Under the theory of Milton Friedman, should a corporation donate money to charitable organizations?
A) Yes. They should always balance the needs of helping society with the need to make money for the stakeholder.
B) Yes. He believed, "First do no harm" which means that the role of the corporation is to help others before helping the corporation.
C) No. While individual people are free to give money to charitable organizations, corporations have an ethical duty to shareholders to make as much money as possible.
D) No, unless after a full background check to ensure that the charitable organization is legitimate.
Correct Answer:
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