General values and norms of society can affect managerial decisions.

Question

Quizplus · Accepted Answer

General values and norms of society can affect the attitudes and behaviors of people, including managers who make decisions on behalf of their organizations. For example, if there is a strong cultural value placed on environmental conservation, a manager may consider implementing environmentally-friendly practices in the company's operations even if it may involve additional costs or efforts. On the other hand, if the society values profitability over social responsibility, a manager may prioritize maximizing profits even at the expense of social and environmental concerns.

General Values and Norms of Society Can Affect Managerial Decisions