International Business Study Set 5
Quiz 5: Ethics,corporate Social Responsibility,and Sustainability
Explain the Friedman Doctrine
Explain the Friedman doctrine.Who developed the philosophy? How well does this approach hold up ethically?
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Discuss the cultural relativism approach to business ethics.What is the connection between this approach and the phrase "When in Rome do as the Romans"? How well does this approach hold up ethically?
Discuss the naive immoralist's approach to business ethics.What are the criticisms of this approach?
Discuss the utilitarian approach to business ethics.When was this approach developed? What are its drawbacks?
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