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Which of the Following Is True of Milton Friedman's Dictum

Question 67

Multiple Choice

Which of the following is true of Milton Friedman's dictum about the social responsibility of business?


A) Organizations can improve the quality of life so long as their actions are directed at increasing profits.
B) The responsibilities of an organization are clearly defined by the laws and regulations imposed upon them.
C) The responsibilities of an organization are to attempt to satisfy all relevant stakeholders' interests.
D) The goal of an organization is to satisfy select stakeholders that express their specific needs.
E) The goal of an organization is to provide employment, safe working conditions, and profit to the owners.

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