STRM075: Social Responsibility and Impact Essay Assignment Help

Question

STRM075: Students enrolled in the course MSc. Project Management at the University of Northampton, UK is required to provide an essay assignment in which students are required to critically review Milton Friedman’s essay “The Social Responsibility of Business is to Increase its Profit”.

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Solution

As subject matter experts, our academic writers have been able to provide students with top-quality assignments that incorporate all the requirements of an A+ grade social responsibility and impact essay assignment. Find out how we provided students with the best STRMO75 Critical Review Assignment Help in the UK. 

For this MSc Project Management Assignment Help, our PhD experts at Online Assignment Services provided answers to the critical analysis of Friedman’s essay, along with an introduction and a conclusion to the essay assignment.  

 

Introduction

This section of our University of Northampton Essay Assignment Help briefly introduced the belief that all organizations have social and environmental responsibilities not to be anything new and that its traces can be found several centuries back. Our experts have ensured that the University guidelines are always followed and the resources are cited properly. 

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Overview 

In this section of our Sustainability Assignment Help, our experts have given an overview of the provided essay by explaining the doctrine of Friedman as based upon the responsibility of an organization towards the shareholders. Our experts have also summarized the essay and explained Friedman’s argument that only individuals have responsibilities and corporate is an artificial person and therefore holds artificial responsibilities which makes the application of CSR on corporations vague. 

 

Critical Analysis of Friedman’s Views 

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Stakeholders and Their Significance in Business

In this section from our STRMO75 Critical Review Assignment Help, it was discussed by our experts that The significance of stakeholders and organizational responsibilities towards them can be better understood by the stakeholder theory proposed by Freeman.  In addition, our experts have also helped the students understand the amount of effort and financial resources invested for the well-being of each stakeholder might vary depending upon their significance but ensuring their well-being is crucial for an organization.

Multiple Responsibilities of Organizations

In this section, our experts have again proved Friedman’s doctrine to be wrong with its organizational focus toward profit maximization. With the help of the professional experts the student was able to claim the loopholes in the theory and imply that if sufficient economic opportunities are not created, the profitability of the organization will be impacted directly. 

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Ethics in Business 

In this section of this Social Responsibility and Impact Assignment Help, our experts have explained how Utilitarianism is an ethical theory that considers an action good if it helps in achieving good for a maximum number of people. In support of our Expert analysis, we have provided a snippet from the solution below which will help you decide our authenticity and reliability to avail our offers for all the MSc Project Management Assignments Help 

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Conclusion

In this last section, our experts at OAS have concluded the essay with the successful conduction of the critical analysis, which resulted in Friedman’s views on Organizational responsibility and his perspective of CSR being wrong. It was also concluded that societies have several expectations from businesses and therefore it is imperative for organizations to meet these expectations to establish harmony.

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