Managers at a well-known company sold their stock in advance of other stockholders because they knew that their company's performance was about to fall. This demonstrates the ________ approach to social responsibility.
A. reactive
B. defensive
C. accommodative
D. proactive
E. obstructionist
Answer: B
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Indicate whether the statement is true or false
The business proposal document prepared by the salesperson after a group sales presentation should be:
A. viewed as a customer reference source. B. written on company stationery. C. an identical script of the sales presentation. D. used as a substitute for a presentation. E. less than ten pages.
Code of ethics:
a. should not include guidelines for day-to-day activities. b. should exclusively include laws and regulations set by government agencies. c. should not be too detailed. d. should not be designed to guide decision making.
A firm that achieves superior performance relative to other firms in the same industry or the industry average has a(n)
A. competitive advantage. B. equity leverage. C. balanced scorecard. D. power position.