The business of business is business is a quote most representing the free market approach to a firm s purpose.

Question

Quizplus · Accepted Answer

The quote "the business of business is business" is often associated with the free market approach which emphasizes the primary goal of a firm is to maximize profits and shareholder value. The quote "The business of business is business" is often associated with Milton Friedman and represents a view that a firm's sole purpose should be to maximize profits for its shareholders. This aligns with the free market approach to business.

The Business of Business Is Business Is a Quote Most