STR 581 help A Guide to career/uophelp.com STR 581 help A Guide to career/uophelp.com | Page 40

8. Judging the appropriateness of a particular action based on equity,
fairness, and impartiality in the distribution of rewards and costs
among individuals and groups is what ethics approach used by
managers?
9. A broadly framed but enduring statement of a firm’s intent is
defined as the company
10. This statement of a company’s philosophy usually appears within
the mission statement and specifies basic beliefs of a firm.
11. This statement presents the firm’s strategic intent that focuses the
energies and resources of the company on achieving a desirable future.
12. The strategic decision makers in the firm are responsible for
13. The idea that businesses have a duty to serve society as well as
the financial interest of stockholders is called
14. Which of the following strategic decision makers implement the
overall strategy?
15. Which level of strategy uses a portfolio approach?