Under value proposition, what are the three subheadings to complete the square?
Products and services, gain creators and pain releavers
100
On the imbalance and balance circle, responsible enterprise is concerned with __________
Legitimate needs of all stakeholders
100
Joe works for McDonalds. He notices that fewer and fewer people are coming into their store and he is worried that he will lose his job. Because Joe can be affected this way, he is a ________.
Primary Stakeholder
100
Immediate reversals, wide spread regeneration, and consequential reforms are aspects of what?
Radical Renewal
200
On the sector circle, why is the plural sector located at the bottom of the circle?
The plural sector would be located at the bottom because it's associations tend to be rooted in the ground; all of us ARE the plural sector.
200
For a franchise such as McDonalds, what are 3 examples of key partners that McDonalds is in contact with?
Examples: farmers, companies that supply condiments, banks, companies that supply cutlery etc.
200
On the imbalance and balance circle, engaging democracy seeks ________
Widespread involvement of the citizenry
200
The air we breathe or the water shared by farmers are examples of what?
Common Property
200
The intangible costs from each person throwing away their garbage is an example of what?
Externality
300
If each employee of a retail store owns a single share of the company, what type of ownership is present?
Cooperative
300
Under customer segment, what are the three subheadings to complete the circle?
Gains, pains and customer jobs
300
How can engaging democracy, responsible enterprise, and plural inclusion rebalance society?
They can rebalance society if they all work together. None can individually rebalance society alone.
300
Foundations, clubs, religious orders, think tanks and NGOs are all owned by who?
No one
300
Adam Smith said, "Companies will be allowed to make money as best they can in the belief that the ___________ will direct them to more or less the right place."
Invisible hand
400
Why do communists not like the plural sector?
Each independent company is thought as a threat to their power
400
What is a customer job at a clothing store?
Examples: Standing in line to purchase clothing, comparing prices, trying on clothes, etc.
400
Who would effective democracy balance the needs of?
Individuals, communal and collective needs
400
What hypocrisy exists between governments and businesses?
Governments cannot meddle in business affairs, yet businesses can meddle in government affairs
400
What are Mary Parkers 3 ways to deal with conflict?
Domination, Compromise and Integration
500
The private sector refers to political, the plural sector refers to social as the private sector refers to ________
Economic
500
Personal assistance, dedicated personal assistance, self service and automated services are all examples of types of ______
Customer Relationships
500
Which political group clamoured the unfettered personal and economic freedom, no matter what the cost was to society?
Liberals
500
John owns a grocery store. He is responsible for paying $300 a month in utilities, $500 in insurance, $400 in property taxes and also is required to pay his onsite chefs $20 an hour for their work. What are John's fixed costs?
$1200
500
Why is capitalism not balanced?
Examples: capitalism favours the richest 1%, corporations are corrupt, capitalism encourages greed.