STR 581 Week 1 knowledge check 100%.docx

Feb 3rd, 2012
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1. Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach? 2. The most critical quality of ethical decision making is 3. What do strategic managers call a flow of information through interrelated stages of analysis toward the achievement of an aim? 4. According to stakeholder theory, in a survey of over 2000 directors from over 290 U.S. companies, which of these stakeholders was perceived to be least important? 5. Which of the following strategic decision makers implement the overall strategy? 6. The strategic decision makers in the firm are responsible for 7. This statement of a company’s philosophy usually appears within the mission statement and specifies basic beliefs of a firm. 8. Of the three levels of strategy that are part of an organizations decision-making hierarchy, which level develops annual objectives and short-term strategies in such areas as production, operations, and rese

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