Assignment:
Learning Activity 1
Do you agree with Friedman's theory that the social responsibility of business is to increase profits? Why or Why not?
Learning Activity 2
• To Lie or Not to Lie
Assume you have frequently been late to work in the past several months, not for a specific reason except that you overslept several times, are often disorganized about getting your children to the school bus in the mornings, and about getting yourself ready for work. Your manager asked to meet tomorrow to discuss your tardiness. You are concerned you will be fired.
You know your manager was empathetic and helpful to a co-worker who was late to work several times because of complications with the family's daycare center and school arrangements for their children. You are considering lying to your manager about the reason(s) for your tardiness.
How would you respond to your manager and why? What ethical theory could apply to guide your decision?
Readings:
The Social Responsibility of Business is to Increase its Pro?ts
by Milton Friedman