Review Milton Friedman’s famous article on, The Social Responsibility of Business Is to Increase Its Profits, found in the Objectives, Readings and Resources.
Write an essay summarizing how Friedman’s view on social responsibility is related to the efficient boundary of the business firm in today’s business environment.
Include evidence and a specific real world example to support your discussion.
Submit your responses in a Word document. Answers should be clear, concise and compelling. Support your answers (external to text) in APA format.
In addition, you will be assessed on how compelling or persuasive you write. If your essay is fewer than 500 words, you are probably not compelling enough, if it is greater than 1000 words, you are not concise enough. Specific reference to fact, terms used in the course, and logic will all help you to be compelling. Finally, a graduate level essay shall have no mechanical errors.