14 Questions
What is the role of a business organization in the socioeconomic development?
To create shared value through economic development
According to corporate social responsibility (CSR definition), what does it involve?
Participating in initiatives that benefit a society
How does business contribute to the economy?
By providing jobs and goods/services for people to buy
What is the significance of businesses creating economic prosperity?
It leads to infinitely scalable and self-sustaining solutions
How do service businesses set themselves apart from rivals in terms of quality?
By providing exceptional customer experiences
What does the framework of creating shared value aim to achieve?
Creating economic value while addressing societal needs and challenges
What is the main focus of Metaethics?
Analyzing the meaning of words
Which branch of ethics involves moral judgment based on ethical norms or theories?
Normative Ethics
According to Aristotle, what is essential for happiness?
Moderation
What is the opposite of virtue?
Vice
What does Socrates believe is the cause of moral evil?
Ignorance
What is the foundation of virtue ethics?
Moral excellence
What is the main focus of Descriptive Ethics?
Describing morality of a people, culture, or society
What does Plato attribute moral conflict to?
Irrational part of the soul
Explore the role of business organizations in socioeconomic development and corporate social responsibility through this quiz. Test your understanding of how businesses produce and distribute goods, provide jobs, and contribute to societal initiatives.
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