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Question
Which of the following arguments provided by Milton Friedman suggests that corporate social responsibility may be unethical?
A) Corporate social responsibility compels managers to spend money on some individuals that rightfully belongs to other individuals.
B) Corporate social responsibility is not mandated by law, which means that it has to be done by will, not by compulsion.
C) Empirical studies have not yet demonstrated a definitive relationship between corporate social responsibility and profitability.
D) Profitability and growth go hand-in-hand with responsible treatment of employees, customers, and the community.
E) Firms use corporate social responsibility to increase their brand awareness.
Answer
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Related questions
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Which of the following best describes an angel investor?
A) Families and friends of an entrepreneur are not angel investors.
B) Angel investors raise money and then use this money to make investments in new firms.
C) Angel investors make fewer investments than venture capitalists.
D) Angel investors focus on a small number of industries.
E) Angel investors provide the initial financing to start-up ventures.
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________ is the second step of the entrepreneurial process.
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What is planning? What are the advantages and potential disadvantages of planning?
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Management's evaluation of planners should ________.
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D) it reduces the volume of paper work in the organization
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Q:
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B) innovation
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What is consensus?
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