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Milton Friedman offers two sets of justification for his claim that the responsibility of managers is simply to maximise profits: one set of justification is distinctively moral, where the concern is for how managers use the property shareholders; the other set is economic, focusing on how acting selfishly leads to optimal market behaviour. Interestingly, Friedman argues that the economic set of justification also has a moral flavour -- optimal market behaviour is in everyone's best interest!
In your opinion:
(1) Do you think that optimal market behaviour actually depends on economic agents acting purely in their own self-interest?
(2) Would you be willing to give up optimal market behaviour for the sake of ensuring that people act more altruistically or in line with what's morally right?
which of the following is a method for measuring performance that assigns a certain percentage of employees to each
Describe how Design Thinking would benefit a Performance Organization and an organization in which people work or have worked.
Is this idea of progress a uniquely European idea, or has it been one universally shared by intellectuals in other parts of the early modern world?
1. What are the greatest risk factors for FCL in changing its structure? According to change management models, 2 .what factors are critical to ensure success i
How did the artifact first come to your attention? How did you find it, or how did it find you? What is it about the artifact that interests you?
Explain the purpose of the Census and why we are required to conduct a census in the USA. Why is a census accurate. Would sampling be better?
Presentation of 10-15 content slides - Explain how reference checks can assess the risk of adding new employees to the organization's culture
In this module, you were introduced to Aristotle's idea of eudemonia, which emphasizes happiness and flourishing. Imagine you are 99 years old and looking back on your life. What do you think are the moments or actions that made you happiest?
analyze the reason for the type of organizational structure employed by the organization and identify the key
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What strategies should health care managers use to support health plans for employees? Provide examples.
What are major challenges facing information management systems
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