1. Monitoring Buisness or Ethics
... title, is that the only responsibility of a business is to maximize profits. He contests that business, primarily corporations, have no social responsibility or ethical responsibility so far as the business remains within the confines of the law. Friedman focuses on the executives of corporations stating that the executive ... then he becomes in effect a civil servant and, as one should have been hired through a political process. Friedman claims that the executive Ethics or Money 2 could have possibly been fired by the stockholders for reducing the corporation's profits and the price of...
- Word Count: 1732
- Approx Pages: 7
- Grade Level: Undergraduate