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What would Milton Friedman's opinion be on the Ford's case? Make sure to include the following:
a. What does Milton Friedman think is the sole responsibility of the business? (2-3 sntences)
b. Does Milton Friedman think this "responsibility" should be pursued at all costs or within reason? (1-2 sntences)
c. What was Milton Friedman's justification for the theory? (5-7 sntences) 5)
What would Edward Freeman's opinion be on the Ford's case? Make sure to include the following:
a. What does Edward Freeman think the responsibility of the business is? (3-4 sntences)
b. What was Edward Freeman's justification for the theory? (5-7 sntences)
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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