Business Ethics and Social Responsibility: Practices in Organizations

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Questions and Answers

What is the definition of 'protocol' within the context of organizational practices?

  • Rules and procedures set by the government for businesses
  • The official dress code within a company
  • The legal framework governing business operations
  • Unwritten rules or guidelines specific to each culture or organization (correct)

Which of the following best describes 'marketing' based on the provided text?

  • The process of tracking financial transactions
  • The development of advertising strategies
  • Handling bookkeeping tasks in an organization
  • Encouraging people to buy products through advertisements (correct)

What is the key purpose of 'advertising' as mentioned in the text?

  • Developing financial reports for stakeholders
  • Recording and managing cash flow transactions
  • Ensuring compliance with company policies
  • Encouraging people to purchase products or services (correct)

How do 'organizational practices' differ from 'individual practices'?

<p>Organizational practices are about group behaviors within a company, while individual practices are about personal skills. (A)</p> Signup and view all the answers

What does 'bookkeeping' primarily involve according to the text?

<p>Tracking and recording financial transactions (B)</p> Signup and view all the answers

In business, what does 'practice' specifically refer to according to the text?

<p>A way of maintaining one's proficiency through repeated exercise of skills (B)</p> Signup and view all the answers

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