_____ explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business.

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The Friedman doctrine, named after economist Milton Friedman, states that the only social responsibility of businesses is to increase profits within the bounds of the law and ethical standards. It rejects the idea that businesses should engage in social spending beyond what is required for the efficient running of the business.

_____ Explicitly Rejects the Idea That Businesses Should Undertake Social