Which of the Following Enables Managers to Walk Away from a Decision

question 46

Multiple Choice

Which of the following enables managers to walk away from a decision that is profitable, but unethical?

• A) Noblesse oblige
• B) Moral courage
• C) The difference principle
• D) The Friedman doctrine

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Definitions:

Focused Strategy

A business approach where a firm chooses to target a specific market niche, concentrating its resources on serving that segment to the exclusion of others.

Product Design

The process of creating a new product to be sold to customers, considering its form, function, and usability.

Functional Design

The aspect of designing that focuses on the practical and operational use of an object, ensuring it effectively fulfills its intended purpose.

Self-contained Units

Independent or autonomous units, often referring to organizational departments, housing, or equipment, that operate or function without the need for external inputs.