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The essay critically examines Milton Friedman's assertion that the primary social responsibility of a business is to generate profit. It explores the implications of this viewpoint within the context of business ethics and sustainable development, providing insights into the balance between profitability and ethical considerations in corporate practices. The analysis is grounded in academic research and reflects on the evolving expectations of businesses in society.
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The social responsibility of corporations, Jens Hillebrand
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- 2008
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