In 1970, Milton Friedman wrote an article titled “The Social Responsibility of Business is to Increase its Profits” that sparked a debate about corporate responsibility that remains heated to this day. Read the Schwartz and Saiia article, “Should Firms Go ‘Beyond Profits’? Milton Friedman versus broad CSR1,” pages 1-10, in order to gain a perspective on Mr. Friedman’s views on corporate responsibility. In addition to the Schwartz and Saiia article, read Archie Carroll’s “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders.”
Compare the theories of Freidman and Carroll, and create a PowerPoint presentation on your comparative study. Your PowerPoint presentation should include the following elements:
Slide 1: Title page
Slide 2: Table of content or objective slide
Slide 3: A summary of Milton Friedman’s main points
Slide 4: A summary of Archie Carroll’s main points
Slide 5: The principles you would like implemented at your current place of work (or where you wish to work in the future), and why you would include them
Slides 6-7: Two detailed examples of organizations where Friedman’s theories are applied
Slides 8-9: Two detailed examples of organizations where Carroll’s theories are applied
Slide 10: Conclusion
