Questions on short article

Please read this article: answer the questions in the document attached1. On page 1 of the article, the author mentions, “You can have your cake
and eat it too!”
What is the author talking about?
1. According to the author, what happens when profits and social welfare go
into “direct opposition”? (p.1)
1. On page 1, the author claims that focus on social responsibility is worse
than being “ineffective and irrelevant”. How does he explain that?
1. How does the author explain the success of companies that incorporated
the need for improved social welfare in their business model? (p. 2)
1. On p.2, the author argues that not all companies seize the opportunity to
make profit on incorporating social welfare in their business models. What
two reasons does the author suggest?
1. What two examples of “doing best for society” will result in “sacrificing
profits” does the author provide on page 3?
1. How does the author differentiate corporate executives and privately
operated companies in their pursuit of social welfare? (p. 3)
1. On pp. 4-5, the author discusses 3 solutions for balancing the profits and
social welfare:
government regulation, watchdog and advocates, and selfcontrol. Summarize their pros and cons.
9.Do you agree with the author? Why or Why not?

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