Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Answer the following question in a minimum of two paragraphs and use scholarly sources to document your main response. Local investigators discovered that Horton Inc., a local asphalt company, has...

1 answer below »

Answer the following question in a minimum of two paragraphs and use scholarly sources to document your main response.

Local investigators discovered that Horton Inc., a local asphalt company, has been dumping waste in a private landfill for 5 years. The black tar is toxic, and may have polluted the underground aquifer. The penalty is a $1,000,000 fine, and the company was glad to pay. The famed economist Milton Friedman argued that the only “social responsibility” of business is to increase its profits, effectively meaning that businesses have no social responsibility. Make your strongest argument why Horton Inc. has no social responsibility to the community where it conducts business

Answered Same Day Jan 27, 2021

Solution

Tanmoy answered on Jan 29 2021
143 Votes
Strongest argument why Horton Inc. has no social responsibility to the community where it conducts business
Yes, Horton Inc. has no social responsibility towards the community in which it operates because of illegally dumping wastes in the private landfills for more than 5 years it has been charged by the law with a penalty of $1000000. They are glad to pay the amount as a part of penalty. This means despite of performing immoral act and not caring about the environment degradation and the society at large, they have no realization or empathy of finding ways to improve their waste management system and strategies to upgrade the land where they have dumped the wastes for so long. Hence, Milton Friedman, a famed economist has co
ectly said in one of his essay published in New York Times that companies which pollute the communities are ultimately disseminating hazardous waste and poisoning their customers. A company which ignores environmental and global issues gets impacted negatively in the long run. All these assertion and logic are just for luring the customers and earning profits. There is seldom any social responsibility which the company imparts to the society. Actually, in this globalized environment where thousands of companies operate and emphasizes on providing a high standard social security and responsibility are in fact free to pollute and exploit...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here