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According to Friedman, Why Are Activities of Charitable Firms Not

Question 11

Multiple Choice

According to Friedman, why are activities of charitable firms not considered to be socially responsible?


A) Stockholders cannot make decisions about disposal of funds.
B) Charitable activities do not ensure that companies have high profit margins.
C) Business executives are not able to allocate resources.
D) Stockholders become disadvantaged.

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