Which of the Following Is Not an Advantage of Written

question 26

Multiple Choice

Which of the following is not an advantage of written and implied policies?

• A)Policy statements are a means for executive management to communicate its leadership and views.
• B)Policies provide a framework for consistent decision making and action.
• C)Policies are very easy to communicate throughout an organization.
• D)Policies help ensure that personnel act in a manner consistent with executive or functional management's expectations.
• E)High level policy statements provide guidance to employees at all levels.

---

Definitions:

Corporate Social Responsibility (CSR)

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Long-Term Profitability

The ability of a company to generate a consistent profit over an extended period, indicating financial health and sustainable business practices.

Tiered Pricing

A pricing strategy where a company offers different prices for the same product or service based on certain criteria, such as quantity purchased.

Aggressive Pricing

A strategy where products or services are offered at low or reduced prices to attract customers, gain market share, or drive competitors out of the market.