What does Milton Friedman believe to be the sole responsibility of business?

Q. What does Milton Friedman believe to be the sole responsibility of business?

A.            The only social responsibility of business is to its shareholders

B.            Managers should act in ways that balance the interest of society and shareholders

C.            The primary responsibility organizations have is to its employees

D.            The primary responsibility organizations have is to its stakeholders

Answer: The only social responsibility of business is to its shareholders

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