Thursday, October 17, 2019

Article summaries Essay Example | Topics and Well Written Essays - 500 words

Article summaries - Essay Example markably, some selfish businesspersons continue to push for capitalism and disregard the society with their sole objective of making profits from the society. However, activists against capitalism have pushed forth to ensure that businesses does not only take profits from the society, but also contribute towards the wellbeing and development of the society (Levitt, n.d.). According to the author, social responsibility evolution aspect in the business world is the main aspect that will enable socially responsible business to thrive while the profit-oriented entities and self-centered executives fall (p. 464). Remarkably, the author indicates that personal social responsibility values such as self-conscious and non-profit endeavors are the key aspects of a responsible manager that will enable the business thrive in the public and reduce resistance evoked by capitalism. The article articulates that social responsibility is not a threat to the success of a businessperson, but long-term benefits from the society compared to the short-term business environment offered by the society to the selfish and profit oriented executives. Social responsibility remains the main aspect towards the survival of a business and reduced conflicts among the executive and the governments despite the function of a business to yield high level of profits. Additionally, the author recognizes the failure of business to recognize social responsibility that has led to the rise of unions and welfare programs to safeguard the community against ill-motivated economists whose sole interest is to uphold capitalism and dep rive the resources of the society, labor, agriculture, and the government. vi. Management is always faced by numerous critics, which it can only avoid by involving the society in terms of ensuring that it maintains the civil rights and restricts the free operation of profit motive. The articles has evoked a sense of exploitation by the capitalists who think that they can just

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