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Which of the following terms best describes an organization's primary objective and what it ultimately wants to accomplish?
Your Answer correctYour Answer correctWhich of the following terms best describes an organization's primary objective and what it ultimately wants to accomplish?Multiple choice question.missionReason: The mission focuses on how the company can accomplish their goals.inspirationvaluesv...
Read MoreThe concept, or framework, of corporate social guides firms in identifying and addressing their economic, legal, ethical, and philanthropic obligations to society.
Your Answer correctFill in the blank question.The concept, or framework, of corporate social responsibilityField 1Field 1 responsibility , Correct Unavailable guides firms in identifying and addressing their economic, legal, ethical, and philanthropic obligations to society.Correct An...
Read MoreWhich of the following are questions that managers are likely to ask when beginning the strategic management process?
Which of the following are questions that managers are likely to ask when beginning the strategic management process?Multiple select question.Is our vision product- or customer-oriented?Reason: The first step in the strategic management process is to define an organization’s vision, mission, an...
Read MoreIn the step of the stakeholder impact analysis, firms identify their various social responsibilities to stakeholders.
Your Answer correctIn the Blank______ step of the stakeholder impact analysis, firms identify their various social responsibilities to stakeholders.Multiple choice question.thirdsecondfourthcorrectfirstfifthCorrect AnswerQuestionfourth...
Read MoreWhich of the following elements of the pyramid of corporate social responsibilities are result from a society’s expectations toward business?
our Answer correctWhich of the following elements of the pyramid of corporate social responsibilities are result from a society’s expectations toward business? Multiple select question.economic responsibilitiesReason: These are required by society and shareholders.legal responsibiliti...
Read MoreThe third step of stakeholder impact analysis requires managers to identify the presented by internal and external stakeholders.
Your Answer correctThe third step of stakeholder impact analysis requires managers to identify the Blank______ presented by internal and external stakeholders.Multiple choice question.opportunities and threatscorrectsocial responsibilities and stakeholder intereststhreats and responsi...
Read MoreTrue or false: Firms should obey all the laws, including but not limited to labor, consumer protection, and the environment.
Answer ModeTrue or False QuestionYour Answer correctTrue or false: Firms should obey all the laws, including but not limited to labor, consumer protection, and the environment. True false question.TruecorrectFalseReason: Managers must ensure that firms obey all applicable laws and reg...
Read MoreIn the step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to the power, legitimacy, and urgency framework.
Your Answer correctIn the Blank______ step of the stakeholder impact analysis the firm identifies their stakeholders' interests and claims according to the power, legitimacy, and urgency framework.Multiple choice question.secondcorrectfirstthirdfourthfifth...
Read MoreWhich of the four corporate social responsibilities is considered first and foremost for business enterprises?
Your Answer correctWhich of the four corporate social responsibilities is considered first and foremost for business enterprises?Multiple choice question.economiccorrectphilanthropiclegalReason: Legal responsibilities follow economic ones.ethicalCorrect AnswerQuestioneconomic...
Read MoreWhen identifying stakeholders, a firm should focus on those stakeholders that .
Answer ModeMultiple Choice QuestionYour Answer correctWhen identifying stakeholders, a firm should focus on those stakeholders that Blank______.Multiple choice question.currently have, or could potentially have, a material effect on the firmcorrectare directly involved with the production ...
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