Why is social obligation of a company to maximize profits

Assignment Help Business Law and Ethics

Reference no: EM133456630

Questions:

1. Should corporations be held responsible for displaying moral qualities such as honesty, considerateness, and sympathy? Or, is the only social obligation of a company to maximize profits? Why or why not? In your answer, please refer at least one of the three arguments in our text (e.g., invisible-hand argument) for what our authors term "the narrow view."

2. Can corporate internal decision structures be effective at monitoring the morality of a business? Give an example to explain your stance.

Reference no: EM133456630

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