In 1970, Milton Friedman Published an Article Titled "The Social

question 16

Multiple Choice

In 1970, Milton Friedman published an article titled "The Social Responsibility of Business Is to Increase Its Profits," which raised ethical questions about how for-profit companies balance their need to make money with their responsibilities as corporate citizens. At the heart of the matter are competing loyalties. What are those competing loyalties?

• A) Loyalty to society and shareholders
• B) Loyalty to principles and ethics
• C) Loyalty to journalists and PR firms
• D) Loyalty to Congress and the Supreme Court

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Definitions:

Self-Acceptance

The recognition and acceptance of one's own strengths and weaknesses, leading to a positive self-concept.

In Vivo Desensitization

One key step in the behavioral treatment of a phobia in which the patient is gradually exposed to the phobic stimulus.

Systematic Desensitization

A therapeutic technique used to help individuals overcome phobias and anxiety by gradual exposure to the feared object or situation while teaching relaxation techniques.

Aversion Therapy

A psychological treatment method where undesirable behaviors are discouraged by associating them with unpleasant stimuli.