BA 201: Foundations of Bus Thought (Fall 2021)

Homework – Robicheaux #5

Note: Answers should not be in bold font (only the questions are bolded). 

Each answer should be 3-5 sentences long.

Friedman/Heilbroner

1. How is social responsibility defined in these two readings? Explain the responsibility of a business     through the eyes of Friedman.

2. What is Heilbroner’s response to Friedman’s argument? How does his viewpoint differ?

3. Friedman argued that businesses cannot have responsibilities because only people can be held responsible.  What does that mean?