According to Milton Friedman,business Has No Social Responsibilities Other Than

question 51

True/False

According to Milton Friedman,business has no social responsibilities other than to maximize profits so long as it follows the rules of the game.

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Definitions:

Focusing

A technique of paying direct, particular attention to a single task or thought, often used to increase efficiency or mindfulness.

Opening

The act or opportunity of making something accessible, available, or starting a new venture or phase.

Theoretical Propositions

Statements or concepts proposed within a theory that can be tested by research or observations.

Remodeling

The process of making changes, improvements, or additions to something, especially buildings, to enhance functionality or appearance.