The Manager of a Large Chain Recently Spoke to a Group

Multiple Choice

The manager of a large chain recently spoke to a group of college students about making it in the business world.He focused particularly on the importance of fulfilling the purpose of the business organization: that is, to produce and market profitable products needed by society.In doing so, he indicated that a stockholder, not the society as a whole, invests in a corporation to earn a return on his or her investment and that a firm is legally obligated to act in stockholders' interests.What concept do the manager's comments reveal?

A) the socioeconomic model of social responsibility
B) the economic model of social responsibility
C) the strictest model of social responsibility
D) consumerism
E) the rights of employees