Preview

Organizational vs. Social

Good Essays
Open Document
Open Document
1047 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Organizational vs. Social
Organizational vs. Social Responsibilities

As an individual with no real organizational responsibilities it can be difficult for me to draw conclusions and make arguments based on the thoughts and ideas concerning divided loyalties to an individuals social realm and to ones business realm. That being said, insight on the topic can be found in a thorough understanding of reading materials and in-class lectures. Milton Freidman provides vital information with regards to his theoretical analysis of a business as it pertains to responsibilities of the individual (employee). With specific emphasis on the word theoretical, as opposed to empirical, employees of a firm have an organizational responsibility to uphold goals and objectives of a business, including doing whatever is necessary within legal boundaries to make a profit.

In the case of conflicting responsibilities, I am arguing that an individual has a higher responsibility to the organization as opposed to social standards of living such as his conscious, his country or even his family. These responsibilities are assumed voluntarily, in a sense that they are acted upon not as agents but as moral principles. Let us use an example to further improve our understanding of that fact. If it is in the best interest of a company to export its shoe factory to a country that will perform the same duties as it otherwise would domestically for half the cost, then the social responsibility a person has to his or her country takes a back seat to the goals of the business most notably, its main objective to maximize profits. If social responsibilities can be acted upon using an individual’s discretion then according to Friedman, organizational responsibilities operate on a hierarchy of importance.

Friedman states in the textbook that an employee has a direct responsibility to his employer. That responsibility is to carry out business in accordance with ambitions and aspirations of the firm, in the best interest for



Bibliography: 1. Friedman, Milton (2008). The Social Responsibility of Business is to Increase its Profits. Upper Saddle River, New Jersey: Pearson. 2. Paine, Lynn Sharp (2008). Managing for Organizational Integrity. Upper Saddle River, New Jersey: Pearson. 3. (February 9, 2009). Supplying the BBC. Retrieved February 20, 2009, from Corporate Social Responsibility Web site: http://www.bbc.co.uk/supplying/responsibility.shtml -------------------------------------------- [ 1 ]. Friedman, Milton (2008). The Social Responsibility of Business is to Increase its Profits. Upper Saddle River, New Jersey: Pearson.

You May Also Find These Documents Helpful

  • Best Essays

    Rock of Ages Case Study

    • 3726 Words
    • 15 Pages

    Friedman, Milton. (1970). The Social Responsibility of Business is to Increase Its Profits. New York Times. September 13.…

    • 3726 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    The social responsibility of business is to increase its profits.” New York Times Magazine, September 13: 32-33)…

    • 2712 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Dentex Case

    • 2959 Words
    • 10 Pages

    Petrenko. A. Employee responsibility [Power Point Slides]. Retrieved from Lecture Notes Online Web site: https://moodle.yorku.ca/moodle/course/view.php?id=39261…

    • 2959 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Friedman criticizes business managers who engage in socially responsible behavior by using the argument that there is a different set of criteria for social responsible behavior of a person, who happens to be a corporate executive (businessman) versus that same person acting as an individual in a free-society. A business manager’s main responsibility is to maximize the profit of the corporation. When that person combines those roles and directs a corporation to take on a social responsible cause, because it would either increase cost or decrease revenue, it would be equivalent to a tax on the customers, shareholders and employees without their consent and in some cases, knowledge.…

    • 644 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    guide reading

    • 403 Words
    • 2 Pages

    Friedman argues that the objective of a corporation is to maximize the profits within the guidelines of the law in the free and open society. If the corporate executive has a “social responsibility”, which means his is to act that is not in the interest of his employers.…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Thirty-five years ago, Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits." Friedman had no patience for capitalists who claimed that "business is not concerned 'merely' with profit but also with promoting desirable 'social' ends; that business has a 'social conscience' and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers." Friedman wrote that such people are "preaching pure and unadulterated socialism. Businessmen who talk this way are unwitting puppets of the intellectual forces that have been undermining the basis of a free society these past decades."…

