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Questions and Answers
Which one of the following best defines ethics?
Which one of the following best defines ethics?
- A strategy used by managers to maximize profits
- A set of laws that govern social behavior
- A code of moral principles used to set standards of good and bad (correct)
- A system of rules and regulations
Which strategy involves managers choosing not to be socially responsible and behaving illegally and unethically?
Which strategy involves managers choosing not to be socially responsible and behaving illegally and unethically?
- Proactive strategy
- Obstructionist strategy (correct)
- Accommodating strategy
- Defensive strategy
Which strategy involves managers staying within the law but not taking on additional social responsibility?
Which strategy involves managers staying within the law but not taking on additional social responsibility?
- Defensive strategy (correct)
- Obstructionist strategy
- Proactive strategy
- Accommodating strategy
Which strategy involves managers trying to balance the interests of all stakeholders?
Which strategy involves managers trying to balance the interests of all stakeholders?
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Which strategy involves managers actively embracing social responsibility?
Which strategy involves managers actively embracing social responsibility?
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