Microsoft founder and billionaire businessman, Bill Gates, under the rubric of ______ has taken up many of Prahalad’s and Hart’s ideas associated with the base of pyramid approach.
Answer
Correct Answer:
Creative capitalism
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Scholarship on the ______ traces back to a 2002 article by C.K. Prahalad and Stuart Hart.
Answer
Correct Answer:
Base of pyramid approach
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One of the reasons that corporations should emphasize people at the base of the pyramid is ______.
Answer
Correct Answer:
Enhanced brands and reputations
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Bill Gates, Prahalad, and Hart holds that ______ are likely to be better than ______ in assisting the poor to rise above their privation.
Answer
Correct Answer:
Corporations, governments
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Understanding what principles should serve as criteria for decision-making, which is step ______ of the weight of reasons framework, can also be complicated because important ethical principles can sometimes come into conflict in addressing a grand challenge.
Answer
Correct Answer:
5
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To use the oceans, seas, and marine resources conservatively and sustainably for sustainable development is SDG ______.
Answer
Correct Answer:
14
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The Sustainable Development Goal is to ______.
Answer
Correct Answer:
Ensure sustainable consumption and production patterns
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A(n) ______ is a complex global problem impacting many people and that can only be addressed through widespread coordination.
Answer
Correct Answer:
Grand challenge
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Strategic decision-making to address grand challenges is essentially ______.
Answer
Correct Answer:
Ethical decision-making
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Companies taking the ______ strategically engage in a set of activities that simultaneously benefits many stakeholders, including shareholders.
Answer
Correct Answer:
Shared value approach
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Which statement is true about Precautionary principle?
Answer
Correct Answer:
New technologies that have uncertain consequences should not be undertaken.
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Innovations that produce products and services that _____ existing industries.
Answer
Correct Answer:
All of the above
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Complex global problems affect the well being of many people .
Answer
Correct Answer:
True
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Creative capitalism is an approach to business in which _____ work together to use capitalism to address grand challenges.
Answer
Correct Answer:
All of the above
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An approach to business in which companies, governments, and nongovernmental organizations work together to use capitalism to address grand challenges is called
Answer
Correct Answer:
Creative Capitalism
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Creating shared value is an approach to business in which companies deploy their core resources and capabilities to create value for _____ simultaneously.
Answer
Correct Answer:
Both a and b
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Base of pyramid is an approach to business in which companies seek to earn profits by providing goods and services, and in some cases _____ to the world’s poorest people.
Answer
Correct Answer:
All of the above
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