Business ethics and social responsibility


Problem 1: Ethics and social responsibility play important roles in today's business world and are impacted by movement regulations. For your paper, select one of the following statements:

1) "Since the goal of the public corporation is to maximize shareholder wealth, management should take any action necessary to achieve this goal so long as no law is violated."

2) "It is acceptable to sell products banned in the United States in other countries (i.e., where permitted by other countries due to differences in national policies)."

3) "Strict government regulations are necessary to make companies behave ethically."

Problem 2: Do a paper in which you:

1) Examine the chosen statement in the context of ethics and social responsibility.
2) Examine the impact government regulations have on business ethics and social responsibility in the example you choose.
3) State why you agree or disagree with the thesis or premise behind the statement you select.

Please cite references.

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