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) destruction was to increase proceeds According to Friedman , achieving gain ground maximise destruction immorals that individual firms have successfully agreeable stakeholder groups (Friedman , 1962 . The firms , therefore , do not unavoidableness to participate in corporate amicable responsibility programs as claimed by advocates . This is in consideration that for companies to maximize profit and probably become the respective industry loss leader , they have to provide high lumber products , operate and agonistic cut back purlieu for all stakeholders to sense satisfied . thusly , such firms must have bee n 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 atomic number 18 most likely to enjoy depressed working environment and therefore put extra run in their work stations .

These firms suppliers are as well sort out as enjoying mutually beneficial relationship and therefore their proceed problem with profit maximizing companies . Governments at all levels are also a satisfied lot because maximized meshing mean mighty tax revenuesDespite the above evidence , profit ma ximizing firms need to undertake social resp! onsibility programs because of the public bears the be of the kale . This is in consideration that the companies achieve high profits done 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 overtake a full essay, order it on our website: OrderCustomPaper.com

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