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As formal organizations, business corporations are distinguished by th
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04 Nov 2025, 03:04
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As formal organizations, business corporations are distinguished by their particular goals, which include maximization of profits, growth, and survival. Providing goods and services is a means to this end.If, for example, a number of individuals (outsiders or even insiders) believe that a company's aggressive marketing of infant formula in third world countries is morally wrong, the company is unlikely to be moved by arguments based on ethos alone as long as what it is doing remains profitable. But if those opposed to the company's practice organize a highly effective boycott of the company's products, their moral views will soon enter into the company's deliberations indirectly as limiting operating conditions. They can, at this point, no more be ignored than a prohibitive increase in the costs of certain raw materials.
1. According to the information in the passage, which of the following business corporations is achieving its primary goal?
A. A business corporation that takes every possible step to ensure that its customers are satisfied. B. A business corporation that spends a lot of money in hiring external consultants to devise growth strategies for the business. C. A business corporation that gives top-most priority to profitability.
2. Suppose a company is indulging in some unethical practice. Then, according to the information in the passage, under which of the following conditions is the company most likely to correct this practice?
A. If a group of consumers were to file a court case against the company. B. If a newspaper ran a campaign encouraging citizens not to purchase the products of the company. C. If the actions of the company were to lead to it being criticized in the international media.
Re: As formal organizations, business corporations are distinguished by th
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06 Nov 2025, 12:26
Carcass wrote:
kunleoshodi7 wrote:
Can you please clarify multi-select options in the future? Thank you so much!
What do you mean sir ? do you need an explanation or .....?
Thank you if you could clarify
Carcass , the questions with multiple-select options as answer. should be specified in bold , like - For the following question, consider each of the choices separately and select all that apply