Objections to business ethics | Business & Finance homework help

 

Be sure to read chapter 1 from the Velasquez text and familiarize yourself with the Loyal Agents Argument. According to Velasquez (2018), The Law of Agency states, “The law of agency is that part of commercial law that specifies the duties of persons – ‘agents’ – who agree to act on behalf of another party – ‘the principle’.” (p 13) Read the Friedman article, “The Social Responsibility of Business is to Increase its Profits” (shareholder theory). Bearing in mind that it’s difficult to not judge yesterday’s actions by today’s standards, comment of the relevance of Friedman’s position.

Are there recent examples of the Law of Agency being used by company management to rationalize or justify their behavior and decision making in the marketplace? For example, the Wells Fargo customer account debacle.

Are the arguments ‘Profit benefits all’ or ‘If it is legal, it is ethical’ sufficient to support the objection to applying moral standards to business activities?

As a reminder, your response should be well crafted and consistent with college level writing. There is not a specific word count required, however your response should be substantive enough to provide a meaningful response.

ATTACHED YOU WILL FIND CHAPTER 1 AND FRIEDMAN ARTICLE







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10