Question: When making decisions, managers often have to decide between doing what is beneficial for themselves (and possibly the firm) in the short run and doing

When making decisions, managers often have to decide between doing what is beneficial for themselves (and possibly the firm) in the short run and doing what is right and beneficial for the firm and for society in the long run. To address this conflict, conscious marketing must Multiple Choice adhere rigidly to legal standards in its industry. always put society's needs ahead of the firm's needs. align the short-term goals of each employee with the long-term, overriding goals of the firm. evaluate its quarterly profit statement from an ethics standpoint. state its long-term goals in general terms, so as to not interfere with managers' short-term goals

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!