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Instructions A) Watch the video below. Episode 150 - Social Responsibility Perspectives: the Shareholders and Stakeholders approach B) Answer online the following 20 questions, using

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Instructions A) Watch the video below. "Episode 150 - Social Responsibility Perspectives: the Shareholders and Stakeholders approach B) Answer online the following 20 questions, using the words of the video presenter, not your own words 1. What does Milton Freedman say is the one and only responsibility of business? 2. What is the primary factor or objective of a business? 3. What is the definition of the term 'Social Responsibility in this video? 4. What is the main issue and question in this video? 5. What did Freedman feel about business social responsibility? What did Freedman compare businesses that engage in social responsibility efforts to 7- What or who are the key parties of "C' corporations? 8. Who are the investors in corporations? 9. Who are the actually owners of corporations? 10- Who elects the board of directors of a corporation! 11. Who appoints the corporate officers who manage the day to day operations of the corporation 12. In decision making what is the main responsibility of the corporate officers? 13. What is the most important desire of shareholders? 14. Whose responsibility is it to make as much money as possible 15- Engaging in what is termed Social Responsibility is in direct conflict with the model 16-Why is it engaging in social responsibility in direct conflict with the shareholders' model? 17- Friedman argues that giving money to charity is good but 18- By spending energies and resources on social responsibilities, it is giving up on 19- Friedman believed that businesses should pursue only profit 20- Friedman's views represent just one of the two perspectives related to

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