MODERN MANAGEMENT Arguments Against Business Performing Social Responsibility Activities CONTROL DATA CORPORATION The best-known argument against business performing social responsibility activities has been advanced by Milton Friedman,one of America's most distinguished economists. Friedman argues that making business managers simultaneously responsible to business owners for reaching profit objectives and to society for enhancing societal welfare sets up a conflict of interest that could potentially cause the demise of business as it is known today. According to Friedman,this demise will almost certainly occur if business is continually forced to perform socially responsible actions that directly conflict with private organizational objectives. Modern management Arguments Against Business Performing Social Responsibility Activities The best-known argument against business performing social responsibility activities has been advanced by Milton Friedman, one of America’s most distinguished economists. • Friedman argues that making business managers simultaneously responsible to business owners for reaching profit objectives and to society for enhancing societal welfare sets up a conflict of interest that could potentially cause the demise of business as it is known today. • According to Friedman, this demise will almost certainly occur if business is continually forced to perform socially responsible actions that directly conflict with private organizational objectives