Which of the following would Milton Freedman consider to be the best way for businesses to benefit the community?
A) Donate generously to local community-building projects.
B) Act ethically in dealing with employees, environmental waste, and core mission.
C) Be as financially successful as possible while obeying laws.
D) Develop an internal culture that celebrates the employee, not the shareholder.

Question

Quizplus · Accepted Answer

Milton Friedman, a prominent economist, argued that the primary responsibility of a business is to its shareholders, and that by maximizing profits (while conforming to the laws), businesses do the most good for society. This is because successful businesses can lead to economic growth, job creation, and innovation.

Which of the Following Would Milton Freedman Consider to Be