Business Owners Who Care Only About Maximizing Profits Are

question 18

Multiple Choice

Business owners who care only about maximizing profits are

• A) likely to discriminate against certain groups of workers.
• B) likely to be replaced by discriminating businesses.
• C) more concerned about racial discrimination than gender discrimination.
• D) at an advantage when competing against those who practice employment discrimination.

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Definitions:

Scalable Models

Business strategies or systems that can easily adapt or expand to accommodate growth without compromising performance or quality.

Social Entrepreneurship

Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Hybrid Models

Approaches that combine elements from different methodologies, theories, or systems, often used in business strategies, computational simulations, or vehicle technology to optimize performance.