MGT 498 Final Exam

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C.


social flexibility


D.


managerial responsibility


E.


profit maximization


6) Who said that the social responsibility of business is a "fundamentally subversive doctrine" and that the one social responsibility of business is "to use its resources and engage in activities designed to increase its profits so long as it stays with the rules of the game..."?


A.


Adam Smith


B.


Edward Freeman


C.


Archie Carroll


D.


William C. Norris


E.


Milton Friedman


7) Which of the following is NOT descriptive of external environmental scanning?


A.


Used as a tool to ensure a corporation's long-term health


B.


Used to monitor, evaluate, and disseminate information from the external environment to key people within the corporation


C.


Used to identify opportunities and threats


D.


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