Milton Friedman takes the position that business corporations have no corporate responsibility of any sort except...

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Psychology

Milton Friedman takes the position that business corporationshave no corporate responsibility of any sort except to obey the lawand make as much profit as the law allows for its shareholders .Explain how his position might be ethically justified under atheory studied in this section of our course : b . Suppose acorporation had the opportunity to move its 10, 000manmanufacturing jobs from Louisville to Bangladesh and therebysharply reduce its overhead by paying substantially lower wagesExplain what you think his position would be :

READING - The Social Responsibility of Business is to Increase itsProfits by Milton Friedman

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One of the most important responsibility of the businesses is to increase profits and satisfy all the stakeholders and shareholders This would mean they are not legally responsible for the society just as the corporate social responsibility Even this See Answer

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