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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...

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.

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Corporate Social Responsibility
Yes, I agree with this statement that every firm has the objective to earn more and
more profits legally and morally. But we are living in a society where we have to...

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