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The managers at johnson & johnson who authorized the buyback of defective products might have endorsed milton friedman’s shareholder, or profit-maximizing, view.

Respuesta :

Organizations must make money to stay in existence. Making money, then, should be the sole focus of an organization’s activities.

Organizations have one responsibility: to increase the wealth of their stockholders

The following information should be considered:

  • According to Friedman, each & every organization should contain the bottom line to generate more profit by earning more and more money due to this it can increase the wealth of those people who have invested in the organizations
  • So,  the main objective of the firms should be to direct their activities to generate more funds

Learn more: https://brainly.com/question/994316?referrer=searchResults

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