Social Responsibility of Business to Increase Profits

1.  He is discussing the social responsibility that business has to increase their profits. The responsibility is to conduct business based on their desires. Therefore make as much money as possible but do it ethically. Social responsibility forces people to be responsible for their own actions and makes it difficult for them to exploit people.

      2.  The company would have to spend stockholders money to contribute to the social responsibility. This will reduce the companies’ money, and the stock price would have to rise to compensate for this loss. His customers could potentially leave him and go to another company to invest in.

      3.   Social responsibility of politics raises 2 questions principle and consequences. These functions were established by constitutional, parliamentary, and judicial provisions. This ensures that taxes are imposed in accordance to the law.

       4.   Stockholders can contribute money to charities they support instead of paying corporate taxes.

5.   The responsibility is to conduct business based on their desires. Therefore make as much money as possible but do it ethically. Social responsibility forces people to be responsible for their own actions and makes it difficult for them to exploit people.