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Does the corporate social responsibility go beyond just maximizing profit for investors?
Can a capitalistic market economy survive if corporations do not practice Social Responsibility? CSR includes responsibility to the community, employees, suppliers and investors. The late Nobel Prize winning economist Milton Friedman's position on this topic was that the only responsibility of corporation is to earn a profit for investors. He believed that their social responsibility was fulfilled by paying taxes, wages, etc.
But does CSR go beyond that Friedman's, position? What will be the consequences to the market free enterprise economy without CSR.?
Will these monopolies typically earn economic profits. Why do not other airlines enter these monopoly routes.
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Consider an economy with five assets: 1) Cash 2) Checking Accounts 3) Savings and Money-Market Accounts 4) Bonds 5) Stocks. M1 includes asset classes 1 and 2, and M2 is the sum of M1 and asset class 3. The stock market crashes, and investors who were..
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q1. discuss about the effects of the economic crisis of 1997 on the korean society and business.q2. explicate explain
Illustrate what way does investment multiplier defend the policy of public workson the part of the state during business depression.
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