5. Business should follow these
principles
Ethical Responsibilities
Be ethical obligation to do what is right & fair avoid harm.
Legal Responsibilities
Obey the law
Law is Societies' codification of right & wrong
Economics Responsibilities
Be profitable the foundation up which all others rest
7. Solutions continued
Lead free products
Eco Friendly Products
Reduce Reuse Recycle
We should use Wind energy
Use pollution free automobiles
8. Trusteeship – A Gandhian View
Corporate Social Responsibility
The philosophy of Trusteeship believes in inherent
goodness of human beings.
It involves the capitalists and landlords in the service of
society without any element of coercion.
It doesn’t want the destruction of capitalists.
Gandhi himself believed that their destruction would
result in the end of the workers.