What did Milton Friedman argue in his seminal 1970 article published in The Wall Street Journal?
A) Profit,although important,should not be the primary focus of firms.
B) Firms have a duty to pay their employees a living wage.
C) Profit,as a result of the actions of the firm,is an end in itself.
D) Firms do not provide value to society unless they are acting in a socially responsible manner.
Correct Answer:
Verified
Q1: Milton Friedman argued for which of the
Q4: What did Charles Handy argue in his
Q12: Today, stakeholders outside the firm have greater
Q13: Which of the following is an example
Q15: Which of the following are NOT an
Q16: Thomas Friedman wrote that we are in
Q20: Which publication published Milton Friedman's article "The
Q27: 60 Minutes exposed the mislabeling of products
Q29: The United Nations' Principles of Responsible Management
Q38: An unchecked, unbridled pursuit of economic value,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents