HC1 Flashcards

1
Q

Anti-Profit Belief (APB)

A

The perception that profit seeking conflict with beneficial outcomes for consumers and society (because of the zero sum game)

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2
Q

Zero sum game

A

Many individuals perceive market exchanges as a zero-sum game, where the gain of one party (the business) comes at the expense of another (the consumer or society). This viewpoint suggests that if a company makes a profit, it must be taking something away from consumers or exploiting resources.

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3
Q

Gartenberg et al. (2019) High Purpose-camaraderie:

A

organizations that score high on purpose and on dimensions of workplace camaraderie (no effect ROAa)

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4
Q

Gartenberg et al. (2019) High Purpose-clarity:

A

organizations that score high on purpose and on dimensions of management clarity (positive effect on ROA)

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