In a short essay, define power, urgency and legitimacy with respect to stakeholder theory.

What will be an ideal response?


a. Power— the extent to which the organization can influence or impose its will on the
stakeholder group
b. Legitimacy—the assumption that the actions of the corporation are desirable, proper, or appropriate within the limits of the corporation
c. Urgency—the degree to which the issues raised by the stakeholder must be dealt with in a time-sensitive manner.

Business

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From theoretical research in communications, we have learned that ________

A) the most persuasive communication comes from multiple sources of moderate credibility B) the most persuasive communication comes from multiple sources of high credibility C) the less complex a persuasive message is, the less credible it is D) the more complex a persuasive message is, the more credible it is

Business

Cleveland Choppers manufactures two types of motorcycles, a Base and a Loaded model. The following activity and costs have been gathered:ProductNumber ofComponentsNumber ofSetupsNumber ofDirect Labor HrsBase 15  20  700 Loaded 25  40  600 Overhead costs$27,000 $22,500    The number of components and number of setups are chosen as activity-cost drivers for overhead. Assuming an ABC costing system is being used, what is the total overhead cost assigned to the Base model?

A. $15,450. B. $17,625. C. $21,375. D. $13,500. E. $15,625.

Business

Claymore Corp. has the following information about its standards and production activity for September. The controllable variance is:     Actual total factory overhead incurred$28,175  Standard factory overhead:    Variable overhead$3.10 per unit producedFixed overhead    ($12,000/6,000 estimated units to be produced)$2 per unitActual units produced 4,800 units

A. $1,295U. B. $2,400F. C. $1,295F. D. $2,400U. E. $3,695U.

Business

Holland, Inc. purchased manufacturing equipment for $12,600. It has an estimated useful life of seven years and no residual value. The company should record depreciation expense of $100 per month. (Assume that the company uses the straight-line method

) Indicate whether the statement is true or false

Business