Running Head : LEADERSHIP AND TEAM BUILDING, NameInstitution : Summary and My ViewsEconomist Milton Friedman , who win the 1976 Nobel Prize in Economics was correct to assert that companies master(prenominal) aspiration was to maximise proceeds According to Friedman , achieving utility maximise purpose immorals that individual firms have successfully agreeable stakeholder groups (Friedman , 1962 . The firms , therefore , do not study to participate in corporate hearty responsibility programs as claimed by advocates . This is in consideration that for companies to maximize profit and probably become the respective industry attracter , they have to provide high lumber products , go and war-ridden study purlieu for all stakeholders to sense satisfied . indeed , such firms must have been around efficient in meetin g consumer needs by providing high quality products and services which resulted to competitors products being ignored . Secondly employees of profit increase firms argon most likely to enjoy depressed working environment and therefore put extra run in their work stations .

These firms suppliers are too sort out as enjoying mutually beneficial relationship and therefore their proceed origin with profit maximizing companies . Governments at all levels are also a satisfied lot because maximized meshing mean by rights tax revenuesDespite the above evidence , profit maximizing firms need to undertake social responsibilit y programs because of the public bears the ! be of the moolah . This is in consideration that the companies achieve high profits done aggressive means that leave members of the society worse-off . For event , suppliers of profit maximizing firms are sometimes forced to...If you fatality to she-bop a full essay, order it on our website:
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