Given the limited information in this scenario, do you think a database
or a spreadsheet is a better solution?
Milton Friedman, world-renowned
economist at the University of Chicago, stated
that corporate executives have a responsibility
to make as much money as possible as long as
they don’t violate rules embodied in law and in
ethical custom.5
a. Do you agree with his statement? Why or
why not?
b. Friedman defined ethical custom narrowly to
mean no fraud or deception. Using his definition,
has Alliance acted ethically?
c. Define, using your own words, ethical custom.
d. Using your definition of ethical custom, has
Alliance acted ethically?