The document discusses social responsibility and managerial ethics. It outlines two opposing views on social responsibility - the classical view that a company's only responsibility is to maximize profits, and the socioeconomic view that companies have broader responsibilities to society. It also discusses reasons for and against social responsibility, levels of social involvement, the relationship between social responsibility and economic performance, and whether socially responsible actions are disguised profit-maximizing behaviors. Finally, it covers managerial ethics and factors that influence ethical decision making.