MBA5101 Strategic Management and Business Policy
Unit 3 Discussion
Corporate Social Responsibility (CSR) is a company’s initiative to assess and take responsibility for a company’s impact on the environment and social wellbeing of the planet. It applies to efforts a company instill which goes beyond what is mandated by laws and regulations. When it comes to corporate social responsibility (CSR), do you think companies should lean toward Milton Friedman’s (economic freedom) or Archie Carroll’s (pyramid) ideology? Explain why you think your answer is better for the company and its stakeholders.
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