Determining where to place CR in relation to Communications is another corporate challenge. Provide what factors impact the decision, and identify where some organization house the function and why.

What will be an ideal response?


The answer depends on a number of factors, including industry, function, how the company or organization defines CR, and what kind of other specialist departments the company or organization has in its structure.
Many companies situate CR within Communications, allowing collaboration on a host of activities including developing and publishing annual nonfinancial reports; servicing the socially responsible investing community and conducting road shows together with Investor Relations; researching market trends; monitoring the company’s overall CR performance data and setting targets; supporting the CEO and board in overall positioning; and developing employee volunteer programs. Other companies view all activities that are related to the business as best positioned outside Communications. Given that Communications is focused on developing parts of a company’s overall strategy and positioning, “the greening of the shop” is not its core task. In that sense, innovation and adjusting business models should be the responsibility of the people that know most about their specific fields. CR can support the relevant departments with knowledge and share the company’s overall ambition levels, but allow the particular groups to build the product. Furthermore, a CR team that is part of a communications department may be taken less seriously by the outside world, primarily NGOs and analysts, because it is considered to be responsible only for messaging and public relations, not for change in the business—and can therefore be a reputation risk in itself. Unless there is a strategic approach to actually innovating core processes as well, and there are specialist teams responsible for that (preferably reporting to board level), CR in communications can be considered to be greenwashing.

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a. complicated damages b. punitive damages c. equitable damages d. concurrent damages e. none of the other choices

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Which of the following does not have to be paid out of your estate before distribution to your heirs?

A) Legal fees B) Funeral expenses C) Outstanding debt D) Estate and inheritance taxes E) All of the above must be paid prior to the distribution of assets.

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In corporations the stockholders are equally liable for the debts of the firm.

Answer the following statement true (T) or false (F)

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