This chapter provides a framework for understanding the social responsibilities of a business corporation. Following Carroll, it proposes that a manager should consider not only the economic and legal responsibilities of a firm but also its ethical and discretionary responsibilities. It also provides a method for making ethical choices, whether they are right versus right or some combination of right and wrong. It is important to consider Cavanaugh’s questions using the three approaches of utilitarian, rights, and justice plus Kant’s categorical imperatives when making a strategic decision. A corporation should try to move from Kohlberg’s conventional to a principled level of ethical development. If nothing else, the frameworks should contribute to well-reasoned strategic decisions that a person can defend when interviewed by hostile media or questioned in a court room.