Multiple Choice

$3$ points

In his September $13,1970$ article printed in the New York Times, Milton Friedman argued that there is one and only one social responsibility of business$-$

$q,"$

$$ to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.

to take seriously the needs and wants of all stakeholders when determining how to use its resources and engage in business activities.

to maximize shareholder value regarding of the risks involved.

to be a good corporate citizen and take into account relevant public policies when making corporate decisions, even if it results in reduced long$-$term profits.