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Strategic Management and Ethical Decision-Making: A Comprehensive Review of Key Concepts and Principles

This paper reviews key concepts and principles in strategic management and ethical decision-making, focusing on their importance in business success.

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Strategic Management and Ethical Decision-Making: A Comprehensive Review of KeyConcepts and PrinciplesFor the past 28 years, ABC, Inc. has made a significant investment of time, money, and otherresources to increase the literacy rate in adultAmericans. This represents which of theseprinciples of successful collaborative social initiatives?A. Weigh government influence.B. Identify a long-term durable mission.C. Assemble and value the total package of benefits.D. Leverage core capabilities.2.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?A. GovernmentB. EmployeesC. StockholdersD. Society3.Which law revised and strengthened auditing and account standards?A. Truth in Lending Act of 1968B. National Environmental Policy Act of 1969C. Federal Fair Trade Act of 1986D. Sarbanes-Oxley Act of 20024.Which of these is true about Sarbanes-Oxley Act of 2002?A. The directors and executive officers are required to trade the company's 401(k) plan,profit sharing plan and retirement plan during the blackout period

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