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Dr. Milton Friedman, a Nobel-prize winning Economist, once wrote:
“There is one and only one social responsibility of business — to use its resources and engage in activities designed to increase its profits…So long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.”
Do you agree with Mr. Friedman? Why or why not? If you disagree, what other social responsibilities does a business have?
After reading the discussion prompt and research the topic so you can form a supported position, for full credit, the initial post-must-have.
1. Be well thought out and concise.
2. include at least one reference to outside sources (course text, Internet articles, journals, newscasts) that support your position (please highlight or bold the references to make them easier for me to find).