Which One of the Following Is Not One of the Arguments

question 69

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.

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Definitions:

Disease

A disorder of structure or function in a human, animal, or plant, especially one that produces specific symptoms or affects a specific location and is not simply a direct result of physical injury.

Psychodynamic Therapy

A form of depth psychology, focusing on the unconscious mind and childhood experiences, and uses this framework to treat mental illness.

Rational-Emotive Therapy

A type of cognitive-behavioral therapy focusing on altering negative thought patterns to overcome emotional and behavioral issues.

Withdrawal Symptoms

Manifestations of physical or psychological nature that emerge when the consumption of a dependent substance is decreased or halted.