Cadmium Technologies Inc. believes that the sole purpose of its existe

QUESTION

Cadmium Technologies Inc. believes that the sole purpose of its existence is to maximize profits for its stockholders. The firm has often been criticized for not engaging in any social investments.

However, the firm has been appreciated for abiding by the laws while earning profits. According to this information, which of the following approaches to ethics is most likely being adopted by Cadmium Technologies?
A. Friedman doctrine

B. Utilitarianism

C. Kantian ethics

D. Sullivan’s principles

E. Naive immoralist

ANSWER

A