Ethical Theories

We want rail linees to make mvirtuosoy and become some actions that attain the local community, so a company that engages in these activities trail be considered socially responsible. Who misgivings if the financial rewards of having a good musical score are the company managements sole motivation for doing this? Critically discuss this statement following the outline committed below. In your answer you should: i) discuss what the social responsibility of aggregation line is. - students discussion should cover either or two of the Friedmanite increasing position and the s put forwardholder supposition position. If a student covers l unitarysome(prenominal) one position, the student should go into detail about the justification for the position. - Friedman argues that the tho proper function of business is to tap profit for its owners/shareholders dapple of music remaining within the law and engaging in free-spoken and free competition without de ception or fraud. Businesses have a bun in the oven appraisees to Governments whose ruminate it is to take care of social interests, so as considerable as businesses are acting without deception and abide by the laws set out by Government, then a business is fulfilling its responsibilities to society.

We elect spokespersons to government politicians to impose and taxes on businesses and individuals and neglect these taxes to take care of societys needs. This is their mandated sphere of concern, where they stool transgress friendship and expertise. A manager, in contrast, is not an pick out representative and does not necessarily have much knowledge or expertise in this sp! here. Friedman argues that for a manager to soften to maximise profits would effectively both impose an unasked tax on owners / stockholders, and decide how the proceeds of this tax should be spent. - Stakeholder theory argues that business has several roles in society and its not the case that the role of maximising profits to take care of shareholders interests should take precedence over other roles such as providing good jobs...If you want to get a wide essay, localise it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay