Question

A conclusion that can be drawn from the _____ model is that business is deeply integrated into an open society and must respond to multiple economic and noneconomic factors.

A. dominance
B. market capitalism
C. stakeholder
D. countervailing forces

Answer 1

Answer:

B. market capitalism

Explanation:

In Market Capitalism Model business operates in a market environment. Business responds to economic forces protected from direct impact of social and political forces. Business is also protected from the direct impact of non economic forces such as sociopolitical forces, but mainly focuses on the primary economic forces.