Asked by
Lucas Nolan
on Nov 27, 2024
Verified
Some economists believe that if companies address economic and legal issues, they are satisfying the demands of society, and that trying to anticipate and meet additional needs would be almost impossible. Which economist's theory are they following most closely with this belief?
A) Adam Smith.
B) Archie Carroll.
C) Jack Ma.
D) Noel Biderman.
E) Milton Friedman.
Milton Friedman
An American economist and Nobel laureate who was a leading proponent of free-market capitalism.
Archie Carroll
A scholar known for his work on corporate social responsibility and business ethics, particularly for his pyramid model that outlines the responsibilities of businesses.
- Gain an insight into the core convictions about the function of business in society, as seen through the lens of leading economists.
Verified Answer
FA
Learning Objectives
- Gain an insight into the core convictions about the function of business in society, as seen through the lens of leading economists.