Business Ethics Implementation Framework
Words: 690 Pages: 2 2417When it comes to Corporate Social Responsibility (CSR), an organization must choose wisely what it stands for, as this can significantly influence its reputation, stakeholder relationships, and long-term success. Two prominent figures, Milton Friedman and Archie Carroll, offer contrasting perspectives on the concept of CSR, each with its own implications for how businesses should operate within society. Diverse Perspectives on CSR Milton Friedman, a well-known economist, argues that the primary social responsibility of a business is to increase its profits. […]
