issues, h owever, their arguments closely parallel one a nother. A c o n t i n u u m o f social c o n c e r n T he polemics between Friedman and Davis reflect a c ontinuum of ethical orientations which exist in b usiness thought; it is usually envisioned as having t hree categories: Social Obligation, Social Responsib ility, and Social Responsiveness. Social obligation t heory largely parallels Friedman's position; besides o beying the law, nothing is required. Firms, howe ver, can and should…
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