. What is social responsibility? Build up arguments for and against social responsibilities.

. What is social responsibility? Build up arguments for and against so

1.	. What is social responsibility? Build up arguments for and against social responsibilities.
Answer» Arguments for social responsibility 1. Business is a part of society.2. Long term self interest of business. 3. Moral justification.4. Creating better public image.5. Avoidance of government. regulations.6. Maintenance of society.Arguments against social responsibility 1. Contrary to basic function of business.2. Conflict with profit motive.3. Distortion in resource allocation.4. Imposition of business values.5. Inefficiency in the system.