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Business and social responsibility/Twitter Vision Statement

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A) If you agree that companies do have a social responsibility then what do you do when it conflicts with the responsiblity to the stock holders? Could it be that social responsibility trumps profitability in some cases or the concept that the real reason for a company is in business is only to maximize profit and whatever stops that is not suppose to be on their list of goals? What do you think

B) Write a vision statement for Twitter or take theirs and make it better and explain.

C) Do you agree that united airline is supporting a environmental safety and long term health of its employees?

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Solution Summary

This solution considers the importance of social responsibility and as the concept relates to stock holders. It provides a vision statement for Twitter.

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A) If you agree that companies do have a social responsibility then what do you do when it conflicts with the responsibility to the stockholders? Could it be that social responsibility trumps profitability in some cases or the concept that the real reason for a company is in business is only to maximize profit and whatever stops that is not suppose to be on their list of goals? What do you think?

A company's responsibility to its' shareholders is to make a profit. It is, however, wrong ethically and morally to do so at the cost of social responsibility. In addition, it is bad business. For businesses to survive and make profits operating in a socially responsible manner is key. At the same time, one must figure out how to act in a socially responsible way and still make a profit. Earlier in a ...

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