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Define corporate social responsibility. What arguments in favor of CSR seem most important to you? How is CSR different from strategic CSR?

2. What are the four responsibilities of a firm outlined in Archie Carrolls pyramid of CSR model? Illustrate your definitions of each level with corporate examples.

3. Milton Friedman argued that few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. What are two arguments in support of Friedmans assertion and two against?