An Academic Question (Scenario)

question 74

Multiple Choice

An Academic Question (Scenario)
As a university student, you wonder about some of the practices in the university and just how some of these practices should be evaluated in reference to social issues.
-If your university were paying minimum wage when necessary and applying the minimum standard to laws, it would be said to have fulfilled its ________.

• A) social responsibility
• B) social obligation
• C) social responsiveness
• D) social expectation

Understand the characteristics and development of organizational vision.

Identify strategies and approaches for implementing major organizational changes.

Recognize the stages and models in the process of organizational change.

Understand the concept of learning organizations and strategies for fostering them.

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Definitions:

Insurance Exchanges

Government-regulated markets for health insurance in which individuals seeking to purchase health insurance to comply with the personal mandate of the Patient Protection and Affordable Care Act (PPACA) of 2010 will be able to comparison shop among insurance policies approved by regulators. Each state will have its own exchange.

Government-set Standards

Regulations established by government bodies to ensure quality, safety, and fairness in the production, provision, or use of goods and services.

Efficiency Loss

The loss of economic efficiency that occurs when the competitive equilibrium in a market is not achieved or is distorted.

Health Insurance

An insurance policy designed to cover costs related to medical care, including surgery, prescriptions, and occasionally dental treatments for the policyholder.