Do you agree with the position that the frequency of business wrong doing is about the same as for individuals or any institutions in society?

Man is a social animal and cannot live in isolation. He is expected to behave in a manner that is socially and morally acceptable to others.

The same applies to businesses. Though the primary objective of company is to earn profit bitvits operations should be in such manner that it could fulfill social obligation too. Like-

- To employ physically disabled person is not compulsion but it is their Social responsibility to hire such people

-Similarly there is not any written law to compel a company to engage in acts to do something for the betterment of environment,taking up projects to clean up environment are considered to be a part of Social responsibility of the company.

- Selling of liquor and tobacco in any society is not against business ethics though it may be against the principles of Social responsibility.

- Same applies to lotteries and gambling. But it is certainly against business as well as society.

What is good for the society is sometimes not good for the business and what is good for the business is almost always not good for the society.So, Company' s wrong doings should be always answerable to the society like individuals.