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Vijay Is a Firm Believer in Milton Friedman's View of a Firm's

Question 15

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Vijay is a firm believer in Milton Friedman's view of a firm's social obligations.With which of the following statements is Vijay 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 should not go beyond their economic responsibility to increase profits.
C) Firms should define value creation more narrowly in terms of financial performance.
D) Businesses should engage in open and free competition without deception or fraud, only as long as their competitors do so.

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