ADMS 1010 Final: ADMS1010 (1)assignment3

481 views2 pages

Document Summary

In the text, the social responsibility of business is to increase its profit , milton. Friedman argues that the social responsibility is a disadvantage of either the freedom of markets or profit of corporations. Friedman uses examples throughout the article to support this argument. Friedman asserted that members is the organization take social responsibility for corporations will harm the profit. He took a person"s assumption as an example. He described the worker as a selling manager, and to take social responsibility he pushed down the value which caused the loss of profit. In this example, friedman criticized that this worker stole the fund of corporations to improve social benefit and he also made an assumption in which he expanded this example to corporations in the market. He also demonstrated how all the corporations are forced to lose profit for so-called social benefits.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents

Related Questions