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Which One of the Following Statements Does Not Accurately Represent

Question 32

Multiple Choice

Which one of the following statements does not accurately represent Milton Friedman's view of the social responsibility of business?


A) Companies only exist to make a profit for their shareholders.
B) Directors' sole responsibility is to the shareholders.
C) As long as a profit is being made in any way whatsoever, nothing else is seen to matter.
D) Directors should ignore all other performance measures and indicators and report only financial data.

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