Statements accurately distinguishes between laws and ethics

Assignment Help Operation Management

Reference no: EM132270943

1. A social audit refers to

a systematic assessment of a firm's compliance to fair hiring practices and commitment to diversity.

a company-wide assessment of employees at all levels to determine the compliance to the organization's code of ethics.

conducting business in a way that protects the natural environment while making economic progress.

a systematic assessment of a firm's objectives, strategies, and performance in terms of social responsibility.

the ability to understand one's own emotions and the emotions of people with whom one interacts on a daily basis

2. Which of the following statements accurately distinguishes between laws and ethics?

Laws reflect the beliefs of the majority of society while ethics reflect the beliefs of the minority of society.

Ethics deal with religious and moral beliefs while laws deal with social, economic, and environmental behaviors.

Ethics deal with internal (personal) issues while laws deal with external (social) issues.

There is no significant difference between laws and ethics; these terms can be used interchangeably.

Ethics deal with personal and moral principles whereas laws are society's values that are enforceable in the courts.

3. Gross domestic product refers to

the monetary value of all goods and services produced by a single manufacturer during one year.

the monetary value of all domestic exports of a nation during one year.

the monetary value of all goods and services produced in a country during one year.

the monetary value of all domestic imports of a nation during one year.

the difference between all domestic exports and imports for any nation during the course of one fiscal year.

4. Which of the following products is an example of a low-involvement purchase?

Mercedes-Benz automobile

buying a share in NetJets

buying a membership into a local country club

a vacation to Europe

Colgate toothpaste

5. For high-involvement purchases, consumers typically do all of the following EXCEPT:

consider many product attributes.

participate in word-of-mouth communication.

consider few sellers.

consider many brands.

engage in extensive information search.

Reference no: EM132270943

Questions Cloud

Gain competitive advantage from big data analytics : What are the different industries that could gain a competitive advantage from big data analytics?

Decision-making are outlined in career action plan : What four stages of decision-making are outlined in the Career Action Plan reading.

You train and motivate employees and minimize tardiness : How would you train and motivate employees, and minimize tardiness, absenteeism, and turnover?

Identify the key motives for international joint ventures : Identify the key motives for international joint ventures. Write and Explain and Elaborate in depth.

Statements accurately distinguishes between laws and ethics : Which of the following statements accurately distinguishes between laws and ethics? Gross domestic product refers to.

Used globalization to expand markets and profitability : Pick any organization you are familiar with and analyze ways they have successfully used globalization to expand markets and profitability.

Advantages-disadvantages of international strategic alliance : What are the advantages and disadvantages of international strategic alliances? How to select partners for cooperation.

How should responsible firm make these trade-offs : How should a responsible firm make these trade-offs? What steps can strategic leaders take to guide organizations on these challenging issues?

The purpose of the pilot run is to test : The Purpose of the Pilot Run is to test. The Define Stage of a DMAIC process is intended to:

User Account

All Pages