Milton Friedman (1970) is opposed to the idea of social responsibilities of businesses. He makes the central claim that if there is a social responsibility of businesses it is to increase their profits. According to him, a business is nothing more than a group of workers/employees working for employers. Therefore, individual employers can donate to social causes. If the business (through its management) spends money for social causes, it is imposing costs on employees. Further, it is illegal to impose taxes on people. Only, the legislature has the jurisdiction to impose taxes. Moreover, the corporate executives are not competent ...
Essays on Wight
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Marital Satisfaction and Work-Family Conflict
The purpose of this paper is to present a proposal for a study on the topic of marital satisfaction and work-family balance. The paper presents the proposal under the subsections objective, subjects for the study, ethical considerations, measurement, data collection methods, and data analysis. 1. Objective The concept of work-family balance refers to the assessment of the whether or not family and work resources are sufficient to satisfy both work and family demands (Voydanoff, 2005). Family and work are central social institutions in an individual’s life and both absorb considerable amounts of an individual’s time. Balancing the ...
The descriptions of the period of the Great Depression provided by Angie Wight and William Wight help to understand the conditions which were typical for workers at the time of the Depression. First, people did not have too much food to eat at the time of the Depression, and numerous people used to be hungry at times; to receive certain food, people had to stand in lines for hours. Second, there was a serious shortage of appropriate clothing; people had to wear ragged clothing and go with holes in the shoes. Third, there was a severe shortage of money; ...
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Sources of the problem facing Wight Despite Wright comprehend and being clear on his mandate as the Clearwater Seafood’s Chief Financial Officer (CFO) he had faced several challenges. As CFO, he was required to determine the best way to incorporate company’s foreign exchange risk management program into the overall growth strategy of the firm. The company has been benefiting from a weak Canadian dollar. However, strengthening of the Canadian dollar has become a source of the problem that Wight is facing. According to the article, as the Canadian dollar falls, the company’s foreign exchange risk management ...
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