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question 103

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76. According to the model, management's most important responsibility is long-term survival (not just maximizing
Profits) . Long-term survival, according to this model, is achieved by satisfying the interests of multiple corporate stakeholders.


Definitions:

Self-Actualization

The achievement or satisfaction of individual talents and potential, seen as a fundamental motivation or necessity in all people.

Freud's Ideas

The theories and concepts developed by Sigmund Freud concerning the unconscious mind, psychosexual development, and the structure of personality.

Horney

Karen Horney, a psychoanalyst known for her theories on neurosis, personality structure, and the influence of culture on psychology.

Women

Adult human females, often discussed in various contexts including biological, social, cultural, and political.

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