Freeman Example

Freeman Example Freeman – Case Study Example Freeman Case-Study The market theory of capitalism, suggested by Milton Friedman majorly presents an opportunity for private ownership of resources. It refers to a state where new owners and firms are at liberty to inject additional funds in the economy with the intended purpose of actualizing new ideas. This theory has often been celebrated as it provides freedom and dynamism for investors because they have the independence to make their own decisions regarding the projects they are to support. Similarly, the theory has been credited because it supports innovation within the economy (Hill et.al 158). The market theory of capitalism on the other hand has been criticized on the basis that it comes with a lot of instability. The instability is in regard to the event that capitalism, if not properly handled can bring about a financial crisis, resulting in job insecurity and slump in the economy. In like manner, the theory has received disapproval for its tendency to favor the wealthy, w hile bringing continuous suffering to the financially disadvantaged within the society. The stakeholder’s framework of business takes into consideration the fact that stakeholders play a very critical role in the success of any project and the administration of any organization. In this regard, it is of great significance for a business to first identify its stakeholders as well as their key interests or issues that they want sorted. Similarly, a business should assess its prevailing status and the roles that are to be played by each of the stakeholders. Adam Smith’s free market economic theory brings in a new perspective, arguing that a market with several buyers and sellers will ensure that resources are not wastefully allocated. Similarly, it recognizes that for the earnings of one party to increase, then the other party must have a reduction in earnings. Works-CitedHill, Ronald P, and Ryan Langan. Handbook of Research on Marketing and Corporate Social Responsi bility. , 2014. Internet resource.

Pope Gregory VI - The Pope Who Bought the Papacy

Pope Gregory VI - The Pope Who Bought the Papacy Pope Gregory VI was also known as: Giovanni Graziano (his birth name); also John of Gratian (the Anglicized version.) Pope Gregory VI was known for: Buying the papacy. Giovanni paid his predecessor, Pope Benedict IX, what is sometimes considered a pension; when Benedict left, Giovanni was recognized as Pope Gregory VI by the cardinals. Gregory is also known for being one of the few popes in history to resign. Occupations: Pope Places of Residence and Influence: Italy Important Dates: Begins papacy: May, 1045Resigned: Dec. 20, 1046Died: At an unknown date in 1047 or 1048 About Pope Gregory VI: When Giovanni Graziano paid his godson a pension to convince him to resign, most scholars agree he did so out of an honest desire to rid the papacy of the dissolute Pope Benedict IX. Unfortunately, as Pope Gregory VI, he achieved little in Rome before Benedict and the antipope Sylvester III returned. The chaos that resulted as each man represented himself as the true pope was too much, and King Henry III of Germany rode south to settle the matter. At a council at Sutri, Italy, Benedict and Sylvester were deposed, and Gregory was convinced to resign the office because his payment to Benedict could be viewed as simony. He left Italy for Germany, where he died not long after. For more about the life and pontificate of Gregory VI, see his Concise Biography. Pope Gregory VI Resources: Concise Biography of Gregory VIPopes Who Resigned Pope Gregory VI on the Web Catholic Encyclopedia: Pope Gregory VIConcise look at Gregory by Horace Mann. Pope Gregory VI in Print The links below will take you to a site where you can compare prices at booksellers across the web. More in-depth info about the book may be found by clicking on to the books page at one of the online merchants. by Richard P. McBrien by P. G. Maxwell-Stuart The PapacyChronological List of PopesMedieval ItalyWhos Who Directories: Chronological Index Geographical Index Index by Profession, Achievement, or Role in Society