Favour of social responsibilities
Arguments in favor of social responsibilities of business are given below:
- It is in the long term interest of business to assume social responsibilities
- Business can abode government control by discharging its responsibility to society
- Socially responsible business behavior will help to improve the public image of business has power over society. This power should be balance with responsibility
- Business has the talent and resources to help society
- Business is a part of society an creates problems like pollution which it should take care of
- Business gets resources form the society
- It is morally justified to assume social responsibility