The____________ Model Holds That the Only Social Responsibility That Businesses

question 33

Multiple Choice

The____________ model holds that the only social responsibility that businesses have is to maximize profit.

• A) economic
• B) stakeholder
• C) shareholder
• D) accounting
• E) fiscal

---

Definitions:

Discouraged Worker

An individual who is not actively seeking employment due to the belief that there are no jobs available for them or that they would not qualify for those that are available.

Underemployed

Refers to individuals who are working at jobs that underutilize their skills, education, or availability, often not working at their full potential in the labor market.

Recent College Graduate

An individual who has completed their tertiary education and obtained a degree from a college or university in the near past.

Unemployment Rate

The unemployment rate is the percentage of the labor force that is jobless and actively looking for employment, serving as a key indicator of labor market health.