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STR 581 Week 1 Quiz




1. The strategic decision makers in the firm are responsible for;2.Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach?;3. Which level of strategy uses a portfolio approach?;4. For the past 28 years, ABC, Inc. has made a significant investment of time, money, and other resources to increase the literacy rate in adult Americans. This represents which of these principles of successful collaborative social initiatives?;5. This statement presents the firm?s strategic intent that focuses the energies and resources of the company on achieving a desirable future.;6. Judging the appropriateness of a particular action based on equity, fairness, and impartiality in the distribution of rewards and costs among individuals and groups is what ethics approach used by managers?;7. What do strategic managers call a flow of information through interrelated stages of analysis toward the achievement of an aim?;8. Of the three levels of strategy that are part of an organizations decision-making hierarchy, which level develops annual objectives and short-term strategies in such areas as production, operations, and research and development, finance and accounting, marketing, and human relations?;9. Which of the following strategic decision makers implement the overall strategy?;10..The idea that businesses have a duty to serve society as well as the financial interest of stockholders is called;11. The behavioral consequences of strategic management are similar to those of;12..The most critical quality of ethical decision making is;13. According to stakeholder theory, in a survey of over 2000 directors from over 290 U.S. companies, which of these stakeholders was perceived to be least important?;14.Which of these is true about Sarbanes-Oxley Act of 2002?;15. A broadly framed but enduring statement of a firm?s intent is defined as the company;16. A major consequence of the Sarbanes-Oxley Act of 2002 has been the;17. This statement of a company?s philosophy usually appears within the mission statement and specifies basic beliefs of a firm.;18. Which law revised and strengthened auditing and account standards?


Paper#73625 | Written in 18-Jul-2015

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