The Shareholder Model Holds That Management's Most Important Responsibility Is

question 97

True/False

The shareholder model holds that management's most important responsibility is long-term survival (not just maximizing profits). According to the shareholder model, long-term survival is achieved by satisfying the interests of multiple corporate stakeholders (not just shareholders).

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Definitions:

Car Accident

A collision involving one or more vehicles resulting in damage, injury, or fatalities.

Small Talk

Casual conversation about unimportant or uncontroversial matters, often used in social settings.

Schedule

A plan for carrying out a process or procedure, giving lists of intended events and times.

Direct Eye Contact

The act of looking directly into another person’s eyes, which can convey honesty, confidence, or aggression, depending on the context.