Podcast
Questions and Answers
What is the role of a business organization in the socioeconomic development?
What is the role of a business organization in the socioeconomic development?
- To create shared value through economic development (correct)
- To compete with rivals in terms of quality
- To distribute goods and services to satisfy a public need or demand
- To act as charitable donors to improve societal wellbeing
According to corporate social responsibility (CSR definition), what does it involve?
According to corporate social responsibility (CSR definition), what does it involve?
- Participating in initiatives that benefit a society (correct)
- Ignoring societal needs and challenges
- Competing aggressively with other businesses
- Maximizing profits at any cost
How does business contribute to the economy?
How does business contribute to the economy?
- By minimizing environmental impact
- By competing aggressively with other businesses
- By avoiding profitability and focusing on charity
- By providing jobs and goods/services for people to buy (correct)
What is the significance of businesses creating economic prosperity?
What is the significance of businesses creating economic prosperity?
How do service businesses set themselves apart from rivals in terms of quality?
How do service businesses set themselves apart from rivals in terms of quality?
What does the framework of creating shared value aim to achieve?
What does the framework of creating shared value aim to achieve?
What is the main focus of Metaethics?
What is the main focus of Metaethics?
Which branch of ethics involves moral judgment based on ethical norms or theories?
Which branch of ethics involves moral judgment based on ethical norms or theories?
According to Aristotle, what is essential for happiness?
According to Aristotle, what is essential for happiness?
What is the opposite of virtue?
What is the opposite of virtue?
What does Socrates believe is the cause of moral evil?
What does Socrates believe is the cause of moral evil?
What is the foundation of virtue ethics?
What is the foundation of virtue ethics?
What is the main focus of Descriptive Ethics?
What is the main focus of Descriptive Ethics?
What does Plato attribute moral conflict to?
What does Plato attribute moral conflict to?
Flashcards are hidden until you start studying
