Ma. Josefa S.

Bayoona

BSTM 3.1B

Quiz 6

1. Which of the three (3) models present a favorable situation for the entrepreneur? Explain your
answer.

Answer:
The Van Duzer's Model because it is a win-win situation for the business owner. In which the
model says that the purpose of business is to earn a profit that allows the enterprise to
accomplish something more or better. As an entrepreneur, they will get expertise on how to
manage a firm, stay current with developments, and respond to issues they may have while
managing their company.
 

2. Which of the three (3) models promote sustainability? Explain your answer.

Answer:
The Naert Model promotes sustainability because the model suggests that both economic and
social values can be pursued simultaneously. According to the concept, the primary goal of any
firm is to create value. As a result, the model is thought to be the greatest for promoting
sustainability because it does not ignore social or economic growth.

3. Which of the three (3) models promote an ethical culture in business? Explain your answer.

Answer:
Parikh's Model promotes an ethical culture in business because the model argue that wisdom
contained the ancient Hindu scripture should and need to employed in business practices in
India. There is a so-called social responsibility it refers to having contribution to the society,
fostering good behaviors and ethically doing things in terms of culture, social, economic and
environmental issues.