Question

25.

Which is not a common reason a firm may select a stability strategy?

		The firm may risk prosecution for monopolistic practices.
		Costs associated with growth may exceed the benefits.
		Growth may compromise customer service.
		All of the above are common reasons.

26.

Which of the following might represent the goals of customers?

		The company should provide high quality products and services at the most reasonable prices possible.
		The company should maintain a healthy financial posture and a policy of on-time payment of debt
		The company should produce a higher-than-average return on equity.
		The company should provide goods and services with minimum environmental costs, increase employment opportunities, and contributing to social and charitable causes.

31.

Which view of ethics suggests that decisions should be based on existing norms of behavior, including cultural, community, or industry factors?

		rights view
		cultural view
		religious view
		None of the above.

Answer 1

Answer 25: Option D

Explanation: All the given options are common reasons for a firm to pursue a stability strategy.

Answer 26: Option A

Explanation: The goal of the customer is to have high-quality products from the firm and that too on the most reasonable prices so that they can consume as per their requirements within their budget.

Answer 31: Option B

Explanation: The cultural view of ethics suggests to base the decisions on existing norms of behavior including community, industry and the culture.