What are the implications for other stakeholders when managers focus continuously, and exclusively, on a select stakeholder group?
What will be an ideal response?
Answers will vary, however should resemble something along these lines:
Managers will not be successful if they continually focus on a single stakeholder. For example, if the overwhelming emphasis is on generating profits for the owners, employees may become alienated, customer service may suffer, and suppliers may become resentful of continual demands for pricing concessions.
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Duncan Stewart was hired to replace Orlando Burton as a sales representative for a local television station. On his first day at work, Stewart was given a list of Burton's previous customers. Because Burton is no longer selling to these customers, they had become:
A. orphaned. B. referred. C. uncommitted. D. repositioned. E. cold prospects.
Paragraph length is also a function of _________________
a. visual relief b. personal taste c. cultural limits d. disciplinary standards
________ represents what individuals and organizations aspire to be when they are at their very best.
A. PsyCap B. PERMA C. Positive OB D. Virtuousness E. Well-being
In order to determine the cash flows from day-to-day operations, the firm must convert the company's income statement from a cash basis to an accrual basis.
Answer the following statement true (T) or false (F)