    • 2335 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    What do you think about the social responsibility of businesses? Do you think they have certain social requirements or should the main objective of a business be to make money? This is a very in-depth and valid question in which both Milton Friedman and Robert Almeder have strong opinions. Although their opinions are polar opposite they have valid arguments. The objective is to analyze both opinions from their perspective point of views based on the examples given in the text. A mixture of both positions would provide a common ground for all people involved.…

    • 1122 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Friedman argues that "only people can have responsibilities" but that "businesses as a whole” cannot, as they are not persons. Since the corporate executive is an employee of the shareholders, and therefore only “responsible to his employers.” The corporate executive has primary responsibility to his employers to conduct business as they see fit, and manage the business to create the most profit while following the “basic rules of the society”. It is then seen that the corporate executive is acting as a “public employee,” while serving shareholders and should be directed by those shareholders how to spend their money.…

    • 1188 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Business Ethics 101 Week 1

    • 4442 Words
    • 18 Pages

    • ‘The one and only social responsibility of business is to make profits’ (the economics guru Milton Friedman)…

    • 4442 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    The theory of vital responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit.…

    • 1929 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Social Responsibility is the new buzz word in the world of business. “It’s no longer a question of if companies should engage in [corporate social responsibility]. It’s now a question of to what extent will they do so […], “says Alison DaSilva, executive vice president for research and insights at Cone Communications (Brooks). The question, however, is not whether or not companies should be socially responsible, but how is that society defined and how is that social responsibly determined. In their debate on social responsibly of business, John Macke and T.J. Rodgers are not in disagreement about the implementation of the concept.…

    • 635 Words
    • 3 Pages
    Good Essays
  • Better Essays

    After reading these articles, I conclude that the social responsibility of a business is to make a profit. Both Friedman and Mackey were arguing the same thing, just painting the picture in different ways. Like the Rorschach inkblot test, they were both describing the same subject, with the same interpretations using different delivery methods. Unfortunately capitalism runs the world. Fact is, our society is built off greed and the true Social Responsibility of any and all businesses is to do the bare minimum to lure in enough consumers to be able to make a profit and grow.…

    • 1294 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Busin

    • 2022 Words
    • 9 Pages

    Friedman, M. (1970, September 13). The social responsibility of business to increase its profits. New York Times, New York , N.Y. 32-33, 122-124, 126. http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html…

    • 2022 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Socioeconomic Status

    • 2132 Words
    • 9 Pages

    Do to the circumstances of a person’s birth, their socioeconomic status of the family that they are born into can make them a victim of unfair treatment in life. Gender inequality is an innate characteristic of women. Women are the largest minority in America and they are of the female gender. Gender is the meaning of being a male or female in a society. Gender role refers to the attitude and behavior that is used when referring to male or females. Female gender has always been considered inferior to men. The attitude has always been that males were superior to females in their abilities, because they have strength, they are smarter and they have the ability to provide a better life. It is the belief that women take care of the home and children and the men go to work and earn the money. According to Sigmund Freud, he summed up in his famous idea the “anatomy is destiny”, which stated that females felt short changed because they do not have a penis. He concluded, that woman need to fulfill this envy by giving birth to a child. (pg. 190) Perpetuating gender inequality through values refers to jobs are automatically assumed to be gender specific. Fireman and Policeman are men only. Engineers, architects, project managers, doctors, etc., are thought of as male orientated. However, women do very well in these areas. The value placed that men can do a better job is also considered a social attitude. The ideologies that have been set by society, even though it has been shown that male and female have equal capacity…

    • 2132 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Comm Reflective Essay

    • 2354 Words
    • 10 Pages

    6. Lewis, The Social Responsibility of Business is to Increase Profits (2010) <http://www.mbs.edu/go/centres-of-excellence/2010-debate/asia-pacific-centre-for-leadership-for-social-impact/news-and-links/net-impact/the-social-responsibility-of-business-is-to-increase-profits> viewed 20 September 2012…

    • 2354 Words
    • 10 Pages
    Better Essays