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Which of the Following Statements Is True of Milton Friedman's

Question 42

Multiple Choice

Which of the following statements is true of Milton Friedman's view of the corporate world?


A) Friedman argues that it is not considered unethical for a corporation to just deliver the profits of the company to the society rather than delivering it to its investors.
B) Friedman's position illustrates that an organization has a social responsibility that goes beyond serving the interests of their stockholders.
C) Friedman's theory that a company no longer requires senior executives to be accountable to the board of directors has been a crucial turning point in the business world.
D) Friedman argues that, as an employee of the corporation, a manager has an ethical obligation to fulfill his role in delivering on the expectations of his employers.

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