True or False? In 2019, the Business Roundtable released a statement that disavowed the concept of shareholder primacy and stated that executives should consider the interests of all affected stakeholders when making important business decisions. O True. O False. Question 3 5 pts According to Milton Friedman, which of the following actions by a corporation's CEO would violate her responsibilities to the company's shareholders? Refraining from increasing the price of a product, even though the market would bear it, to contribute to the social objective of containing inflation. O Committing the company to hiring long-term unemployed persons, in lieu of more qualified candidates, to contribute to the social objective of reducing poverty. O Both of the above. O Neither of the above. Question 4 5 pts According to James Bresseau's "Three Theories of Corporate Social Responsibility," corporate social responsibility (CSR) theory differs from shareholder value theory in which of the following ways? O CSR holds that a corporation should comply not only with the letter of the laws, but also with their "spirit" (i.e., their broader objectives). O CSR holds that corporations have ethical responsibilities that extend beyond their financial and legal responsibilities. O While CSR holds that corporate decisionmakers have an ethical obligation to pursue profitability, it does not necessary require maximization of profits. O All of the above