Milton Friedman and Peter Drucker on Business Ethics

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Essay #: 062138
Total text length is 8,005 characters (approximately 5.5 pages).

Excerpts from the Paper

The beginning:
Milton Friedman and Peter Drucker on Business Ethics
Abstract
This paper shall compare and contrast the concept of business ethics from the viewpoint of Milton Friedman and Peter Drucker.
Business Ethics: Friedman vs. Drucker
Ethicists and businessmen can at times possess divergent views on the subject of appropriate corporate behavior. Should the corporation focus solely on profits for its shareholder investors or are there additional factors that need to be taken into account? While philosophers such as Plato, Socrates, Aristotle first debated and wrote on the subject of ethics and the pursuit of the good life in ancient Greece, the subject still remains open to many opinions. With the growth of industry throughout the twentieth century,...
The end:
.....racts and the role of corporations to other stakeholders within the society.
References
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Hill, C.L.W. (2006). International Business in the Global
Marketplace, 7th Edition. Princeton, NJ: McGraw-Hill.
Malcolm, S. B. and Hartley, N. T. (2009). Peter F. Drucker:
Ethics scholar par excellence. Journal of Management
History, 15(4), 375-387.
“Social Responsibility.” (2010). Ethics in Business. Retrieved
August 12, 2010 from: http://www.ethicsinbusiness.net/social-responsibility/