Archie Carroll Proposes That Managers in Companies Have Four Responsibilities

question 89

True/False

Archie Carroll proposes that managers in companies have four responsibilities: economic,legal,ethical,and discretionary.

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Definitions:

Benefits

Advantages or payments provided to individuals or groups, often from employers, government, or insurance, including health benefits, unemployment benefits, etc.

Costs

The value of resources used in the production of goods and services, often measured in terms of money expended.

Aging Population

Refers to a demographic shift where the proportion of older individuals in a population increases significantly.

Medical Insurance Benefits

Financial protection provided by health insurance plans against medical expenses incurred from illness or injury.