The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. This includes the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. These acts were aimed at restricting the formation of cartels and monopolies to protect consumers and ensure competition. The article The Oligopoly Problem argued that oligopolies fall through the cracks of these regulations and leave consumers unprotected from harmful business practices where industries are highly concentrated. Read the article and respond to the following in your initial post: What are examples of firms in an oligopolistic market that abuse their power? Explain how they abuse their power and describe the impact on consumers. Do you agree with the author’s feelings about increased government oversight of such industries? Why or why not? website for article is http://www.newyorker.com/tech/elements/the-oligopoly-problem
June 21, 2017
Project 2
June 21, 2017

In 1970, Milton Friedman wrote an article titled “The Social Responsibility of Business is to Increase its Profits” that sparked a debate about corporate
responsibility that remains heated to this day. Read the Schwartz and Saiia article, “Should Firms Go ‘Beyond Profits’? Milton Friedman versus broad CSR1,” pages 1-10,
in order to gain a perspective on Mr. Friedman’s views on corporate responsibility.
In addition to the Schwartz and Saiia article, read Archie Carroll’s “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational
Both articles are attached
These articles will help you develop an understanding of their business and ethical principles. You are encouraged to conduct additional research about Friedman and
Carroll using outside sources.
Compare the theories of Freidman and Carroll, and create a PowerPoint presentation on your comparative study. Your PowerPoint presentation should include the following
 Slide 1: Title page
 Slide 2: Table of content or objective slide
 Slide 3: A summary of Milton Friedman’s main points
 Slide 4: A summary of Archie Carroll’s main points
 Slide 5: The principles you would like implemented at your current place of work (or where you wish to work in the future), and why you would include them
 Slides 6-7: Two detailed examples of organizations where Friedman’s theories are applied
 Slides 8-9: Two detailed examples of organizations where Carroll’s theories are applied
 Slide 10: Conclusion
 Slide 11: References in proper APA format
MBA 5101, Strategic Management and Business Policy 4
Please ensure that every slide has a title at the top explaining what the slide covers. Add citations in proper APA format, use applicable pictures or graphics (with
citations), use a slide template, and avoid wordy slides by focusing on bullet points. Remember, this is an academic presentation.