According to Milton Friedman, Which of the Following Is a Position

question 3

Multiple Choice

According to Milton Friedman, which of the following is a position opposing the stakeholder model of corporate social responsibility?

• A) Organizations can act effectively as moral agents for all company shareholders.
• B) The time, money, and attention diverted to social causes undermine market efficiency.
• C) It is socially responsible for companies to divert their efforts to social causes.
• D) The marketplace will ultimately determine the importance of social causes.
• E) All of these positions are in accordance with the positions of Milton Friedman.

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Definitions:

Pride

A feeling of self-respect and personal worth, often associated with achieving something significant.

Happiness

A state of well-being and contentment, often associated with positive emotions and life satisfaction.

Sadness

A emotional state of feeling sorrowful, unhappy, or disappointed, often as a response to an unpleasant event or situation.

Concrete Goal

A specific, measurable, and clearly defined objective or target.