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9. Social responsibility and managerial ethics a. are synonymous and used interchangeably. c. are relative easy...

9. Social responsibility and managerial ethics

a.

are synonymous and used interchangeably.

c.

are relative easy to assess.

b.

are related, but represent different concepts.

d.

None of the above.

   10.   Corporate Social Responsibility refers to the extent to which social responsibility is relevant in strategic decision-making.

a. True                                                             b. False

   11.   Regardless of the arguments for or against corporate social responsibility, it is generally good business and can stave off government regulation.

      a. True                                                                  b.   False

12. ___________________________ is defined as refers to the strategies and related processes that promote superior performance from both market and environmental perspectives.

      a. Strategic Management                                        b.    Strategies

      c. Sustainable Strategic Management                      d. Sustainable Corporate Social Responsibility

13. ___________________ is defined as takeovers that rely heavily on borrowed funds.

      a. Hostile takeover                                                 b.   Offshoring

      c. Outsourcing                                                      d. Leveraged Buyout

14. ___________________ is defined as purchase of a controlling quantity of shares of a firm by an individual, a group of investors, or another organization.

      a. Takeover                                                          b.   Offshoring

      c. Outsourcing                                                      d. Leveraged Buyout

15. ____________________ is defined as contracting out a firm’s non-core, non-revenue-producing activities to other organizations primarily to reduce costs.

      a. Takeover                                                           b.   Offshoring

      c. Outsourcing                                                      d. Leveraged Buyout

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Answer #1

Answering the first four questions as per Chegg policy

Answer 9: Option B

Explanation: Social responsibility refers to the responsibility of the firm to give back to the environment in which they operate. Managerial ethics is the study of ethics while working in an organizational environment involving different stakeholders. They both are related but they represent different concepts.

Answer 10: TRUE

Explanation: Social responsibility refers to the responsibility of the firm to give back to the environment in which they operate. It is the extent to which the corporate decisions are aligned with the CSR objectives.

Answer 11: TRUE

Explanation: It is generally good for the business to involve in CSR activities as it is a good practice to pursue and it can prevent any unfavorable regulatory action.

Answer 12: Option C

Explanation: Sustainable strategic management is the strategy that promotes superior performance and also considering environment perspective.

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