Managers are more aware of the impact their decision will have on others when addressing an issue of high _____.

MGMT 301 Chapter 4

Quiz
•
Business
•
University
•
Hard

Beverly Fleischman
Used 2+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ethical intensity
ethical pluralism
ethical subjectivism
ethical congruence
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Which of the following is a company's social responsibility to make a profit by producing a valued product or service?
Economic responsibility
Legal responsibility
Ethical responsibility
Discretionary responsibility
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
When Pink Cheques, previously a small-time production house, grew in size, the first thing its chief executive officer (CEO) did was to establish a set of guidelines that detailed all the principles, standards, and procedures to be followed in the company's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protecting the environment to maintenance of financial records. This scenario illustrates that the CEO developed a _____.
code of ethics
performance appraisal document
database of employee records
cognitive map
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
When businesses enhance their reputations by being socially responsible, they hope to maximize _____.
utilitarian benefits
customers' willingness to pay
the opportunity cost of a choice
All of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Emerald Inc., a popular skincare company, apologized to its customers when a large number of its products tested positive for banned substances. It failed to take any further action despite the expectations of its customers. This is an example of a(n) _____.
accommodative strategy
comprehensive strategy
defensive strategy
proactive strategy
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a company's social responsibility to make a profit by producing a valued product or service?
Ethical responsibility
Discretionary responsibility
Economic responsibility
Legal responsibility
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The only social responsibility that businesses have is to maximize profits according to the _____.
economic model
stakeholder model
accounting model
shareholder model
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