Professional Documents
Culture Documents
Friedman's Traditional View: 04 Activity 2 ARG
Friedman's Traditional View: 04 Activity 2 ARG
Carroll's four part definition of CSR was originally stated as follows: “Corporate social
responsibility encompasses the economic, legal, ethical, and discretionary (philanthropic)
expectations that society has of organizations at a given point in time” (Carroll 1979, 1991).
My Decision
The most effective approach that I recommended to achieve organizational success is the Carroll’s 4
responsibilities of business because this approach was focusing on how and why organizations should
meet their social responsibilities. CSR is built on the foundation of profit – profit must come first. Then
comes the need for a business to ensure it complies with all laws & regulations.