Nestle Profit Making Essay Example | Topics and Well Written Essays - 750 words - 2

Nestle Profit Making - Essay ExampleHis stance regarding that on that point is no societal responsibility inherent for corporations directly coincides with the idea that was presented by Milton Friedman in that private expenditures on brotherly or environmental objectives represents dollars stolen from the pockets of shareholders and employees. (Redman, 2006 p 96) This theory is a pattern approach by Milton Friedman and in many ways, it is a beneficial approach monetarily, at least initially.What is important to understand is that the sole purpose of many in camera created companies is to generate profit. Because they are private they have no responsibility except to their employees and owners. However, publicly traded companies are increasingly being seen as having a greater accessible responsibility given their large number of owners via stock or shareholders. According to some corporate social responsibility is really just a intense marketing strategy, it serves purely to e nhance the corporations image and increase market shares. (Pardy, 2009 p 9) This leads to the easy assumption that many corporate organizations actually extort or more traditional model and that they simply market or outwardly represent a more beneficent model of corporate social responsibility.These organizations may not view efficiency as a type of CSR, simply because efficiency is a necessary operating approach for profit-making versus becoming economic to reduce carbon emissions. However, even a small amount of community or social awareness and minor changes in approach can make a motion the long-term sustainability in such a way that it benefits everyone including the shareholders and the employees. There are the other CSR fields that are not directly climate or background related and can affect the consumer base directly as well. If there is no desire to promote the health and well-being of the consumer base then there is the potential for a loss of market due to a sharp p otential decline in the consumer base.