Our shareholders inevitably leads to decrease in profits

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Reference no: EM132078015

1. According to Freeman, directing our business activities in order to benefit anyone more than our shareholders inevitably leads to a decrease in profits. Select one: True False

2. A stakeholder is anyone who has a vested interest in the success of a corporation, or who is directly affected by its activities. Select one: True False

3. Friedman thinks that no business -- not even a private, family-owned, firm -- should ever divert any of its profits to charity for any reason. Select one: True False

4. Freeman claims that "laissez faire capitalism, according to which businesses should feel free to pursue profits with as few constraints as possible, simply does not match the realities of the world in which people actually do business. TRUE or False

5. According to Freeman, directing our business activities in order to benefit anyone more than our shareholders inevitably leads to a decrease in profits. Select one: True False

Reference no: EM132078015

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