Regarding the Quality of Design, Production, and Distribution of Products

question 201

Multiple Choice

Regarding the quality of design, production, and distribution of products, an ethical requirement for management is to:

• A) determine whether any of the organization's stakeholders are being wronged by poor quality products.
• B) gain ISO 9000 certification for the organization.
• C) obtain a product safety certificate from the Consumer Product Safety Commission.
• D) have the organization's legal staff write disclaimers in the product instruction booklets.
• E) compare the cost of product liability to the external failure cost.

Comprehend the concept of stakeholder audit and its scope beyond financial stakeholders.

Recognize the importance of adopting a strategic approach to social responsibility in contemporary business practices.

Gain insight into corporate charity and its implications for altruism and business strategy.

Understand the concept of the iron law of responsibility and its implications for long-term business sustainability.

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Definitions:

Relative Size

A perceptual cue that allows the brain to determine the size of an object in relation to others, aiding in the perception of depth and distance.

Ponzo Illusion

A visual illusion where two lines of the same length appear different in length due to converging parallel lines.

Müller-Lyer Illusion

A visual illusion in which two lines of the same length appear to be of different lengths due to the placement of arrow-like figures at the ends.

Horizontal-Vertical Illusion

A visual illusion where the perception of length is distorted; horizontal segments appear longer than vertical ones of the same length.