1) Violation of profit maximization: This is the essence of the classical viewpoint. Business is most socially responsible when it attends strictly to its economic interests and leaves other activities to other institutions.
2) Dilution of mathematical function: The pursuit of social goals dilutes businesss primary mark: economic productivity. Society may suffer as some(prenominal) economic and social goals are poorly accomplished.
3) Costs: many an(prenominal) socially responsible activities do not pay their own way. Someone has to pay these be. Business must absorb these costs or pass them on to consumers in higher prices.
4) too a good deal power: Business is already one of the most powerful institutions in our society. If it pursued social goals, it would have even so more power. Society has given business enough power.
5) neediness of skills: The outlook and abilities of business leaders are oriented in general toward economies. Business people are poorly qualified to lie with with social issues.
6) Lack of accountability: Political representatives pursue social goals and ar6e held accountable for their actions. Such is not the case with business leaders. in that respect are no direct lines of social accountability from the business sector to the public.
7) Lack of broad public support: in that respect is no broad mandate from society for business to induce involved in social issues. The public is divided on the issue. In fact, it is a topic that usually generates a het debate. Actions taken under such divided support are likely to fail.
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