1. In your view, what is the best philosophical approach (capabilities, ethical, economic, corporate citizenship, or utilitarianism) underpinning corporate social responsibility and on what basis?Give an example in arguing your viewpoint. Your response must be at least 200 words.2. Moral relativism states that basic ethical beliefs of different people and societies are different and possibly conflict. Moral universalism claims that some moral standards are universally valid independently of individuals and culture. Between moral relativism and moral universalism, which paradigm do you agree with and why? Give an example to support your thesis.Your response must be at least 200 words.