Which One of the Following Is NOT One of the Arguments

question 2

Multiple Choice

Which one of the following is NOT one of the arguments against social responsibility as used by economist Milton Friedman?

• A) Spending money for social responsibility is spending the stockholder's money for a general social
• Interest.
• B) Businesses can actually do very little in terms of social responsibility.
• C) Spending money on social responsibility is acting from motives other than economic and may, in the long run, cause harm to the very society the firm is trying to help.
• D) There is one and only one social responsibility of business -- to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.
• E) Through taking on the burden of social costs, the organization becomes less efficient causing price increases or postponement of growth.