Business Essay

1433 Words Nov 4th, 2015 null Page
The topic of “social responsibility of a business” has always been a debatable topic. Many argue that a business has much more responsibility than just focusing on the increase of profits. For example, the environment, the consumers, the employees etc. They think these factors should be some of the primary focuses of a corporation. In this research paper I am analyzing that businesses and corporation’s social responsibility is to be socially responsible while increasing profits because that is what they are developed to do. The other factors that people argue should be the primary focus are important to the success of these companies, but are not the only primary focus. The social responsibility of a company is to increase profits, while at the same time, being socially responsible.

What is social responsibility? Social responsibility is an ethical framework which suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. In simpler terms, taking consideration of the other parties that are affected by the actions of another. In business ethics everyone has this responsibility to be accountable for the best of society. It is considered wrong of one to not do so when acting in society. This role, over several years, has began to migrate towards businesses affecting their consumers and profits. What is a business to have a social responsibility? It is often questioned if business integrates social and…

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