1. What are the arguments for and against "managerial capitalism" and the "variety of stakeholders" idea? 2. Consider the following statement: "Businesses should not give money to charity because (a)...

1. What are the arguments for and against "managerial capitalism" and the "variety of stakeholders" idea?

2. Consider the following statement: "Businesses should not give money to charity because (a) business executives do not have any training that would help them decide which charities to give money to, (b) businesses are biased in their decisions about which charities to give money to, and (c) business managers don't have any right to give away shareholders' money." Do you agree or disagree with the statement? Explain your reasoning.