Until the 1980s, many western businesses continued to profit from their operations in south Africa despite knowing that doing so indicated tacit support of the country’s apartheid government. Which approach to business ethics claims that “the social responsibility of business is to increase profits” so long as the company stays within the rules of law?
The Naive Immoralist
The Righteous Moralist Utilitarian Ethics
The Friedman Doctrine
Answer: The Friedman Doctrine