How Does the Systemic Imperative Benefit the Power Elite? Describe

question 32

Essay

How does the systemic imperative benefit the power elite? Describe the ways in which the systemic imperative is biased toward the status quo.

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Definitions:

Stakeholders

Stakeholders are individuals, groups, or organizations that have an interest in the performance and actions of a company, which can include shareholders, employees, customers, and suppliers.

Conflicts of Interest

Situations where an individual's or entity’s obligations to multiple parties could compromise the decision-making or actions taken, typically due to a clash between personal and professional interests.

Accounting Profit

The net income of a company as calculated by subtracting total expenses from total revenue, according to accounting rules.

Agency Problem

A conflict of interest arising between parties with a principal-agent relationship, where the agent's actions may not align with the principal's best interests.