The Only Thing Milton Friedman Summary

213 Words1 Pages
In this article, the author Milton Friedman advocated the only thing that the business should do is to gain great profit for the shareholders and the companies. Only the individual should have social responsibilities, not organization. Social responsibility is based on the idea that business operations must meet the requirements of sustainable development. It can establish good relations between enterprises, improve business efficiency, and also increase profits. Therefore, for many companies, they all involved in. There is an example, the company named Far Eastern New Century, deeply cultivated more than 40 years in the field of social welfare. With the development of the international trend, external stakeholders pay more attention to