Answer:
TRUE
Explanation:
A financially responsible person has complete control of their finances. These people usually build a fund for unforeseen situations such as unemployment or an illness. Thus, responsible people have an ability to react quickly to problems. These people also know how to keep track of their investments. If a problem occurs in an investment, such as stocks, the financially responsible person will be able to reallocate their resources quickly to minimize their losses.
Answer: The answer is Customer Orientation.
Explanation:
Customer orientation is defined as the process whereby companies focus on determining all the needs of their customers, even as the needs change, in order to be able to design their products and services to meet the dynamic needs of their customers.
Customer orientation is important because it helps to identify customers' real needs, and satisfy them better than competitors. This is a guarantee that a company will retain its customers.
Complete Question:
check the first three files attached
Answer:
The fourth file gives a breakdown of the answers
Managers often use a(n) utilitarian approach when making organizational decisions - using financial performance such as profit as the best definition of what constitutes an ethical choice for the company.
<u>Explanation:</u>
When decisions are taken by taking benefits and the costs that are associated with stakeholders into consideration is an utilitarian approach. The main thing that is considered in this approach for taking any decision is consideration of the outcome and net result of the action that is to be taken.
It aims in taking an action that has greater good for many number of people and less harm for lesser number of people. It considers both the people who gets benefits and those people who suffer from the decision. It mainly focus on choosing an alternate that is more ethical and produces a good balancing of benefits than harm.
