Confucius's Teachings on the Correct Model for Family Life

question 2

Multiple Choice

Confucius's teachings on the correct model for family life

• A) was patterned after that of other, earlier philosophers.
• B) became the basis of Chinese political life as well.
• C) has held steady up to the present day.
• D) affected the politics, but not the educational system, of his country.
• E) affected the educational system, but not the political development, of his country.

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Definitions:

Principal-Agent Problem

A dilemma in which one party (the agent) is supposed to act in the best interest of another party (the principal) but may act in their own interest instead due to conflicts of interest.

Corporate Structure

Describes the organization of a company, including its legal structure, division of responsibilities, and hierarchical levels.

Proprietorship

A business firm owned by an individual who possesses the ownership right to the firm’s profits and is personally liable for the firm’s debts.

Operational Efficiency

The capability of an organization to deliver products or services in a cost-effective manner while ensuring high quality.