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- Milton Friedman stated that "few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible." What are two arguments in support of his assertion and two against? Support: Non-Support:can manages with strong social values be successful manages?What are the underlying values that inform each side of the debate in today's debate (e.g., values like wealth maximization and corporate social responsibility)? Can these sides be reconciled and, if so, what must happen to bring them together? Does virtue have a role to play here; if so, how?
- Explain the concept of creative destruction. Do you agree or disagree that this is how capitalism moves forward? Use an example (not Netflix) and include the particular of the theory (when and who.)In your opinion, how might political leaders use free will as justification for (some) restrictive and unjust policies as a management strategy for this pandemic crisis?4. How is Amazon accomplishing surveillance capitalism?
- Pick a side and argue in support of or against the New Deal. When doing this, take on the persona of someone who lived during the time. For instance, if you are against the New Deal you can pretend to be a businessperson, banker, or a minority who has been hurt or left out by the New Deal's policies. If you are for the New Deal, you can pretend to be a small farmer or small businessperson who has been hurt by the Depression. When making your argument, make sure to draw upon specific examples that are relevant to the person you ae pretending to be. use 2 primary sources and references to the source3-12. What is meant by moral idealism?(1) Why is entrepreneurship considered a factor ofproduction? (2) Why is GDP considered a moreaccurate measure of a country’s economic health thanGNP?
- Are the policies that emerge from Congress consistent with the views and interests of a majority ofAmericans? In other words, is the Congress majoritarian or does it place too much power in the hands ofminorities in Congress? Answer this question with reference to at least four of the authors below:- Mayhew- Shepsle- Arnold- Diamond- O’RourkeWe are passing an uncertain time that can be very difficult for us to grasp. Many are assuming that this pandemic of COVID-19 might be here for a long time, couple of years at least. Businesses are facing an unprecedented challenge to survive. The impact of this pandemic will affect different industries differently and hence, they need to adapt accordingly. The post pandemic world can be very different from the one that we know. Consumers will adapt a different lifestyle and a conservative economic approach. The overall economic situation might continue to decline for a long time before it starts to pick up again. Even global leaders are not thinking any differently for businesses in 2020. “For people in business, 2020 is really just a year for staying alive. Don’t even talk about your dreams or plans. Just make sure you stay alive. If you can stay alive, then you would have made a profit already” – Jack Ma Even though restaurants are open aimed the persisting situation,…define each term. 1. Common goods 2. Civic Engagement 3. Democracy 4. Direct democracy 5. Elite theory 6. Government 7. Ideology 8. Intense preferences 9. Latent preferences 10. Majority rule 11. Minority rights 12. Monarchy 13. Oligarchy 14. Partisanship 15. Pluralist theory 16. Political power 17. Politics 18. Private goods 19. Public goods 20. Representative democracy or Republic 21. Socialism 22. Totalitarianism
