Question

According to the ________ argument on social responsibility, businesses should be socially responsible because responsible actions are the right thing to do.

Answer 1

Answer:

Ethical Obligations

Explanation:

Ethical obligations refers to a set of moral principle that determine whether a certain actions are right or wrong.

In business, ethical obligations is used to measure the social relationships that companies have to the community around it.

Companies with high ethical obligations tend to make a lot of efforts to establish a good social responsibility. They will do things such as: pay their workers with fair salary, make sure that their operation do not destroy the environment, make sure that the materials that they use is safe for the customers, pay their taxes properly , and donate a portion of their profit for good causes.