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Strategic Management Chap010

Strategic Management Chap010

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Published by rizz_inkays

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Published by: rizz_inkays on Jun 19, 2009
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01/05/2013

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10
Chapter Title
16/e PPT
Strategy,
 
Ethics, andSocialResponsibility
Screen graphics created by: Jana F. Kuzmicki, Ph.D.Troy University-Florida Region
 McGraw-Hill/IrwinCopyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved.
 
10-2
“There is one and only one socialresponsibility of business – to useits resources and engage inactivities designed to increase itsprofits so long as it stays withinthe rules of the game, which is tosay engages in free and opencompetition, without deception orfraud.”
Milton Friedman, Nobel Prize-winningeconomist
 
10-3
Chapter Roadmap
What Do We Mean by Business Ethics?
Where Do Ethical Standards Come From – AreThey Universal or Dependent on Local Norms andSituational Circumstances?
The Three Categories of Management Morality
Do Company Strategies Need to be Ethical?
Why Should Company Strategies Be Ethical?
Linking a Company’s Strategy to its EthicalPrinciples and Core Values
Strategy and Social Responsibility

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