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Q2. (a) Milton Friedman contends that there is one and only one responsibility of business: to use its resources and engage in activities designed to
Q2. (a) Milton Friedman contends that there is one and only one responsibility of business: to use its resources and engage in activities designed to increase profit.. Examine this perspective, drawing upon the debates around the challenges of modern capitalism for more responsible business practices and the ways in which businesses have sought to respond to issues in both the society and market place.
(b) Examine four (4) methods that a contemporary business organizations in Ghana has used to engage its stakeholders and demonstrate a commitment to responsible business practices.
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