Which of the Following Is an Application of Milton Friedman's

question 45

Multiple Choice

Which of the following is an application of Milton Friedman's ideas?

• A)A large, multinational corporation tries to ensure that workers throughout the supply chain earn a living wage.
• B)A small business makes maximizing profits its top priority.
• C)A firm decides to implement a recycling program to benefit the environment.
• D)A medium business encourages its employees to volunteer in the community.

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Definitions:

Vocational Personalities

The different personality types that are thought to be better suited for certain professions or occupational environments.

Holland's

Pertains to John Holland's theory of career choice, suggesting people's job satisfaction and career success are highest when their work environments match their personality types.

Work Environments

Refers to the setting, conditions, and culture in which an individual performs their job.

Expected Outcomes

Anticipated results or consequences of an action or decision, often based on previous experiences or statistical forecasts.