Business Social Responsibility

According to Riahi (2009), an organization (such as FirstGroup plc) can actually be regarded as a deliberately constructed social unit to pursue a specific goal. In this respect, it also evoked an empathy with a pessimistic dialogue: Milton Friedman pointed out that in 1970's New York Times magazine article, the only "commercial social responsibility" was "increased profit". In his book "Capitalism & Freedom" he wrote that "company" is a tool to own shareholders and will prevent individual shareholders from deciding how to dispose of their own funds if the company contributes . (M.

Initially, the three authors argue against other companies by expressing their beliefs on what "company social responsibility" should be, then further promoting their ideas. For example, TJ Rodgers believes that "company social responsibility" is to maximize profits by raising efficiency and lowering prices. This is more logical than John Mackey's approach and enhances social efficiency. However, John Mackey believes that corporate "social responsibility" should bring value to customers and businesses in the long term, and TJ Rodgers and Milton Friedman are considering narrowing the scope I suggest that. be concerned about. However, Milton Friedman believes that "social responsibility" of the company is to act for the owners 'own interests and that this kind of interest is to maximize shareholders' interests.

Everyone is not thinking that a company should have a social conscience. Economist Milton Friedman said, "Because of its loose analysis and lack of rigor, commercial social responsibility is convincing." Friedman believes that only individuals can have a sense of social responsibility. Because of its nature, business is impossible. Some experts believe that social responsibility ignores the essence of business.