Milton Friedman stated in his famous article in The New York Times in
1970 that “the social responsibility of business is to increase
profits.”
* Do you agree? If not, do you prefer that multinational
corporations adopt a focus on corporate social responsibility or
sustainability practices?
Can a company be good at corporate social responsibility but not be
sustainability oriented? Is it possible to focus on sustainability but not
corporate social responsibility? Based on reading the Focus on
Managerial Implications section, discuss how much CSR and
sustainability are related and how much the concepts differ from each
other.