The Business Ethics Emphasis: A Misallocation Of Resources

Essay specific features

 

Issue:

Business

 

Written by:

Jackie M

 

Date added:

December 25, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2142

 

Was viewed:

2853 times

 

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Essay content:

I agree with Dr. Friedman wholeheartedly and for the most part, support the notion that “Companies should not spend time and money on business ethics.” What is a corporation? According to Webster’s, a corporation is “a body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession...
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Because economic dealings can usually be simplified into increasing, maintaining a certain amount of, or losing money, we can assume that anyone connected with economic and commercial dealings would prefer to above all else make money, assuming true the concept of rational self interest. Simply, nobody in business gets into business to lose money or to maintain the same amount...
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