Arguments for Social Responsibility of business |
Arguments against the social responsibility of business |
1. The entrepreneur is interested in being socially responsible, because:- in the long run, this brings profit to the organization;- it requires or will require society. |
1. Companies already bear social responsibility by paying taxes to the state and wages to workers. The state will receive tax revenues should develop and implement social programs. |
2. This is required by the moral obligations of the entrepreneur to society. |
2. The effect of social activities funded by business, it is impossible to accurately estimate both the micro- and macro-level, i.e., for society as a whole. |
3. This is required by law. |
3. The social activity of the company diverts resources away from the main objectives of, reduces the company's profits. |