Milton Friedman Argued That the Social Responsibility of Business Is

question 53

Multiple Choice

Milton Friedman argued that the social responsibility of business is to ________

• A) reduce the trust gap between global companies and NGOs
• B) identify duties based on conceptions of well-being, rights, and justice
• C) minimize shareholder value
• D) maximize profits

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Definitions:

Resources

Assets, materials, and other supplies available to an individual or organization for achieving specific goals.

Time

A continuous sequence of events or the measurement thereof, which is a fundamental concept in physics, perception, and many aspects of human life.

Computerized Short-Term Scheduling

The use of computer software to plan and schedule production tasks on a short-term basis to improve efficiency and resource allocation.

Interactive Computing

Computing systems designed for a two-way interaction between the user and the computer, allowing for real-time communication and feedback.