Which of the Following Models Describes Business as Responding Primarily

question 20

Multiple Choice

Which of the following models describes business as responding primarily to economic forces in society?

• A) The market capitalism model
• B) The stakeholder model
• C) The dominance model
• D) The countervailing forces model

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Definitions:

Big Five Traits

A model describing five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Agreeableness

A personality trait characterized by altruism, trust, kindness, affection, and other prosocial behaviors.

Generativity

A concern for establishing and guiding the next generation, often seen as a stage of personal development in adulthood.

Erik Erikson

A psychologist known for his theory on the psychological development of human beings across eight stages of life.