Which of the Following Views Would Be Consistent with the Free

question 2

Multiple Choice

Which of the following views would be consistent with the free market ethics approach advocated by Milton Friedman?

• A)Outsourcing to other countries is wrong because it is detrimental to the overall US economy.
• B)When making decisions, corporate managers should consider the interests of all the corporation's stakeholders.
• C)The only social responsibility of business is to increase profits in a legal and ethical manner.
• D)Automating processes and replacing workers is unethical since it does not serve a greater good.

Acknowledge the historical and current efforts towards health-care reform in the U.S.

Comprehend the role of bioethics in addressing ethical issues within medical and scientific advancements.

Analyze the impact of social determinants like class, race, and gender on health and illness.

Understand the concepts and implications of health insurance reforms included in the 2010 Affordable Care Act.

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Definitions:

Common Share

A type of equity security that represents ownership in a corporation and entitles the holder to vote at shareholder meetings.

Organization Expenses

Costs associated with the formation and setup of a company, including legal fees, incorporation fees, and promotional expenses.

Common Stock

A type of security that represents ownership in a corporation, with voting rights and the potential for dividends.

Articles of Incorporation

A document filed with a government body to legally document the creation of a corporation; synonymous with Corporate Charter but varies by jurisdiction.