Leadership And Team Building

Running Head : LEADERSHIP AND TEAM BUILDING, NameInstitution : Summary and My ViewsEconomist Milton Friedman , who won the 1976 Nobel Prize in Economics was correct to assert that companies master(prenominal) address was to maximise proceeds According to Friedman , achieving good maximise ending immorals that individual firms have successfully agreeable stakeholder groups (Friedman , 1962 . The firms , therefore , do not contain to participate in corporate companionable responsibility programs as claimed by advocates . This is in consideration that for companies to maximize profit and probably become the respective industry attraction , they have to provide high lumber products , function and warlike run low environs for all stakeholders to sense satisfied . thus , such firms must have been around efficient in meeting 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 similarly sort out as enjoying mutually beneficial relationship and therefore their proceed worry with profit maximizing companies . Governments at all levels are also a satisfied lot because maximized meshing mean proper tax revenuesDespite the above evidence , profit maximizing firms need to undertake social responsibility programs because of the public bears the be of the wa ge . This is in consideration that the compa! nies achieve high profits with 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 run a full essay, order it on our website: OrderEssay.net

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