Demonstrate a sound understanding of viewpoint

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Reference no: EM13228972

Students are to demonstrate a sound understanding of the three viewpoints on corporate responsibility: the classical economic view (exemplified by Milton Friedman), the socio-economic view (the duty to prevent harm within the Kew Garden Principles) and the broad social view (the duty to contribute to society within the KGP). Students should also demonstrate knowledge of the literature on corporate responsibility (including the required readings for this topic shown in the Companion) and its application to business practice.

Read the case study, The Tobacco Companies and Product Safety (see below or page 304 of the textbook). What do the three viewpoints of corporate responsibility imply with respect to the ethical obligations of the tobacco companies and the extent to which they met these obligations?

Reference no: EM13228972

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