Management's Most Important Responsibility Is Long-Term Survival (Not Just Maximizing

question 96

Multiple Choice

Management's most important responsibility is long-term survival (not just maximizing profits) ,which is achieved by satisfying the interests of multiple corporate stakeholders. What type of model does this statement represent?

• A)economic  
• B)stakeholder  
• C)societal  
• D)shareholder

---

Definitions:

Good Argument

A logical and coherent set of statements leading from premises to a conclusion, effectively supported by evidence.

Informal Fallacies

Errors in reasoning that do not involve the logical structure of an argument but are related to the content of the argument or the way the argument is presented.

Winning

Achieving victory in a competition or contest.

Research

The systematic investigation into and study of materials and sources to establish facts and reach new conclusions.