“There is only one social responsibility of business: to employ its resources and engage in activities designed to raise its profits”
(Milton Friedman, 1970)
(a) Illustrate out how the definition of CSR has evolved over time and is still a contested concept.
(b) Critically analyze the view that CSR is an additional cost jeopardising the entire performance and sustainability of organisation.
(a) What are the factors in social environment leading to raised business criticism?
(b) How does this impact on social contract?
‘Only human beings have a moral responsibility for their actions’. Critically measure this proposition in context of attempts to ascribe a moral responsibility to corporation.
Using instances in the Mauritian context examine the changing relationship between business and civil society.
How is CSR being challenged by changing shape of contemporary multinational corporation?