________ are stakeholders of organizations because they rely on the tax base companies help create, as well as their employee payrolls, to thrive.

a. Special-interest groups
b. Government regulators
c. Mass media
d. Local communities
e. Financial institutions


d. Local communities

Local communities are obviously important stakeholders. Schools and municipal governments rely on the organization for their tax base. Families and merchants depend on its employee payroll for their livelihoods. In addition, everyone from the United Way to the Little League may rely on it for some financial support.

Business

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________ salespeople control a sales interaction but often do not gain commitment because they prejudge the customer's needs and fail to probe for information.

A. Empathetic B. Aggressive C. Determined D. Assertive E. Confident

Business

The cumulative effect on prior years' earnings of a change in accounting principle should be reported separately as an adjustment to retained earnings for the earliest period presented for all of the following changes except

a. completed-contract method of accounting for long-term construction-type contracts to the percentage-of-completion method. b. percentage-of-completion method of accounting for long-term construction-type contracts to the completed-contract method. c. FIFO method of inventory pricing to LIFO method. d. LIFO method of inventory pricing to the weighted-average method.

Business

According to the chapter, why are BP's bright green and yellow, Texaco's red, black and white, and Sunoco's blue, maroon, and yellow so strikingly different?

What will be an ideal response?

Business

Effective Public Relations (text) introduces the management function dealing with:

A. Putting a positive "spin" on bad news B. Altering perceptions and manufacturing consent C. Relationships between organizations and stakeholders D. Professional subterfuge and deception E. Relationships within families, work teams, and groups

Business