A pharmaceutical company establishes a philanthropic program that provides free prescription drugs to health clinics that serve low$-$income populations. The CEO of the company has made this program the centerpiece of a new marketing campaign, and the company's stock price has skyrocketed as a result of its growing reputation as a socially responsible company.

According to Milton Friedman, did the corporation fulfill its duty?

Yes, because the CEO is fulfilling his or her fiduciary duty to the directors and shareholders of the company.

No$,$ because the CEO has decided to give away prescription drugs rather than selling them.

No$,$ because the company is seeking to profit from its charitable giving.

Yes, because the company is looking out for the well$-$being of people in local communities.