Which of the following is true of the difference between the Business Roundtable's view and Friedman's theory with regard to the conceptions of social responsibility?

Question

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The Business Roundtable's statement on social responsibility does not clearly identify the objective of a corporation, whereas Friedman's theory emphasizes that the objective of a corporation is to maximize profits for shareholders. The other choices are incorrect: A is false as Friedman's theory does not identify constituencies, but rather argues that the only social responsibility of a corporation is to increase profits for shareholders; B is incorrect as Friedman views shareholders solely as owners of the corporation; C is false as Friedman's theory argues that the principals in a corporation are shareholders.

Which of the Following Is True of the Difference Between