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Explain milton friedman arguments supporting

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Reference no: EM133019722

Draft a memo that explains what the company's ethical obligations are in situations like these. Do the Milton Friedman's opinion piece in 1970 first, arguing that a company's only ethical responsibility is to make profits. Review the recent memo from the Business Roundtable that takes a more expansive view of the responsibilities of a company. The Business Roundtable consists of CEOs of Fortune 500 companies. End memo with a conclusion where recommendations to the CEO.

  1. Explain Milton Friedman's arguments supporting that a company's only obligation is to make money.
  2. Explain the arguments contrary to Friedman's position including where the Business Roundtable stands as well as other arguments.
  3. Using one of the ethical issues that posted in classroom discussions (The surge pricing that Uber promotes is an ethical problem. Surge pricing occurs when Uber ride charges rise due to increased demand for a trip in a congested location) That is one of the ethical issues I did in a discussion, illustrate for the CEO, how that issue would be resolved using Friedman's perspective and how it would be resolved using the perspective of the Business Roundtable.
  4. Which of these positions is most compelling and why?

Reference no: EM133019722

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