A CEO has told you that the needs of the firm’s different stakeholder groups do not align; that is, what is best for organizational stakeholders is not what is best for economic and societal stakeholders. She has asked for your advice on prioritizing the stakeholder issue. You advise her that the general rule is to priortize the ________.

a. organizational stakeholders
b. economic stakeholders
c. societal stakeholders
d. economic and societal stakeholders regardless of the impact on organizational stakeholders


Ans: A

Business

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Rockville Company makes a $1,200 purchase of merchandise inventory on account. This transaction will be recorded in the ________.

A) cash payments journal B) sales journal C) cash receipts journal D) purchases journal

Business

Samantha is working with a mentor and he has recommended that she develop a virtual management toolkit. Her mentor said that the management toolkit will help her become a better manager. Samantha is feeling a little anxious about it all. What recommendation would you give her?

A. take it all in as fast as you can B. develop a personal leadership plan C. never mind, a toolkit is not important D. you can learn it on the fly

Business

A vested remainder subject to partial divestment exists when a remainder is given to a group which can expand in size

Indicate whether the statement is true or false

Business

Which of the following statements is true of the National Advertising Review Council (NARC)?

A. Cases brought to NARC are subject to extensive publicity as compared to the cases brought to court. B. The NARC can handle cases at a lower cost as compared to a court. C. It is very expensive to get a case solved through NARC. D. The NARC takes longer to solve a case when compared to the Federal Trade Commission (FTC). E. The NARC is a government agency regulating advertising agencies.

Business