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Friedman equates the doctrine of social responsibility with what \"fundamentally

ID: 459639 • Letter: F

Question

Friedman equates the doctrine of social responsibility with what "fundamentally subversive doctrine"? Under Friedman's view of stockholder management, it would be an illegitimate use of corporate assets if a manager donated some of a firm's income to charity. True False According to Friedman, corporate executives spending corporate funds to aid in some social responsibility, beyond what is required to maintain profits, is like doing what? taxes Who is most often associated with the classical U.S. view that a corporation's primary purpose is to maximize profits for stockholders? Edward Freeman Milton Friedman John David Hume

Explanation / Answer

Ans;

1.capitalism

2. true

3.gambling with company mony

4.milton friedman

5.true

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