
Arnold is a firm believer in Milton Friedman's view of a firm's social obligations. With which of the following statements is Arnold most likely to agree?
A) Businesses can use their resources to create profit as long as they do so within the rules of the game.
B) Firms must go beyond their economic responsibility and act in socially responsible ways.
C) Firms should define value creation broadly in terms of environmental impact.
D) Businesses should engage in open and free competition without deception or fraud, only as long as their competitors do so.
Correct Answer:
Verified
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