Posted: February 23rd, 2022
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Learning Goal: I’m working on a business discussion question and need guidance to help me learn.Does a company have to act selflessly to be considered socially responsible? For example, when building a new plant, a corporation voluntarily invested in additional equipment that enabled it to reduce its pollution emission beyond any current laws. Knowing that it would be very expensive for its competitors to do the same, the firm lobbied the government to make pollution regulation restrictive on the entire industry. Is this company socially responsible? Were its the managers acting ethically?
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