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The late American economist, Nobel Prize winner in economics, much revered and much reviled, Professor of Economics at the University of Chicago, stated hat the

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The late American economist, Nobel Prize winner in economics, much revered and much reviled, Professor of Economics at the University of Chicago, stated hat "the only moral obligation managers have is to make a profit for their company". How can this statement be reconciled with the discussion on the Socio-Economic View and Corporate Social Responsibility in the text? Are the wo positions mutually exclusive? Can the two be reconciled? If not, what is YOUR position? How far should managers go in assuming social responsibility? - In their responsibility to employee well--being and occupational health and safety? - In protecting the environment? In meeting customers' needs? In acting responsibbly within society? Participation in this discussion will be marked as follows: Quality, logic and originality of the posting (s): 1 point Quantityumber of postings: 1 point Responsiveness to others/ engagement in the debate: 1 point Post your response in this Forum

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