Module 1 - responsibility not the business job 4 According...

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Shakera Davis Philosophy 315 Philosophy 315: Module 1 Homework 1. Who does Milton Friedman say can have social responsibility? When Milton Friedman mentions social responsibility he is referring to the individual, not the business. 2. According to Friedman, of whom is the CEO an employee? What is his responsibility? The CEO has many responsibility including making sure the business is in other in which the owners want it. They also have others like the moral responsibility. 3. Is it permissible for an individual proprietor spend money on social responsibilities, according to Friedman? Why or why not? Yes the individual proprietor should spend his/her own money on social responsibilities. It’s their
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Unformatted text preview: responsibility not the business job. 4. According to Freeman, what are the three main problems with the dominant model? ±he three main problems with the dominant model is resistant to change, it’s not consistent with the law and it’s not consistent with the business ethics. 5. How is the theory of managing for stakeholders di²erent from managing for stockholders? ±he theory of managing stakeholder’s is di²erent from managing for stockholders because the theory is the expectaTon of what is to happen. ±he actual managing part may not be what is expected....
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