Milton Friedman's view about the corporate social mission:

Question

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Milton Friedman believed that the social responsibility of corporations is to maximize profits for shareholders within the rules of the game, and that it is up to individuals to use their wealth for altruistic purposes. Therefore, option A correctly acknowledges that shareholders may choose to use their wealth for philanthropic causes, even though it is not the responsibility of the corporation. The other options are incorrect: option B makes an unsupported claim that shareholders are not rational, option C is the opposite of Friedman's view, and option D is too restrictive as his view applies to corporations in general, not just those in the U.S.

Milton Friedman's View About the Corporate Social Mission