MGMT 301 Chapter 4

MGMT 301 Chapter 4

University

16 Qs

quiz-placeholder

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MGMT 301 Chapter 4

MGMT 301 Chapter 4

Assessment

Quiz

Business

University

Hard

Created by

Beverly Fleischman

Used 2+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


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

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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