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Exam (elaborations)

MGT 371 exam 1 || WITH COMPLETE ANSWERS!!

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  • Course
  • MGT 371
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  • MGT 371

Which of the following is most likely to be a reason why CSR improves a firm's profit margins? correct answers Investment causes the company's suppliers to grant greater trade discounts. Which of the following best describes distributive justice? correct answers It is a subset of justice that de...

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  • September 2, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • MGT 371
  • MGT 371
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MGT 371 exam 1 || WITH COMPLETE ANSWERS!!
Which of the following is most likely to be a reason why CSR improves a firm's profit
margins? correct answers Investment causes the company's suppliers to grant greater trade
discounts.

Which of the following best describes distributive justice? correct answers It is a subset of
justice that deals with the distribution of wealth among members of a society.

A firm's ethical responsibilities are correct answers behaviors the general population expects.

Which of the following is one of the primary goals of ASEAN? correct answers Ensuring
peace and stability

Which of the following is NOT a benefit of CSR? correct answers Obtaining lower financing
interest rates

Gary has been charged with the task of establishing business relationships in a foreign
country where it is customary to lavish decision makers with expensive gifts. Gary is faced
with the ethical dilemma of correct answers bribery

The factor that distinguishes leadership from management is that correct answers leadership
is the ability to drive change through motivation.

According to Kazuo Inamori, an employee in the first level of performance would correct
answers achieve results with a challenging spirit and positive attitude.

The Sarbanes-Oxley Act of 2002 was passed in order to correct answers control the
manipulation of accounts by the top management in firms.

____is an ethical philosophy claiming that motives and universal rules are important aspects
in judging what is right or wrong. correct answers Kantianism

Which of the following statements is true about businesses and their leaders? correct answers
Some leaders focus their efforts on lobbying to influence the government's role in business.

Which of the following refers to the systematic assessment of the external environment to
prepare for a possible range of alternative futures for the organization? correct answers
Contingency planning

Which of the following countries is one of the original members of ASEAN? correct answers
Philippines

Which of the following statements best describes scientific management? correct answers It
focuses on how jobs, work, and incentive schemes could be designed to improve productivity
using industrial engineering methods.

Which of the following best defines whistle-blowing? correct answers It is the release of
evidence by a member of an organization that proves illegal or immoral conduct to executives
in a company or regulatory agencies outside a company.

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