Asked by taylor coleman on Sep 26, 2024

The father of the classical economic model of business is

A) Fredrick Taylor.
B) Milton Rokeach.
C) Adam Smith.
D) Archie Carroll.
E) Ben Franklin.

Classical Economic

A school of thought in economics that emphasizes the role of free markets, limited government intervention, and the importance of economic decisions based on rational self-interest.

  • Distinguish between different opinions on the significance of businesses in society, from traditional economic viewpoints to contemporary socioeconomic approaches.
  • Know the historical and theoretical foundations of CSR and their influential figures.