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Friedman assumed that focusing on open social investments was not proper for business well-being and this would divert the goals of the business. The ideal goal of the company is to provide a return to its shareholders. By focusing on external social responsibilities, the corporation is distracted from its sole purpose. Friedman asserted that corporations do not know how to properly invest in social causes (Friedman, 1970/2002). Friedman deemed this as a tax upon stockholders of which they have no decision regarding how it is spent. Consequently, he added that an individual is on liberty to pursue social responsibilities; this is because the corporate executive lacks the ability to properly perform such actions (Friedman, 1970/2002).
On the other hand, according to Archie Carroll’s, adding on to making a profit and obeying the law, a company should endeavor to improve or solve societal needs. His view is generally advocated through stakeholder theory. This theory maintains that corporations should consider the effects of their actions upon other individuals at stake or of interest in the corporation such as customers, suppliers, general public, and employees (Carroll, 1987).
Businesses cannot pursue their long term profit returns if they have poor relations with their stakeholders or the environment. Meanwhile, firms cannot meet all the needs of their stakeholders and continue making profits. It is therefore advisable that management decisions should be based on an objective ethical code of conduct.
Using the money that shareholders have invested in the businesses to support unprofitable needs of the society is clearly wrong. Therefore, businesses should make profits, obey the law, act according to an ethical standard, and only pursue corporate social responsibility activities that improve long-term shareholder wealth.
A corporation is a legal entity, meaning it is a separate entity from its
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These violent extremist groups were seen as a threat to the American way of life and national security. While most of the country had asked that the war in Afghanistan be ended and the troops deployed there be recalled, Obama argued that doing so would leave Afghanistan vulnerable to extremist elements and allow groups like the Al Qaeda and Taliban to take control of the country and once again, pose a threat to their national security.
While one doesnt expect them to be particularly healthy, with the information available on the importance of fiber one would expect that it would be more readily available as are the other nutrients.
According to the results of
To be able to be effective leaders in the next century, the following leadership qualities must be developed: abilities for decision making given drastic changes in the environment through navigation skills,
RTE cereal) in lowering low-density lipoprotein cholesterol in adults with overweight and obesity as compared to the controlled intervention (dietary program with low-fiber control foods only). In this case, each group participants is exposed only to one study intervention,
Secondly, it explores the historical evolution of the president’s office, taking into account, the provisions of laws, the constitution, legal precedents, treaties and the customs related to the formal and the informal powers of the president (Bowles,
The rule of "you scratch my back, Ill scratch yours" tends to apply in this case. Individuals realize that other people also have needs. They may try to satisfy others needs if their own needs are also met in return (Kohlberg,
Settling on either a right or wrong way of doing something depends on how the action affects the society. Ethics is an aspect of moral philosophy that strives to minimize harm both for self and for others thereby creating a peaceful and safe society where people
tep process which includes how a particular situation may impact the lives of other individuals, what can be done to mitigate the issue and identify the impact that different steps for solving an issue can have on other people. Any issue that can have a negative impact on the
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