Managers are responsible for carefully identifying and analyzing the stakeholders influencing the organization. What are some things a manager can do to ensure they respond appropriately?
What will be an ideal response?
Identify stakeholders influenced by, or having an influence on, the corporation.
Understand how the corporation currently views the stakeholders.
Assess opportunities or threats, and the magnitude of their influence on the stakeholder.
Rank stakeholders by influence.
Prepare programs or policies detailing how to deal or cope with stakeholders.
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Net realizable value equals product sales revenue at split-off plus any costs necessary to prepare and dispose of the product
Indicate whether the statement is true or false
Hybrid theories have nothing to do with leadership, only the efficiency of organizations.
a. True b. False
A quick ratio ____ is often a concern for creditors and managers
A) of more than one B) of less than one C) equal to one D) of more than two
Because of the expenses required to make adjustments, management's willingness to correct hazards and to improve such vital environmental conditions as ventilation, noise levels, and machine safety is much lower now than it was before the Organizational Health and Safety Act.
Answer the following statement true (T) or false (F)