Multiple Choice Questions

What is a synonym for the macroenvironment?the economic, technological, sociocultural, and political/legal trends that indirectly affect all organizations
  • general environment
  • External Stakeholders
  • social audit
  • economic, technological, sociocultural, demographic, political-legal, and international
_____ forces lead to new developments in methods for transforming resources into goods or services. For example, a new technique called hydraulic fracturing (or fracking) has been developed to harvest natural gas trapped below the earth's surface.
  • International forces
  • Technological Forces
  • code of ethics
  • Political and Legal Forces
______ guides the justice approach to deciding ethical dilemmas.
  • Local communities are stakeholders of organizations because communities
  • A supplier is an external stakeholder that
  • Which of the following is an example of a green policy or action?
  • Respect for impartial standards of fairness and equity
changes in the economic, political, legal, and technological global system that may affect an organization
  • code of ethics
  • International forces
  • Technological Forces
  • Political and Legal Forces
Which forces are part of the macroenvironment?
  • Local communities are stakeholders of organizations because communities
  • An organization's internal stakeholders consist of
  • general environment
  • economic, technological, sociocultural, demographic, political-legal, and international
Consider the following situation: Local livestock farmers could allow the runoff of manure nutrients into a stream that feeds a local lake because polluting the stream helps farmers in the short term. However, farmers will act ethically in the short run to avoid harming others in the long run because doing so is also in the farmer's best long-term interests. This type of thinking reflects the _____ approach to deciding ethical dilemmas.
  • Crowdfunding
  • lack of independence from the CEO
  • Individual approach
  • External Stakeholders
To focus on improving company customer service this year, the CEO of a pet food manufacturer outlined a list of stakeholders to concentrate on: distributors, local communities, and the mass media. These three groups are
  • Individual approach
  • lack of independence from the CEO
  • Sustainable economic development
  • External Stakeholders
governing a company so that the interests of corporate owners and other stakeholders are protected
  • Which of the following describes the system of corporate governance?
  • Local communities are stakeholders of organizations because communities
  • lack of independence from the CEO
  • Which of the following is an example of a green policy or action?
What mechanism is used to provide a systematic assessment of an organization's performance in implementing socially responsible programs, often based on predefined goals?
  • social audit
  • External Stakeholders
  • Crowdfunding
  • lack of independence from the CEO
A(n) ____ is a formal written set of ethical standards guiding an organization's actions.
  • code of ethics
  • Crowdfunding
  • Marie and Marti are partners who solely own M and M Florist. As owners, they can
  • International forces
the board of directors, employees, and owners.
  • A supplier is an external stakeholder that
  • lack of independence from the CEO
  • Respect for impartial standards of fairness and equity
  • An organization's internal stakeholders consist of
Which type of funding raises small amounts of money from many people to finance a new venture?
  • lack of independence from the CEO
  • Which of the following is an example of a green policy or action?
  • Crowdfunding
  • Sustainable economic development
meets present needs without compromising the ability of future generations to meet their needs.
  • Sustainable economic development
  • lack of independence from the CEO
  • A supplier is an external stakeholder that
  • Which of the following is an example of a green policy or action?
the principles of right and wrong that influence behavior
  • Ethics
  • An organization's internal stakeholders consist of
  • Respect for impartial standards of fairness and equity
  • Crowdfunding
With regard to boards of directors, and in particular their oversight of the CEO, the board of directors' _______ is the biggest complaint.
  • lack of independence from the CEO
  • Which of the following is an example of a green policy or action?
  • Which of the following describes the system of corporate governance?
  • Sustainable economic development
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Multiple Choice Questions
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