Business has only one social responsibility-to make profits, Ask an Expert

Economics

According to Milton Friedman, "Business has only one social responsibility-to make profits (as long as it stays within the legal and moral rules of the game establised by society). Few trends could so thoroughly undermine the very foundations of our society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible."

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9482061

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