Ethical and Strategical Challenges MCQs
Ethical and Strategical Challenges MCQs
Answer these 10+ Ethical and Strategical Challenges MCQs and see how sharp is your knowledge of Ethical and Strategical Challenges.
Scroll down and let's start!
1: Base of pyramid is an approach to business in which companies seek to earn profits by providing goods and services, and in some cases _____ to the world’s poorest people.
A. Employment
B. Economic empowerment
C. Economic development
D. All of the above
2: Creating shared value is an approach to business in which companies deploy their core resources and capabilities to create value for _____ simultaneously.
A. Shareholders
B. Society
C. Government
D. Both a and b
3: An approach to business in which companies, governments, and nongovernmental organizations work together to use capitalism to address grand challenges is called
A. Shareholder Capitalism
B. Managerial Capitalism
C. Creative Capitalism
D. All of the above
4: Creative capitalism is an approach to business in which _____ work together to use capitalism to address grand challenges.
A. Companies
B. Governments
C. Nongovernmental organization
D. All of the above
5: Complex global problems affect the well being of many people .
A. True
B. False
6: Innovations that produce products and services that _____ existing industries.
A. Disrupt
B. Destroy
C. Interrupt
D. All of the above
7: Which statement is true about Precautionary principle?
A. New technologies that have uncertain consequences should be undertaken.
B. New technologies that have uncertain consequences should not be undertaken.
C. New technologies that have certain consequences should be undertaken.
D. New technologies that have certain consequences should not be undertaken.
8: Companies taking the ______ strategically engage in a set of activities that simultaneously benefits many stakeholders, including shareholders.
A. Base of the pyramid approach
B. Shared value approach
C. Industry-transforming entrepreneurship approach
D. Population ecology approach
9: Strategic decision-making to address grand challenges is essentially ______.
A. Ethical decision-making
B. Pure rationality
C. Myopic thinking
D. Bounded rationality
10: A(n) ______ is a complex global problem impacting many people and that can only be addressed through widespread coordination.
A. Ethical dilemma
B. Grand challenge
C. Moment of truth
D. Moral quandary
11: The Sustainable Development Goal is to ______.
A. Offer products that are endorsed by the United Nations
B. Erase the debt of all international companies
C. Ensure sustainable consumption and production patterns
D. Reduce the negative economic impact of ethical business practices
12: To use the oceans, seas, and marine resources conservatively and sustainably for sustainable development is SDG ______.
A. 3
B. 7
C. 10
D. 14
13: Understanding what principles should serve as criteria for decision-making, which is step ______ of the weight of reasons framework, can also be complicated because important ethical principles can sometimes come into conflict in addressing a grand challenge.
A. 3
B. 4
C. 5
D. 6
14: Bill Gates, Prahalad, and Hart holds that ______ are likely to be better than ______ in assisting the poor to rise above their privation.
A. Individuals, corporations
B. Individuals, governments
C. Governments, corporations
D. Corporations, governments
15: One of the reasons that corporations should emphasize people at the base of the pyramid is ______.
A. The opportunity to provide assistance to the EU
B. Networking with competitors
C. The ability to develop oligopolies in member nations
D. Enhanced brands and reputations
16: Scholarship on the ______ traces back to a 2002 article by C.K. Prahalad and Stuart Hart.
A. Shared value approach
B. Institutional model
C. Base of pyramid approach
D. Corporate social responsibility pyramid
17: Microsoft founder and billionaire businessman, Bill Gates, under the rubric of ______ has taken up many of Prahalad’s and Hart’s ideas associated with the base of pyramid approach.
A. Interactive networking
B. Cross-purpose partnering
C. Shared value doctrine
D. Creative capitalism
List of Ethical and Strategica...
Available in:
Ethical and Strategical Challenges MCQs
