Hi-Fly, Inc

question 143

Multiple Choice

Hi-Fly, Inc. was accused of discharging residue from its production processes into a nearby pond on the company's premises. When challenged about this, the owner said, "We own the pond, and we can do whatever we want on our private property." Which of the following approaches to social responsibility does this attitude indicate?

• A) Obstructionist
• B) Accommodative
• C) Defensive
• D) Proactive
• E) Private property rights

Recognize the importance of intellectual capabilities and diversity within the workforce.

Comprehend the foundational rights and management principles in the private enterprise system.

Grasp the importance of relationship management in building business ties.

Understand the economic and social responsibilities of businesses in society.

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Definitions:

Customer-Oriented Approach

A business strategy that focuses on creating a positive experience for customers, prioritizing their needs and satisfaction.

Customer Needs

The wants and requirements that customers expect to be fulfilled by a product or service.

Supply of Labor

The total number of individuals available to work, considering factors like economic conditions, demographics, and employment rates.

Decision Support System

A computer-based information system that supports business or organizational decision-making activities, providing helpful data, documents, and tools for making informed choices.