STR 581 Week 1 Quiz
1. The strategic decision makers in the firm are responsible for
the firm’s accounting practices
daily operations
rewards
the firm’s mission
Correct
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?
Utilitarian approach
Social justice approach
Moral rights approach
Business ethics approach
Correct
3. Which level of strategy uses a portfolio approach?
Corporate
Business
Functional
Operational
Correct
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, 4 . For the past 28 years, ABC, Inc. has made a significant investment of time, money, & other
resources to increase the literacy rate in adult Americans. This represents which of these
principles of successful collaborative social initiatives?
Assemble & value the total package of benefits.
Identify a long-term durable mission.
Leverage core capabilities.
Weigh government
influence.
Correct
5. This statement presents the firm’s strategic intent that focuses the energies & resources of
the company on achieving a desirable future.
Mission statement
Company statement
Vision statement
Values statement
Correct
6. Judging the appropriateness of a particular action based on equity, fairness, & impartiality
in the distribution of rewards & costs among individuals & groups is what ethics approach
used by managers?
Utilitarian approach
Business ethics approach
Moral rights approach
Social justice approach
This study source was downloaded by 100000861168648 from CourseHero.com on 04-18-2023 06:45:30 GMT -05:00
https://www.coursehero.com/file/42095340/STR-581-Week-1-Quizdoc/
1. The strategic decision makers in the firm are responsible for
the firm’s accounting practices
daily operations
rewards
the firm’s mission
Correct
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?
Utilitarian approach
Social justice approach
Moral rights approach
Business ethics approach
Correct
3. Which level of strategy uses a portfolio approach?
Corporate
Business
Functional
Operational
Correct
This study source was downloaded by 100000861168648 from CourseHero.com on 04-18-2023 06:45:30 GMT -05:00
https://www.coursehero.com/file/42095340/STR-581-Week-1-Quizdoc/
, 4 . For the past 28 years, ABC, Inc. has made a significant investment of time, money, & other
resources to increase the literacy rate in adult Americans. This represents which of these
principles of successful collaborative social initiatives?
Assemble & value the total package of benefits.
Identify a long-term durable mission.
Leverage core capabilities.
Weigh government
influence.
Correct
5. This statement presents the firm’s strategic intent that focuses the energies & resources of
the company on achieving a desirable future.
Mission statement
Company statement
Vision statement
Values statement
Correct
6. Judging the appropriateness of a particular action based on equity, fairness, & impartiality
in the distribution of rewards & costs among individuals & groups is what ethics approach
used by managers?
Utilitarian approach
Business ethics approach
Moral rights approach
Social justice approach
This study source was downloaded by 100000861168648 from CourseHero.com on 04-18-2023 06:45:30 GMT -05:00
https://www.coursehero.com/file/42095340/STR-581-Week-1-Quizdoc/
