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Tresset [83]
3 years ago
15

1. Friedman distinguishes between the two concepts that (a) businesses really do act in ways to maximize profit and (b) business

es have a moral responsibility (or, as he puts it, a social responsibility) to act to maximize profit. How does he defend the latter position? (See both the Friedman and Sandbu readings)
Business
1 answer:
S_A_V [24]3 years ago
4 0

Explanation:

Friedman defends the position that companies have a social responsibility to act to maximize profit, in the sense that, the primary function of companies is to generate profit. The author goes against the growing opinions in society that companies must have social responsibility, that is, they need to create a positive and sensitive corporate image to please political and society interests and counter or even soften the words and actions its central purpose, which is profit generation. For him, social responsibility cannot be politicized in order to be an obligation of companies, as it limits freedom and interests arising from the business.

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lys-0071 [83]

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

4 0
3 years ago
Symon's Suppers Co. has announced that it will pay a dividend of $4.23 per share one year from today. Additionally, the company
sweet-ann [11.9K]

Answer:

$68.23

Explanation:

In this question, we apply the dividend growth rate model which is shown below:

The computation of the current share price is shown below:

= (Current year dividend) ÷ (Rate of return on company stock - growth rate)

= ($4.23) ÷ (10.6% - 4.4%)

= ($4.23) ÷ (6.2%)

= $68.23

We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate

6 0
3 years ago
Art invested $100 two years ago at 8 percent interest. The first year, he earned $8 interest on his $100 investment. He reinvest
nikitadnepr [17]

Answer:

Option 4- Interest on Interest

Explanation:

Look we earned $8 in the first year which we invested in the same business. Okay now we again earned 8% on this $100 and $8 invested in the second year. The 8% on the $8 is $0.64 which is the interest earned on the interest invested in the previous year.

4 0
3 years ago
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Verizon [17]

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Most health insurance do cover some other range of services such as cosmetic procedures and beauty treatments.

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Learn more about health insurance at:

brainly.com/question/1941778

4 0
3 years ago
What does medical coverage on an auto insurance policy cover?
stealth61 [152]

Medical coverage on an auto insurance policy covers Medical bills for yourself and anyone else in your car in case of an accident

<h3>WHAT IS MEDICAL COVERAGE </h3>

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Medical coverage of an auto insurance ensures that medical expenses are covered in cases of an accident.

Learn more about medical coverage at brainly.com/question/3545635

#SPJ1

6 0
2 years ago
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