Distinguish between primary and secondary stakeholder, Business Law and Ethics

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Question 1:

a. Social responsibility is the duty to do what is best for the good of society. Critically analyze the ethical obligations of a business are toward the society.

b. Critically analyze the two key branches of ethics; descriptive ethics and normative ethics.

Question 2:

a. Critically analyze the economic, legal, ethical, and philanthropic responsibilities a firm has towards its stakeholders?

b. Distinguish between primary and secondary stakeholders and provide relevant examples to support arguments.


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