Question: When articulating what we ve been calling The Narrow View of business ethics, Milton Friedman says: Question 3 Answer a . In a free -
When articulating what weve been calling The Narrow View of business ethics, Milton Friedman says:
Question Answer
a
In a freeenterprise, privateproperty system, a corporate executive is an employee of the owners of the business. He has direct responsibility to his employers. That responsibility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while conforming to the basic rules of the society.
b
In a freeenterprise, privateproperty system, a corporate executive is an employee of the owners of the business. Despite this, the corporate executive does not solely have a responsibility to his employers, but to all those affected by his decisions.
c
In a freeenterprise, privateproperty system, a corporate executive is an employee of the owners of the business. He has direct responsibility to his employers. That responsibility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible, even if this breaks the laws of society.
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