This preview shows page 1. Sign up to view the full content.
Unformatted text preview: justify supporting the arts because without the arts, every kid would be the same, and therefore a business would not get a new perspective on things. Friedman would say that the arts can support itself. He would not condone businesses supporting the arts; he would call it a social responsibility. Freeman however would say that it is the duty of the business to support the arts. The community is a key stakeholder and Freemans theory says that managers are supposed to balance the claims of all conflicting stakeholders. The business and community can often come into conflict, but this is why we pay managers and upper level positions so much. They are trained to solve problems like this, its their job....
View Full Document
- Spring '08