1. Role of business in society
Businesses do not serve the same goals as other organisations in a pluralistic society; they are distinct because their sole focus is on economic behaviour. 2. ... John Boatright points out that, "In the classical view, corporations should engage in purely economic activity and be judged in purely economic terms. ... Even government agencies involved in promoting economic growth would be rejected if we accept Friedman's arguments. ... The old "classic" contract between business and society represented the view that "economic growth was the source of all progress, social as well as eco...
- Word Count: 2501
- Approx Pages: 10
- Grade Level: Undergraduate