'If a business wants to maximise profit, it cannot be concerned with Essay

'If a business wants to maximise profit, it cannot be concerned with corporate social responsibility'. Critically discuss th - Essay Example When a business focuses on maximizing profit, they are ignoring their responsibility towards society. Should a business worry about the importance of CSR or that of maximizing profit (Davis 1960)? The paper discusses the fact that it is a business’ social responsibility to maximize profit by ignoring corporate social responsibility. Argument 1 It is the responsibility of the corporate executive to generate as much profit for the business while complying with the fundamental societal rules. CSR has the policies that ensure a business conforms to these rules. Throughout the decades, the theory of Corporate Social Responsibility (CSR) continues to develop in significance and importance. It has been the subject of considerable debate, commentary, theory building and research. Regardless of the continuing discussions as to what it means and what it entails, it has enhanced and evolved in both practitioner communities and academic globally (Smith 2003). The notion that the responsib ilities of business enterprises to society go past that of profit making for the shareholders has been here for many years. The phenomenon developed after the WW II and failed to take any direction in terms of significance until the 1960s and afterwards (Friedman 1970). So long as the government keeps the laws, corporations will continue to carry out their practices as the law permits them to maximize profit, so in other words, CSR is not the complete responsibility of corporations, but that of the governments. Edwards Freeman created the theory of the  stakeholder, which deals with a person’s values and morals in organization management (Friedman 1970). The  theory of the stockholder states that stockholders increase resources to corporate managers who operate as agents in developing their interests. The main purpose of any organization is to maximize profit. The problem is whether these organizations should have any responsibilities towards society. The function of a co rporation is vital when attempting to comprehend what builds a ‘good’ corporation (Smith 2003). Since the beginning of debates over CSR, critics and supporters have been expressive about the arguments for and against the notion of CSR. There has been expansive discussion about these arguments. Embedded in the discussions for and against the theory of CSR are points made previously, possibly on a gradual basis, supporting the concept. The argument against CSR concept classically  begins with the economic case expressed by the late Friedman (1970). According to Milton Friedman, the only duty of a business is to ensure maximum profit, and not worry about social responsibility. As a libertarian, he believes there is no need to get in the way of another person’s liberty. Milton supports free market and claims most developed capitalists states are, to some degree, welfares. According to him, the main social responsibility of a business is to ensure maximum profit, as long as it follows the rules of society. In short, a corporation should carry out its operations and take part in free and open competition exclusive of any fraud or deception. It is not right for businesses to have any form of social responsibility because most business owners become so in order to make profits. The issue of CSR also asks the question, who is responsible in ensuring the corporation follows CSR policies? Is it any person with power or the owner? Does an individual, as opposed to workers combined have moral duties (Smith 2003)? These are the type of

Compare and contrast intelligence processes Research Paper

Compare and contrast intelligence processes - Research Paper Example Every organization has its specific role and mode of operation and, therefore, the nature and frequency of intelligence that they may require for the execution of their tasks also vary. Thus, the cycles and processes of intelligence collection among these organizations differ drastically though they may be sharing some similarities. The responsibility of organizations that have the onus of taking care of national security, such as National Security Agency (NSA), Central Intelligence Agency (CIA) and Federal Bureau of Investigation (FBI), has increased manifold in the recent days due to the ever evolving nature of security threats from â€Å"terrorist groups as well as hostile nation states† (Best, 2001, p.1). Thus, these organizations have revamped their intelligence collection machinery to obtain necessary information for the maintenance of internal as well as external security. They mostly rely on highly sophisticated electronic surveillance equipment sometimes using aircraf ts for collection of intelligence, such as TechELINT to â€Å"collect, analyze and sometimes and locate† electronic signals from the foreign targets (Bernard, 2009, p.11). On the other hand, law enforcement and homeland security mostly deploy conventional methods for collecting intelligence, mostly using human intelligence sources or less sophisticated electronic devices including human intelligence sources, security cameras and other surveillance equipment. In the present day, the US authorities are rather resorting to a system where all the intelligence disciplines are combined under one window to be utilized by different organizations involved in law enforcement. This is intended to fetch better flow of information among the organizations and will also reduce the consumption of resources apart from ensuring that most reliable information is made available to organizations. Intelligence cycle is the process by which information is disseminated for drawing conclusions about particular evidences in a crime. The main difference between law enforcement intelligence and homeland intelligence is that while the former focuses on criminal aspects, the latter also deals with â€Å"noncriminal domestic threats† including issues of public health and public safety (Carter, 2009, p.14). On the other hand, the concept of national security intelligence covers â€Å"policy intelligence† and â€Å"military intelligence† including identification and observation of hostile elements, weaponry, capabilities of warfare, battle order etc (p.15). Accordingly, the processes and cycles of national security intelligence, law enforcement intelligence and homeland security differ. However, the intelligence collected by all the agencies are similar in the context that such intelligence collection is done for ensuring the safety and welfare of citizens. The main focus of homeland security intelligence is Fire Service Intelligence Enterprise (FSIE) and Public He alth/Medical Intelligence, which are two of the initiatives that are â€Å"moving forward with greater rapidity† after the 9/11 tragedy (p.19). The main difference in the process and cycle of information among various agencies stems from the roles and responsibilities these organizations have in terms of security.