Friedman believes that managers acting in the name of social responsibility are effectively taxing principals. True O False
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- Can an individual be ethical without using ethical principles described in the chapter? Explain.ETHICS The chapter showed a photograph of a traffic monitoring camera. Do you think the use of these cameras to issue speeding tickets is ethical? What types of behavior might cameras like these capture that would help automobile designers produce products that better match our needs as drivers?Explain the term Moral appeals?
- Q6. How important is it to achieving ethical standards in business?What unethical business practices were involved in the Wells Fargo incident? Give examples and demonstrate detailed ethical reasoning using ethical reasoning and relevant factual informationIdentify with examples the level of management responsible CSR. 300 words
- Question No.4a. What are the arguments for and against increasing the social responsibility of business?b. Describe and give an example of each of the six basic rights of consumers.a) what is the Ethical problem in this case? b) what are the moral values in this case? What went wrong? o 1973: Ford Pinto : Fuel System design During this collision involving two trucks, the drive shaft of one vehicle pulled out and struck the inboard fuel tank resulting in a puncture and a fuel-fed fire.3-10. What rights are included in the Consumer Bill of Rights?
- The case of Enron was evidence of as it relates to ethical issues.How would you justify ethical “no free lunch” rule? why "liability" and "due process" are such important ethical concepts.The Justice Department shut down three of the most popular online poker websites. State agencies take countless actions each year to stop illegal gaming operations. Do you believe that gambling by adults should be regulated? If so, which types? Rate the following types of gambling from most acceptable to least acceptable: Ball-Mart, a baseball card store, had a 1968 Nolan Ryan rookie card in almost perfect condition for sale. Any baseball collector would have known that the card was worth at least $1,000; the published monthly price guide listed its market value at $1,200. Bryan was a 12-year-old boy with a collection of over 40,000 baseball cards. When Bryan went to Ball-Mart, Kathleen, who knew nothing about cards, was filling in for the owner. The Ryan card was marked "1200", so Bryan asked Kathleen if this meant 12 dollars. She said yes and sold it to him for that amount. When Ball-Mart's owner realized the mix-up, he sued to rescind the contract. Who wins?