You have the chance to interview the leader of a medium-sized (SME) engineering company from Poland. He tells you that responsible management is only a topic for bigger companies and that only companies from economically developed countries should engage in such costly "add-ons.". Which of the following answers would be untrue?

Question

a. SMEs are increasingly asked by their clients to comply with social, environmental, and ethical standards.
b. SMEs only account for a very minor percentage of business and economic activity, so in the big picture, it really does not matter too much if they engage in responsible management activities.
c. Studies have shown that CEOs in regions with developing countries are more aware of the importance of responsible management than CEOs in regions with mainly developed countries.
d. Responsible management practices are often even more important in economically developing than in economically developed countries.

Answer 1

B