Managerial Economics and Ethics - Corporate Social Responsibility Questions

Banks

Business and Shareholder itself

Suppliers

Foreign investors

Human values system plays a vital role in total quality management

Values give the real meaning to total quality management effort

Total quality management is a corporate management strategy

All of the above

The upper limits of ethical standards are set by individual standards

The laws of economically developed countries generally define the lowest common denominator of acceptable behavior

The actual degree of enforcement of the law in an underdeveloped country would determine the lower limit of permissible behavior

All of the above

pressure from higher management to achieve goals

an organizational atmosphere that condones such behavior

both (a) & (b)

a system of checks and balances