Fiedman says that the only social responsibility of a business is to increase is profits. He claims that placing any other moral responsibilities on a business is:

$($calect all tirat apph$)$

a$)$ Unfair, because it constitutes taxation without representation.

b$)$ Undemocratic, because it invests governmental power in a person who has no general mandate to govern.

c$)$ Unwise, because there are no checks and balances in the broad range of governmental power there by turned over to his discretion.

d$)$ A violation of trust, because the executive is employed by the owners $"$as an agent serving the interests of his principal."

e$)$ Futil dboth because the executive is unlikely to be able to anticipate the social consequences of his actions and because, as he imposes costs on his stockholders, customers, or employees, he is likely to lose their support and thereby lose his power.

Thue or false? For any business, making contributions to the public goes against shareholder interests.

A stakeholder chaim

a$)$ is usually a complaint

b$)$ is always financial

c$)$ is any matter of concem for the corporation or company

d$)$ is the same as a lawsuit

True or filse? Corporations that embrace CSR policies consistently produce a lower rate of return on investment for shareholders.

True or false? Confucian ethics primarily focus on individual flourishing.

True or false? Employer$-$sponsored wellness programs have no downsides for employees.

True or false? According to Adam Smith, the selfinterested nature of business means there is no place for ethics in business.