Milton Friedman, world-renowned economist at the University of Chicago, stated that corporate executives have a responsibility to

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Milton Friedman, world-renowned economist at the University of Chicago, stated that corporate executives have a responsibility to make as much money as possible as long as they don’t violate rules embodied in law and in ethical custom.8

a. Do you agree with his statement? Why or why not?

b. Friedman defined ethical custom narrowly to mean no fraud or deception. Using his definition, has Alliance acted ethically?

c. Define, using your own words, ethical custom.

d. Using your definition of ethical custom, has Alliance acted ethically?

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Experiencing MIS

ISBN: 9780134402192

7th Edition

Authors: David M Kroenke, Randall J Boyle

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Question Posted: Jun 21, 2024 09:04 AM

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Milton Friedman, world-renowned economist at the University of Chicago, stated that corporate executives have a responsibility to

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Experiencing MIS

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