The "systems approach" to business and society builds on which of the following stakeholder theory insights?
a. That firms have relationships with many constituent groups, which both affect and are affected by the actions of the firm.
b. That firms have relationships with many constituent groups, and that these groups must be managed to best promote value to stockholders.
c. That although firms have relationships with many constituent groups, these groups have little impact on the ongoing management of business firms.
d. That firms have relationships with only a few groups, such as employees, that are directly connected with business operations.
a
You might also like to view...
Answer the following statement(s) true (T) or false (F)
1. All employers, but not all employees, have a duty to comply with OSHA rules and regulations. 2. OSHA is the state agency responsible for inspecting worksites in America. 3. The employer has a right to get the inspector’s credentials, including their name and badge number, and to receive information on the reason for the inspection—either the employee complaint or the program inspection information. 4. The OSHA inspector can conduct the on-site inspection completely anonymously. 5. Company representatives are not allowed to accompany inspectors as they go through their site visit.
Purchasing life insurance is an example of risk reduction
Indicate whether the statement is true or false
If you own a small advertising agency and have limited funding and even less time to spend on service marketing research, which of the following types of research would you be LEAST likely to use?
A. Future expectations research B. Trailer calls C. Complaint solicitations D. Critical incidents studies E. Process checkpoint evaluations
The following budget information is available for the Arch Company for January Year 2: Sales$860,000 Cost of goods sold 540,000 Utilities expense 2,800 Administrative salaries 100,000 Sales commissions 5% of salesAdvertising 20,000 Depreciation on store equipment 50,000 Rent on administration building 60,000 Miscellaneous administrative expenses 10,000 ?All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for January Year 2.
A. $283,000 B. $240,000 C. $262,500 D. $285,800