Economist Milton Friedman argues that management should
A) focus only on financial returns.
B) focus only on corporate social responsibility.
C) focus both on financial and social responsibilities.
D) add social costs only if the company is making a profit.

Question

Quizplus · Accepted Answer

Friedman believes that the primary responsibility of management is to maximize profits for shareholders. He argues that social responsibility should not be a priority for businesses and that they should focus solely on financial returns.

Economist Milton Friedman Argues That Management Should