Question

Which of the following statements is true from Friedmans perspective?

a) The economic justification for Friedmans position is based on the premise that social causes cannot be served by firms, and citizens can never obtain complete satisfaction from corporate giving.

b) Citizens cannot obtain satisfaction from their personal giving.

c) The economic justification for Friedmans position is based on an environment in which citizens can both invest their funds in the capital markets and make personal gifts to social causes.

d) Friedmans objection is to CSR that is anticipated since the shareholders bear the cost.

Answer

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