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Q. Some would argue, such as Milton Friedman, which "Few trends could so thoroughly undermine the very foundations of our free society as the acceptance of corporate officials of a social responsibility other than to make as much money for their stockholders as possible. This is fundamentally a subversive doctrine. If businessmen do have a social responsibility other than maximum profits for stockholders, Explain how are they to know illustrate what it is?"
Do you agree with Friedman? Explain why or explain why not?
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You are the CFO at a manufacturing company. Your company is anticipating an impending cash crunch. What short-term working capital strategies might you employ? Why? In what order would you implement them? Why?
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