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Answer the following questions using at least 200 words per answer. For Each answer there must be a reputable source refrenced and cited. 1. Discuss the difference between "fairness" and "justice"?...

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Answer the following questions using at least 200 words per answer. For Each answer there must be a reputable source refrenced and cited.

1. Discuss the difference between "fairness" and "justice"? Should stakeholders be treated "fairly" or "justly"? Discuss.
2. Research Milton Friedman's view of corporate social responsibility. Should corporations adopt an "integrity-based ethics" or "compliance-based ethics" when dealing with stakeholders? Discuss your response.
Cite and reference at least two reputable sources

Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
133 Votes
ANSWER TO Q1
Justice and fairness refer to diverse conceptions. Justice is concerning the state philanthropic to
people their owing, whereas fairness is concerning people’s situation in society being established
y aspects within their command. Fairness is not apposite as a code of justice since, it is
impracticable to have dissimilarities of upshot established by features within people’s command
and consensus are unsuccessful to endow with enticements for the exceptional to employ their
proficiencies to assist every one. The conceptions of justice and fairness thoughts formulate
justice intrinsically more imperative as of its associates with ethical commitment.
All stakeholders ought to be treated fairly since all stakeholders have a right to partake in
corporate resolutions that impinge on them; managers have a fiduciary responsibility to serve up
the well-being of every stakeholder groups and the purpose of the firm ought to be the
endorsement of all well-being and not those of shareholders unaccompanied. Stakeholder
management, act as a funnel for managers relatively than an outline of...
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