Socail Responsibility
It is often said that a business should exist to better its community. I disagree; in this essay I will show that a businesses main concern does not have to be social responsibility. It is a difficult task to be socially responsible to society while continuing to serve the interests of your employer. A business isn't human it does not make decisions. Business and life are two very different worlds, what is appropriate for the one world may not be the same for the other. Being socially favourable can lead to many consequences including decrease in profitability or even bankruptcy. In an essay by Thomas Mulligan, Milton Friedman suggests the implementation of social responsibility by a corporate executive is "unfair, because it constitutes taxation without representation, and a violation of trust, because the executive is employed by the owners, as an agent serving the interests of his principal" (Poff, Waluchow, 48) This quote amplifies that social responsibility actually takes money out of the company's stockholders, employees and customers pocket without their consent. You end up being socially irresponsible to your organization by violating their trust and stealing from the company. Through a businesses main activities,
The differences between business and life are very unique, and should be kept that way. Of course there is an enormous need for medication to improve or even save lives, and many people cannot afford the drugs, but if Glaxo decided to help everyone it would be the end of their company. The business world and real world are two completely different and necessary worlds. Since a corporation is not human it cannot think. So Glaxo needed to take action, even though in affect Glaxo is making it more difficult for people to acquire desperately needed drugs, the fact remains that Glaxo is still in business no matter what it's product is and must maintain the needs of the business first. A normal trait for the human race is having compassion for people. It is understandable that human being's ought to be held socially responsible for their actions since they can express a guilty mind and wrongful conduct, but the business is capable of only expressing wrongful conduct and with this difference it should then be concluded that a socially responsible business just doesn't make sense. Another issue was raised in this quote "With just a few clicks of a mouse, the clientele, mostly U. Within the business world you must do your job to be successful. In some scenarios it is possible that we would let others get the advantage on us just because we enjoy seeing others benefit. According to Friedman "A corporation is an artificial person and in this sense may have artificial responsibilities, but business as a whole cannot be said to have responsibilities" (Poff, Waluchow 43). Being "socially responsible" would also have many other consequences, including jeopardizing the research of future medicine due to unavailable resources, and putting the many people who have put their lives into the research of the drugs out of a job. An employee needs to do the job they were hired for. pharmacies from sites across Canada"(Seskus, 1,2) By supplying these internet sites Glaxo is quickly weakening it's profits and putting itself at risk of knockoffs.
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