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Question
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.
Answer
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Related questions
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