Milton Friedman argues that
A) corporations today should adopt a broader view of their social responsibilities than they have in the past.
B) corporate officials have a social responsibility that goes beyond serving the interests of their stockholders.
C) strict governmental controls are necessary if society is to maximize its overall economic well-being.
D) a business has no social responsibilities other than to maximize profits.
Correct Answer:
Verified
Q1: The best statement to describe corporations is
A)
Q2: Kenneth Arrow argues that
A) settled economic life
Q3: Which of the following contributed to the
Q4: The narrow view of corporate social responsibility
Q6: One of the three important "limits to
Q7: Momentum for the corporate organization of business
Q8: Externalities are
A) always positive, never negative.
B) a
Q9: Corporations are limited-liability companies which means that
A)
Q10: The courts and the general public find
Q11: A common point of contention about corporations
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