In a Joint Venture Between Large and Small Businesses, Large

question 113

Multiple Choice

In a joint venture between large and small businesses, large businesses can provide all of the following except:

• A) sales staff.
• B) research staff.
• C) financial resources.
• D) distribution channels.
• E) top level management.

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Definitions:

Pyramid Of Social Responsibility

Refers to a theoretical model outlining the hierarchy of social responsibilities that a company should adhere to, from fundamental economic responsibilities to philanthropic responsibilities.

Legal Responsibilities

Obligations that individuals or organizations have to act in accordance with laws and regulations.

Codes Of Conduct

Written guidelines that outline ethical standards, expectations, and practices for behavior within an organization or profession.

Ethical Climate

The collective moral attitudes, standards, and values that shape the behavior, practices, and decision-making within an organization.