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Find Three Flaws in Friedman's Argument That the Only Social

question 72

Essay

Find three flaws in Friedman's argument that the only social responsibility of a business is to increase its profits.

Understand the concept of self-concept and how it shapes individual identity.
Comprehend the principles of radical behaviourism and its stance on learned behaviour.
Grasp the key components of social identity and its basis on perceived similarities and differences.
Recognize the impact of observation and imitation in learning processes according to Albert Bandura's studies.

Definitions:

Worker Rights

The entitlements and protections afforded to employees, including fair wages, safe working conditions, and freedom from discrimination.

Representation Gap

The discrepancy or disconnect between the interests and needs of workers and the extent to which they are represented or addressed within the workplace or through collective bargaining.

National Labor Relations Act

A foundational U.S. law enacted in 1935 that protects the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

Global Marketplace

An integrated and interdependent worldwide economic trading environment in which goods, services, people, skills, and ideas move freely across national borders.

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