Discuss the ethical challenges with this philosophy

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Assignment:

Identify the moral philosophy that best supports capitalism and explain. Identify a moral philosophy that does not support capitalism and explain. Which of those two philosophies provides a more compelling argument?
Milton Friedman argued that a company does not have a social responsibility and that its primary responsibility is to increase shareholder profit.
Discuss the ethical challenges with this philosophy.
Discuss the ethical implications of consumerism. Consider all stakeholders in your discussion.
Discuss an example of a leader who exhibited the seven habits of a strong ethical leader. Discuss an example of a leader whose ethical principles proved detrimental to the organization.
Refer to Case 15: Apple Maintains Strong Ethical Roots. Apple has long been celebrated for its leadership, innovation, and culture. Research the company further and provide further examples of positive or negative aspects of their ethical behavior. You might consider accusations of slowing their systems down to force upgrades, thus contributing to consumerism, etc.
Refer to Case 7: Walmart Juggles Risks and Rewards. Utilize research to examine some of the ethical challenges that Wal-Mart has faced.
Compare their responses to these situations to their statement of ethics and stated values. Is Wal-Mart truly a leader in your opinion based on their foresight and response to ethical challenges? What other challenges lie ahead and how should they be proactive?

Reference no: EM133330507

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