Question: How would Friedman ( 1 9 7 0 ) think about a business contributing to social initiatives? Group of answer choices In serving as agents
How would Friedman think about a business contributing to social initiatives?
Group of answer choices
In serving as agents for shareholders, business executives should pursue spending on social initiatives that serve shareholders' interests.
If money is being spent on social initiatives, this means business executives are spending shareholders' money. Instead, shareholders should decide individually whether and how they would like to give to social initiatives.
Businesses spending on social initiatives is an effective capitalist approach to the social responsibility of business.
Shareholders should give to the social initiatives agreed upon by all shareholders. This way all business owners can agree on where and how profit is spent.
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