‘The Social Responsibility of Business Is to Increase Its Profits’ – discuss the validity of this statement, how it relates to different theories and cultural values.

Structure :

Introduction (250 words)

Ethical values comparison with statement with examples (800 words):

egoism

utilitarian 

ethics of duty

ethics of rights

Theoretical comparison with statement (1000 words)

Freeman's stakeholder theory

carrolls pyramid

friedman's article (http://doc.cat-v.org/economics/milton_friedman/business_social_responsibility)

Cultural value in comparison with statement (700 words)

Conclusion on whether statement is valid (300 words)