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Answer true difficulty moderate learning obj 35

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Answer:TRUEDifficulty:ModerateLearning Obj.:3.5: Describe different views of ethics according to the utilitarian, individualrights, and justice approachesAACSB:Ethical understanding and reasoning103) Discuss the three basic approaches to ethical behavior.Answer:The three basic approaches to ethical behavior are the utilitarian approach, theindividual rights approach, and the justice approach. The utilitarian approach proposes thatactions and plans should be judged by their consequences. People should, therefore, behave insuch a way that will produce the greatest benefit to society and produce the least harm or thelowest cost. The individual rights approach proposes that human beings have certain fundamentalrights that should be respected in all decisions. The justice approach proposes that decisionmakers be equitable, fair, and impartial in the distribution of costs and benefits to individuals andgroups.Difficulty:DifficultLearning Obj.:3.5: Describe different views of ethics according to the utilitarian, individualrights, and justice approachesAACSB:Ethical understanding and reasoning
Strategic Management and Business Policy, 15e(Wheelen et al.)Chapter 4Environmental Scanning and Industry Analysis1) The combination of the degree of complexity and the degree of change existing in anorganization's external environment is/are calledA) strategic factors.B) strategic issues.C) environmental uncertainty.D) strategic fit.E) scenarios.Answer:CDifficulty:EasyLearning Obj.:4.1: List the aspects of an organization's environment that can influence its long-term decisionsAACSB:Application of knowledge2) According to the text, one reason environmental uncertainty is a threat to strategic managers isbecauseA) it is a costly and time-consuming process.B) it creates a new playing field in which creativity and innovation can play a major part instrategic decisions.C) it forces the strategic manager to be more stable.D) it hampers their ability to develop long-range plans and make strategic decisions.E) there are too many uncontrollable variables.Answer:DDifficulty:ModerateLearning Obj.:4.1: List the aspects of an organization's environment that can influence its long-term decisionsAACSB:Analytical thinking3) Which of the following isnotdescriptive of external environmental scanning?A) used as a tool to ensure a corporation's long-term healthB) used to monitor, evaluate, and disseminate information relevant to the organizationaldevelopment of strategyC) used to identify major stockholdersD) used as a tool for corporations to avoid strategic surpriseE) used to determine a firm's competitive advantageAnswer:CDifficulty:ModerateLearning Obj.:4.1: List the aspects of an organization's environment that can influence its long-term decisionsAACSB:Application of knowledge

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Term
Spring
Professor
DR. Kaled Hafez
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