1. What is meant by the idea of “managing for stakeholders?” According to Milton Freeman, the stakeholder model is not only more consistent with actual business practices, but also more consistent with ethics. Explain his four arguments for the latter claim. Is he right? Why or why not?
2. Consider Joseph Heath and Wayne Norman’s concerns for stakeholder theory. What sorts of problems or concerns does a normative account of managing for stakeholders raise? How might a proponent of stakeholder theory respond to these concerns?