Question

why can it be said that the quality of business management is one of the most important functions in society, not just within the sphere of business? a. effective and ethical managers contribute greatly to our standard of living and economic security. b. managers, particularly high - ranking executives in large corporations, have a greater impact on society than politicians or other people in positions of leadership. c. middle managers set the course for future decision making providing unique insight into the value of business in society. d. as successful managers move up the corporate ladder, they create opportunities for up - and - coming professionals to take their old jobs. e. modern society increasingly looks at high - profile ceos and successful entrepreneurs as role models.

Explanation:

To determine the correct answer, we analyze each option:

• Option A: Effective and ethical managers impact the standard of living and economic security, which are broad societal functions, not just business - related. This aligns with the idea that business management quality is important for society.
• Option B: Claiming managers have a greater impact than politicians is an overstatement and not a valid reason for business management's societal importance.
• Option C: Middle managers' role in decision - making is more business - internal and does not fully explain societal importance.
• Option D: Creating job opportunities for others is more of an internal corporate career - related benefit rather than a broad societal function.
• Option E: Looking at CEOs as role models is not a core reason for business management's societal importance.

Answer:

A. Effective and ethical managers contribute greatly to our standard of living and economic security.