WorldCom Gave Managers Stock Options and Bonuses Even When the Company

question 46

Multiple Choice

WorldCom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other stockholders. This illustrates the ________ approach to social responsibility.

• A)accommodative
• B)proactive
• C)defensive
• D)obstructionist
• E)offensive

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Definitions:

Standing Order

A pre-established directive that authorizes actions to be taken or procedures to be followed under certain conditions without the need for further approval.

Non-programmed Decision Making

Non-programmed decision making involves tackling novel, unstructured problems requiring unique solutions, often in high-stakes or uncertain situations.

Well-structured Problems

Pertains to problems that have clearly defined parameters and solutions, often with known methods for solving them.

Routine Decision

Choices or judgments made during regular, day-to-day activities that are often repetitive and require minimal thought.