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Define ethical environment that is applicable to the business world.
Prompt: Review the articles on the gulf oil spill and corporate social responsibility. In 250 words, explain how the philosophy of Milton Friedman played a role in management's decision.
Identify one other ethical framework, other than Free Market Ethics, that influenced management during this event. Incorporate the material from the required readings below along with scholarly outside research. All sources used must be APA cited.
Article 1 Business Ethics - Deontologically Revisited by Edwin R. Micewski Carmelita Troy Journal of Business Ethics (2007) 72:17-25
Article 2 Shareholders and Social Responsibility by Brian P. Schaefer Journal of Business Ethics (2008) 81:297-312
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The basic rules present and constructed in the society are highly important which can be playing a major role in the ethical custom and the philosophy of Milton Friedman is required in management’s decisions.
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