BEWK4

Discussion 75-150 words

Read:

               •Rethinking the Social Responsibility of Business:  A Reason to Debate Featuring Milton                Friedman, Whole Food’s John Mackey, and Cypress Semicondutor’s T. J. Rodgers. Pages 239-       248.

Discuss the concept that corporations add far more to society by maximizing “long-term shareholder value” than they do by donating time and money to charity.

How important is this concept to business, society, and to you?  Which position do you believe is more accurate…Rodgers or Mackey?

Assignment

Please watch:

•http://www.youtube.com/watch?v=fwDhx1XkXX0

Critical Thinking skill:

Write a 750 word summary of the lecture.

Answer the following questions:

1.What ethical considerations were discussed in the video.

2.Are the questions posed in this video still relevant today in light of the current business environment?

3.How can this lecture help you to become a better business person provide two good examples on how this lecture material could change the way you do business