The Moral Obligation of Businesses Essay - 1326 Words

Introduction: Individuals are not motivated to do as they wish to, within narrow boundaries of the community, which illustrates common collaboration. By stages, cooperation will improve into activities that rise towards sustaining that niche society’s wellbeing. People who care about others who are not able to take care of them self like, poor, old, weak, sick, as also know as moral imperatives (Brenan, pg 114). Even though, helping isn’t partial to the above-mentioned groups. Basically thinking regarding citizens, land, atmosphere and nature is known as cultivation. Businesses and Government are also involved in civilization. It is very difficult to search l societies that are not sufficiently stable to live. At some stage big†¦show more content†¦It looks sensible and dynamic to put social strategies high on the corporations’ agenda. Drucker stated that businesses has the responsibility to drop the society in the same manner a school has a responsibility to go over- and-beyond its primary goal, which is providing education to the society (Drucker 1981).It is defined by Friedman (1970), being morally accountable is going beyond the basic desires of complying with the law, it is when a corporation spends more to cut down the carbon emissions and pollution, than the amount that is in the best benefits of the corporation. This creates a new problem regarding the money that they invest belongs to the shareholders. Some people argue that the revenue that business generates belongs to the shareholder where as some may believe that it is the shareholders interest for the corporation to become profitable, due to their interest relies on the corporation wellbeing. I agree with that definition because if the business runs out of the profit, the shareholder’s investment will disappear. The best thing a company can do is to maintain its sustainability in a competitive environment. Usually societies are doubtful about the corporations whenever practicing CSR. Some people say the companies are fraud and trying to cheat the society and creating positive image and reputation. From my point of view Companies are pushed by governments’ rules and regulations to practice CSR. CSR is every company’sShow MoreRelatedBusiness Moral Responsibility Essay1370 Words   |  6 PagesBusinesses Moral Responsibility Darryl A. Young April 18, 2008 Philosophy GEPI 140 One of the most important questions in all businesses is, whether businesses have any moral responsibilities at all beyond simply earning as much of a profit as possible for their owners? If you look at it from the business point of view they are only responsible for making a profit. The company is an agent of the shareholders and is responsible only to them, and only for making a profit. 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