There are two views regarding the "social responsibility of business" that have been articulated. The first is perhaps described by Milton Friedman (1970) who suggests the social responsibility of business is to increase its profits. The second claims that business has a corporate social responsibility, which is usefully described by Porter and Kramer (2011 ) (i) Outline Friedmans main arguments in support of his position. (ii) Outline Porter and Kramers position on corporate social responsibility as a shared value. (iii) Comment on why you think the authors maintain these different positions..