Those who favor the ____ model of business are concerned about satisfying all stakeholders while pursuing a profit.

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The socioeconomic model of business emphasizes the importance of balancing the interests of various stakeholders, such as employees, customers, suppliers, and the wider community, while still pursuing profitability. This model recognizes that a business's success is intertwined with the well-being of society and the environment. In contrast, the classical economic model (A) prioritizes maximizing shareholder value, while the traditional model (B) focuses on preserving established norms and practices. Neo-capitalism (D) typically refers to an economic system characterized by a minimal government role, deregulation, and free-market capitalism, which may not place a strong emphasis on stakeholder interests. Incremental (E) is not a relevant model of business in this context.

Those Who Favor the ____ Model of Business Are Concerned