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This flies in the face of Solomon's beliefs as well as others who believe that business is not concerned merely with profit but also with promoting desirable social ends. Business is not only about profits but includes many other activities as well. Friedman woefully undersells the capitalism's humanitarian dimension. So what exactly are the social responsibilities of businesses?
A corporation should try to create value for all of its constituents. While an investor may state that the purpose of a business is to maximize profits, others such as customers, employees, suppliers, and the community may define the purpose of a business in terms of its own needs and desires with each perspective being valid and legitimate...
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