Inspired corporate giving, SME-style
In 1970, Milton Friedman famously remarked: "There is one and only one social responsibility of business: to use its resources and engage in activities designed to increase its profits."
The famed American economist was opposed to the concept of businesses having a social conscience, since he believed this would be a distraction from the primary purpose of making a profit.
This article was first published in The Business Times.
Read more at http://www.businesstimes.com.sg/companies-markets/company-of-good/inspired-corporate-giving-sme-style