Bus 101Jiyu SongRobert RollinsAssignment 8Summary The Social responsibility of business is to increase its profits.In this article, the main point is the discussion of the social responsibilities of business. The discussion of the “ social responsibilities of business are notable for their analytical looseness and lack of rigor. Presumably, the individuals who are to be responsible are businessmen, which means individual proprietors or corporate executives. In either case, the key point is that, in his capacity as a corporate executive, the manager is the agent of the individuals who own the corporation or establish the eleemosynary institution, and his primary responsibility is to them. Of course, the corporate executive is also a person in his own right. What does it mean to say that the corporate executive has social responsibility in his capacity, as businessman is that he is to act in some way that is not in the interest of his employees?
This is the end of the preview.
access the rest of the document.
Sociological terms, Social Responsibilities, corporate executive