According to economist Milton Friedman, Few trends could so thoroughly undermine the very foundation of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible. (In other words, companies exist to make money for their stockholders, and that is what they should do- forget about social responsibility).

a.) Based on what we discussed in class, do you agree or disagree with Friedmans statement? Explain your answer. Be sure to discuss the benefits and limitations of social responsibility in your answer, and what happens when firm do not behave in a socially responsible way.

b.) Marketing is criticized for creating wants in consumers.Do you feel this is an accurate criticism? Why/Why not?