According to Milton Friedman, “Business has only one social responsibility – to make profits (as long as it stays within the legal and moral rules of the game established by society). Few trends could so thoroughly undermine the very foundations of our society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.” Explain why you agree or disagree with such a statement.
I agree with this statement as income maximization - is really the only social responsibility of business. In fact, for profit necessary produce products / provide services that will be most needed (useful) to customers. Thus in order to reduce the cost and time of production / services to achieve a high level of productivity, which is possible only in providing employees with proper working conditions, appropriate level wages, providing them with social benefits (insurance, vacation, sick leave and is etc.).
This long-lasting quarantine period has undoubtedly shaken up the world. From the economy to health care, and even to schools…
APPROVED BY CLIENTS
The people at assignment expert give quality service. The results are top-notch and the walkthrough they provide helps you understand the process. The only problem I have with them is their prices, however, they do try to find ways to reduce the price so that you can afford it.