Loading...
Question 127 of 415

Use the conversation below to answer the question below;

MUSA: Taiwo why are you in business?

TAIWO: To optimize profit, provide quality products, and discharge my social responsibilities. What of you, Okon and Kalu

OKON: I am in business to cater to the needs of the consumers at all costs.

KALU: I am in business to make a profit, provided quality products at reasonable prices, and establish a good reputation for myself.

 

The businessman that may end up not discharging his social responsibility is--------------------

  • A. Musa
  • B. Okon
  • C. Taiwo
  • D. Kalu

Correct Answer: D

Explanation
The correct option is B. Okon. Explanation of the Correct Answer In the conversation, each character expresses their motivations for being in business. Let's analyze Okon's statement closely:
  • Okon states: "I am in business to cater to the needs of the consumers at all costs." This indicates that his primary focus is on meeting consumer needs, which is a crucial aspect of business. However, the phrase "at all costs" suggests that he may prioritize consumer satisfaction over other important aspects of business, such as social responsibility. This could lead to neglecting ethical considerations or the broader impact of his business on society.
Why the Other Options Are Weaker
  1. A. Musa: We do not have any information about Musa's motivations in the conversation. Therefore, we cannot conclude anything about his potential to discharge social responsibilities. He is not explicitly stated to neglect social responsibility.
  2. C. Taiwo: Taiwo explicitly mentions three motivations: optimizing profit, providing quality products, and discharging social responsibilities. This indicates a balanced approach to business, where he acknowledges the importance of social responsibility alongside profit and quality.
  3. D. Kalu: Kalu states that he is in business to make a profit, provide quality products at reasonable prices, and establish a good reputation. His focus on reputation implies a concern for how his business is perceived, which often includes social responsibility. Therefore, Kalu is also likely to discharge his social responsibilities.
Summary of Key Points
  • Okon's focus on consumer needs "at all costs" may lead to neglecting social responsibilities.
  • Taiwo and Kalu explicitly mention social responsibility as part of their business motivations.
  • Musa's motivations are unknown, making it impossible to assess his commitment to social responsibility.
Revision Summary
  • Okon prioritizes consumer needs, potentially at the expense of social responsibility.
  • Taiwo and Kalu both acknowledge the importance of social responsibility in their business goals.
  • Musa's motivations are not provided, leaving his stance on social responsibility unclear.
  • Understanding the balance between profit, quality, and social responsibility is crucial in business.
← Previous Next →
Jump to: 127 128 129 130 131 132 133 134 135 136