Corporate Social Responsibility Essay Example | Topics and Well Written Essays - 2000 words - 3

Corporate Social Responsibility - act ExampleIn decades, there have been diverse arguments over the corporate affectionate responsibility (Tricker, 1998). The cases against the CSR thought begin with classical economic argument started by Freidman. Freidman holds that management has only one responsibility of maximising the profits of the apportionholders and the owner (Friedman, 1970). He argues that complaisant issues are not a business concern and that the issues should bulge resolved by free market system unfettered workings. Additionally, the other argument is that business does not have equipment for handling social activities. On the other hand, the argument in favor of the corporate social resource begins with the belief of businesss long-term enlighten self-interest of being socially responsible. The conduct of view suggests that in order to have a healthy environment for the business in future, the managers should call in action now for long-term viability. Additio nally, the other argument is that the responsibility wards off the government regulations (Baron, 2013). Therefore, using contrasting corporate social responsibility concepts, this paper will different corporate social responsibility in the two case studies and provide an ethical analysis in each of them.Facebook definition is the online a social networking service that has its headquarters in California. The chief executive officer of the corporation is Mark Zuckerberg. As Facebook turns fall out to be more synonymous with experience on networks, its shareholders tend to earn more benefits. Facebook has been successful in gaining a greatest share of individuals attention and time. The customers challenge in the coming years is to have that dominance of attention and time to convert into a bigger share for their wallets. Most of the shares they spend indirectly or directly on advertising (Wong, 2014).Being an international brand, the greatest ethical challenge that the company fac es is online privacy. Online privacy relies on the