When Making Decisions, Managers Often Have to Decide Between Doing

question 81

Multiple Choice

When making decisions, managers often have to decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

• A) evaluate its quarterly profit statement from an ethics standpoint.
• B) cut back on staff and staff benefits to meet the firm's immediate, short-term goals.
• C) develop a short-terms solution to meet the long-term needs of society.
• D) align the short-term goals of each employee with the long-term, overriding goals of the firm.
• E) continue to adhere to all the legal standards set forth by the industry.

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Definitions:

Psychodynamic Perspective

A view in psychology that emphasizes systematic study of the psychological forces underlying human behavior, feelings, and emotions and how they might relate to early experience.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing the role of environmental factors in shaping behavior.

Interpersonal Psychotherapy

A time-limited, focused psychotherapy treatment that aims to improve interpersonal relationships and alleviate depressive symptoms.

Socioculturalism

The theory that social and cultural contexts play a significant role in influencing human behavior and cognitive processes.