What is the public's expectation of organizations as it relates to the organization's role in diversity?
What will be an ideal response?
Key points from text may include: In recent decades, the public expectations for corporate “good citizenship” behaviors have not only increased but have also been redefined. The more the public hears of corporate greed, corruption, and faulty procedures that result in exploitation and disaster, the less patience it has for corporate indifference and unethical behavior. This sentiment was heightened as a consequence of the global economic crisis of 2008 and generated a very cynical public view of corporate greed and its consequences for both people and the environment. The public often takes corporate statements about their commitment to ethical conduct with a grain of salt and doubts even the most fundamental statements related to caring for the workforce, the community, and the environment. Even companies that have a strong commitment and track record of conducting their business with integrity and responsibility toward their shareholders find that this is no longer enough. There is a strong expectation among the general public as well as among employees and potential recruits for corporate policies that recognize the importance of the local community and society as a whole. The inclusive workplace offers a model for integration with society via expanding circles of inclusion. Through inclusion of the organization’s own workforce as well as programs with the community—at the state level or across national borders—the organization can be inclusive of diversity groups that may not be represented in its own workforce.
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Maturity value is equal to face value plus interest
a. True b. False Indicate whether the statement is true or false
Business buyer behavior refers to the ________
A) buying behavior of consumers who buy goods and services for personal consumption B) buying behavior of the organizations that buy goods and services for use in the production of other products and services that are sold, rented, or supplied to others C) buying behavior of consumers who rely on small retailers for the regular supply of provisions D) decision process by which business buyers determine which products and services their organizations need to purchase E) strong affinity of businesses for value-for-money deals
When a firm identifies old technologies that can be exploited in new ways or develops new business models to give customers more than they've come to expect from current products in a specific market, it is engaging in
A. the new-product development process. B. disruptive innovation. C. line extension. D. business analysis. E. concept testing.
Today’s ________________________business environment demands companies to have a legitimate and active corporate responsibility strategy.
a. highly networked b. competitive c. recessionary d. litigious