PetLine.com
PetLine.com is an online retailer of pet supplies and toys. Daphne, the founder and CEO, believes that her company's only responsibility is to make as much profit as possible. However, Yasmine, the human resources director, has been arguing for providing a comfortable and safe work environment for the employees, especially through ergonomically appropriate furnishings to prevent problems such as carpal tunnel syndrome and backaches. Yasmine argues that PetLine.com should be concerned about satisfying the competing and conflicting expectations of many groups in society, not simply satisfying the stockholders. Daphne disagrees with Yasmine and says: "Well, if any health-related problems arise we'll just deny the responsibility."
-Refer to PetLine.com. Yasmine's beliefs about profit are representative of which business model?

Question

Quizplus · Accepted Answer

Yasmine's beliefs about profit align with the socioeconomic model, which holds that businesses should strive to meet the needs of multiple stakeholders, including shareholders, employees, customers, and the broader society. This model emphasizes the importance of responsible corporate citizenship and ethical behavior.

PetLine.com PetLine.com Is an Online Retailer of Pet Supplies and Toys