When will firms generally see stakeholder reactions to the firm’s decisions?

a. Within 1 month
b. Within 1 year
c. Within 5 years
d. There is no time limit on reactions.


Ans: D

Business

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A) Starbucks has been unsuccessful in its attempt to change the Brits' preference for tea. B) American entrepreneurs found success in England with the Seattle Coffee Company which Starbucks later acquired. C) Starbucks succeeded in England only after changing the company's name to Seattle Coffee Company. D) Starbucks-style coffee shops have been a flop because tea culture is too deeply engrained. E) Starbucks has been successful in England since it started selling beer.

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A(n) ________ is an individual who represents a company to customers by prospecting, communicating, selling, servicing, information gathering, and/or relationship building

A) auditor B) trainer C) salesperson D) manager E) human resource personnel

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The remedy of sending out a notification by a party that he or she is canceling a contract and returning everything already received would constitute a(n) ________

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When job analysis shows that managers and employees disagree on parts of a job, the best answer is to:

A. collect more data. B. hire an experienced compensation consultant. C. refer the problem to the compensation committee. D. use quantitative job analysis.

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