MNG2601
Study online at https://quizlet.com/_jn1miq
1. What are the three principles of respon- Sustainability, Responsibility, Ethics
sible management?
2. Which principle focuses on stakeholder Responsibility
engagement and stakeholder value?
3. What is sustainability? To maintain, preserve and support over time
4. What is ethics? Standards of right and wrong behaviour
5. What is an example of informal manage- Corporate culture
ment of business ethics?
6. What is an example of formal manage- Code of ethics
ment of business ethics?
7. What is the first question in ethical deci- Is it legal?
sion-making?
8. Milton Friedman's view of CSR? Narrow view of corporate social responsibility
9. What document describes organisation- Code of ethics
al values?
10. Responsible management is built on Sustainability, Responsibility and Ethics
which three principles?
11. What is an internal environment vari- Mission, objectives, resources or organisa-
able? tional culture
12. What is an external environment vari- Economy, customers, government or physical
able? environment
13. Coronavirus originated from which envi- Social environment
ronment?
1/8
, MNG2601
Study online at https://quizlet.com/_jn1miq
14. What are internal stakeholders? People inside the organisation such as man-
agers and employees
15. What are external stakeholders? Customers, suppliers, government and com-
munities
16. What is a threat in SWOT? An external factor that may negatively affect
the organisation
17. What is an opportunity in SWOT? An external factor that may positively affect the
organisation
18. What is a strength in SWOT? An internal advantage
19. What is a weakness in SWOT? An internal limitation
20. What is management? Working with and through others to achieve
organisational goals
21. What are the four management func- Planning, Organising, Leading and Control-
tions? ling
22. What is planning? Determining goals and deciding how to
achieve them
23. What is organising? Arranging resources and tasks to achieve goals
24. What is leading? Influencing and motivating employees
25. What is controlling? Measuring performance and taking corrective
action
26. What is a vision? What the organisation wants to become in the
future
2/8
Study online at https://quizlet.com/_jn1miq
1. What are the three principles of respon- Sustainability, Responsibility, Ethics
sible management?
2. Which principle focuses on stakeholder Responsibility
engagement and stakeholder value?
3. What is sustainability? To maintain, preserve and support over time
4. What is ethics? Standards of right and wrong behaviour
5. What is an example of informal manage- Corporate culture
ment of business ethics?
6. What is an example of formal manage- Code of ethics
ment of business ethics?
7. What is the first question in ethical deci- Is it legal?
sion-making?
8. Milton Friedman's view of CSR? Narrow view of corporate social responsibility
9. What document describes organisation- Code of ethics
al values?
10. Responsible management is built on Sustainability, Responsibility and Ethics
which three principles?
11. What is an internal environment vari- Mission, objectives, resources or organisa-
able? tional culture
12. What is an external environment vari- Economy, customers, government or physical
able? environment
13. Coronavirus originated from which envi- Social environment
ronment?
1/8
, MNG2601
Study online at https://quizlet.com/_jn1miq
14. What are internal stakeholders? People inside the organisation such as man-
agers and employees
15. What are external stakeholders? Customers, suppliers, government and com-
munities
16. What is a threat in SWOT? An external factor that may negatively affect
the organisation
17. What is an opportunity in SWOT? An external factor that may positively affect the
organisation
18. What is a strength in SWOT? An internal advantage
19. What is a weakness in SWOT? An internal limitation
20. What is management? Working with and through others to achieve
organisational goals
21. What are the four management func- Planning, Organising, Leading and Control-
tions? ling
22. What is planning? Determining goals and deciding how to
achieve them
23. What is organising? Arranging resources and tasks to achieve goals
24. What is leading? Influencing and motivating employees
25. What is controlling? Measuring performance and taking corrective
action
26. What is a vision? What the organisation wants to become in the
future
2/8
