1. (a) According to Milton Friedman; "The Social Responsibility
of Business is to increase its profits."...
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General Management
1. (a) According to Milton Friedman; "The Social Responsibilityof Business is to increase its profits." Do you agree with thisproposition?
B. Analyze four (4) justification for businesses engaging incorporate social responsibilities.
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A Answer Taft is CEO of RBC Wealth ManagementUS the business firm once in the past known as Dain Rauscher and burned through 2011 as director of the primary securitiesindustry exchange gathering SIFMA Taft composed the book himself hes a previous daily paper journalist while holding down these two employments Its unmistakably a sincere request and Tafts heart is in the opportune place Be that as it may theres nothing in it uniformly remotely as clear and basic as Friedmans run the show The nearest it comes is with Tafts meaning of stewardship the recommendation that ones actual reason and that a definitive motivation behind associations and of our groups is to serve others When I met with him this week in RBCs Boston office Taft said the stewardship center came to him as an epiphany amidst the money related emergency It hit a minute where I just idea I must quit agonizing over myself I must contemplate other individuals That streamlined things for him at the time however does it truly function as a generally useful manual for business basic leadership No Businessasabsolutely benevolent undertaking wont get you far So Taft tosses out a couple of different ideas One is that culture is extremely imperative The way of life of the monetary
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