How Do Today's Financial Managers Generally Feel About Treating Customers

question 138

Multiple Choice

How do today's financial managers generally feel about treating customers, employees, suppliers, creditors, and other stakeholders with fairness and respect?

• A) They feel it often helps the firm build value for its owners.
• B) They feel it is a job best left to other departments within the organization.
• C) They feel it may be important from an ethical perspective but has little to do with meeting the firm's financial objectives.
• D) They feel it is a more important goal than increasing the value of the firm to its owners.

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Definitions:

Cognitive Developmental Task

Activities or challenges that promote cognitive growth and development, tailored to an individual's age and stage of cognitive maturation.

Young Adulthood

A life stage occurring approximately from the late teens to the early thirties, characterized by exploration, independence, and the formation of intimate relationships.

Responsibility

The state or fact of being accountable or to blame for something, carrying a duty or obligation to act.

Postformal Thought

A stage in cognitive development suggesting that adults can think in ways that are more complex and flexible than what was previously described in Piaget's final stage.