Asked by Arshdeep Singh on Sep 26, 2024
Alfonso Roberto, a new CEO, is highly concerned about issues such as creating safe and meaningful jobs, maintaining clean air and water, supporting non-profit organizations through charitable donations, and manufacturing safer products. Which business model does Alfonso represent?
A) Progressive
B) Geocentric
C) Socioeconomic
D) Classical economic
E) Neo-capitalist
Socioeconomic
Relating to or concerned with the interaction of social and economic factors, often used to describe the social standing or class of an individual or group.
Neo-capitalist
A term referring to the modern or new form of capitalism that includes a mix of traditional capitalist principles and innovative practices or policies.
- Comprehend the consequences of business activities on a range of stakeholders, including the community, workforce, and environmental context.
- Recognize various perspectives regarding the function of businesses within society, ranging from classical economic theories to socioeconomic frameworks.
Learning Objectives
- Comprehend the consequences of business activities on a range of stakeholders, including the community, workforce, and environmental context.
- Recognize various perspectives regarding the function of businesses within society, ranging from classical economic theories to socioeconomic frameworks.
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