QUESTION
Which of the following concepts would likely NOT serve to guide members of the Millennial generation who enter the business world?
A) Carroll’s “profit is first priority” pyramid
B) social entrepreneurship
C) Friedman’s “profit is the only responsibility of business”
D) blended value
E) sustainability
ANSWER
Answer: C
Explanation: C) Millennials are typically committed to social good. Friedman’s philosophy sees no value in business proactively supporting the community.
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