A three page discussion paper. Topic" Does Business Prey Upon or Benefit Society?"

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Business Finance

Description

A four pages paper plus bibliography, double space, font 12, Time New Roman.

The paper should be applied with knowledge from business law. The main theme should associated with ethics in business. Comparing what business does for, between society responsibility and business profit. There must be a certain THESIS in this paper. Either social responsibility or the Benefit from business.

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Explanation & Answer

Attached.

Running head: DOES BUSINESS PREY UPON OR BENEFIT SOCIETY?

Does Business Prey Upon or Benefit Society?
Institution Affiliation
Date

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DOES BUSINESS PREY UPON OR BENEFIT SOCIETY?

2

Introduction
The question of whether businesses benefit the society or prey on it has been doing
rounds for a long time in not only the business circles but also in legal circles among business
law experts. In fact, there are legal experts as well as economic experts who have documented
volumes of information just to explain their points of view regarding the question. Many laws
and ethical standards have been set out to be followed or rather abided by in business. In most
situations, the impacts that businesses have on the society depend on whether they comply with
the ethics or not (Carroll & Buchholtz, 2014). The ethics are like codes of conducts which when
broken are likely to elicit consequences of legal nature. This is precisely where the law comes in
specifically the business law that regulates conduct in business. Away from that, it is true that
businesses have essential impacts on the society as well as some few negative impacts. There is,
therefore, need to improve both the legal and economic infrastructures of business to ensure that
the negative consequences are reduced while maximizing the benefits (Carroll & Buchholtz,
2014).
How Business Benefits the Society
One of the benefits of business in a society is that it helps in providing goods that cannot
easily be obtained by the members of the society....


Anonymous
Awesome! Perfect study aid.

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