The Manager of a Large Chain Recently Spoke to a Group

question 239

Multiple Choice

The manager of a large chain recently spoke to a group of college students about making it in the business world.He focused particularly on the importance of fulfilling the purpose of the business organization: that is, to produce and market profitable products needed by society.In doing so, he indicated that a stockholder, not the society as a whole, invests in a corporation to earn a return on his or her investment and that a firm is legally obligated to act in stockholders' interests.What concept do the manager's comments reveal?

• A) the socioeconomic model of social responsibility
• B) the economic model of social responsibility
• C) the strictest model of social responsibility
• D) consumerism
• E) the rights of employees

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Definitions:

Amygdala

A part of the brain located in the temporal lobe, involved in emotion regulation, memory processing, and decision-making, particularly with responses to fear and pleasure.

Cerebral Cortex

A collection of several thin layers of cells covering the cerebrum; it is largely responsible for higher mental functions. Cortex is Latin for “bark” or “rind.”

Medulla

A structure in the brain stem responsible for certain automatic functions, such as breathing and heart rate.

Autonomic Nervous System

The subdivision of the peripheral nervous system that regulates the internal organs and glands.