Who said that the "only one social responsibility of business is to increase profits" ?
Milton Friedman advocated the view that a business's social responsibility is to increase its profits. His argument places profit seeking within the rules of competition and…
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Who said that the "only one social responsibility of business is to increase profits" ?
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Correct answer B
Milton Friedman advocated the view that a business's social responsibility is to increase its profits. His argument places profit seeking within the rules of competition and the law, rather than treating profit as permission to ignore those rules.
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Gujarat SET (GSET)