Archive for the 'business ethics' Category

« The Social responsibility of business is to increase its profits » Milton Friedman, Reading notes

Businessmen who talk about “social conscience”, environment, discrimination are just “unwitting puppets”.
Business is not an entity in itself whereas a person or a company that’s why we can’t talk about the responsibility of a business.
Social responsibilities are on the individual level not on the business level.
“[…]The businessman—self-selected or appointed directly or indirectly by stockholders—is […]

Milton Friedman’s Biography

As it hought that it couldn’t hurt to refresh our memories on Milton Friedman i’ve found a great article on wikipedia about him:

Extracted from Wikipedia:
Milton Friedman (born July 31, 1912) is an American economist, known for his work on macroeconomics, microeconomics, economic history, statistics, and for his advocacy of laissez-faire capitalism. In Capitalism and Freedom […]

Business ethics, business case 2, mind map.

This is the mind map of the business case number 2, it’s entitled “Ethics without the sermon” written by Laura L. Nash inside Harvard Business Review on Corporate Ethics.
This case is very insteresting as it also contains a list of 12 questions that may be used to elaborate a simple yet effective way to evaluate […]

Business ethics, business case 1, mind map.

As i’ve just received today the book “Harvard Business review on corporate ethics” i’ve decided to create mind maps of each case.
I want to do this in order to help me to remind each of the core concepts of each case.
Therefore i’m going to post here my mind maps.