The Manager Is Faced with the Dilemma of Doing What

question 121

Multiple Choice

The manager is faced with the dilemma of doing what is beneficial for the firm in the short run and doing what is right and beneficial for the firm and society in the long run.To address this conflict, the firm's:

• A)quarterly profit statement needs to be ethically evaluated.
• B)long-term goals must be stated in general terms so that they do not interfere with its short-term goals.
• C)management and employees must think about the needs of society ahead of the needs of the company.
• D)long-term goals must be aligned with its short-term goals.
• E)competitive advantage must be passed on to the competing firm.

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Definitions:

Affective Component

Part of an attitude that involves an individual’s feelings or emotions about the attitude object.

Behavioural Component

Aspects of psychology that involve observable actions and responses of individuals or organisms in their environment.

Richard LaPiere

A social psychologist known for his work in attitudes, particularly the attitudes-behavior discrepancy demonstrated through his landmark study on racial discrimination.

Attitudes

Enduring sets of beliefs or feelings about people, objects, or situations that predispose individuals to react in a particular way.