The Manager of a Large Chain Recently Spoke to a Group

question 91

Multiple Choice

The manager of a large chain recently spoke to a group of college students about being successful 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 so doing, 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) Socioeconomic model of social responsibility
• B) Economic model of social responsibility
• C) Strictest model of social responsibility
• D) Consumerism
• E) Rights of employees

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Definitions:

Lysosome

A membrane-bound organelle found in most eukaryotic cells containing enzymes that digest macromolecules and defective cellular components.

Molecular Chaperones

Proteins that assist the folding or unfolding and the assembly or disassembly of other macromolecular structures, ensuring they attain or maintain the correct functional conformation.

ER Lumen

The internal space or cavity of the endoplasmic reticulum, a crucial cellular organelle involved in protein folding, modification, and transport.

Proteasomes

Complex protein structures in cells responsible for degrading and recycling proteins that are damaged or no longer needed.