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Question
Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have:
A. No defined political strategy.
B. A sophisticated political strategy.
C. A political strategy focused on intellectual property rights.
D. A political strategy focused on licensing rights.
Answer
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Related questions
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The phenomenon of a person or group holding multiple stakeholder duties is referred to as:
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B. Primary Stakeholder(s).
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A. Customers.
B. Media.
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A number of European countries require public companies to include employee members on their boards of directors, so:
A. The employees are available to answer questions.
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A. Shareholders.
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Which of the following statements is not true about the interactive social system?
A. Business and society need, as well as influence, each other.
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The instrumental argument for the stakeholder theory of the firm says that companies perform better if they consider the rights and concerns of multiple groups in society.
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Given the immeasurable power in the hands of the leaders of large, global corporations, social responsibility has become a worldwide expectation.
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A business and its stakeholders coming together for face-to-face conversations about issues of common concern is:
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When working well, the issue management process:
A. Is static and never pulls in additional information that would disturb the balance.
B. Generates two specific options for each issue.
C. Minimizes dialogue with the stakeholders and focuses on short-term survival.
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Once an organization has implemented the issue management program, it must:
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D. Pick a selected number of issues to address immediately.
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The issues management process is a:
A. Beneficial tool used only to maximize the positive effects of a public issue for the organizations advantage.
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Q:
Dialogue between a single firm and its stakeholders is always sufficient to address an issue effectively.
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Organizations always have full control of a public issue.
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A conception of right and wrong is:
A. Impossible to know.
B. The definition of ethics.
C. Determined by power.
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According to utilitarian reasoning, an action is ethically preferred when its benefits outweigh its costs.
Q:
Proponents against corporate social responsibility feel that public officials, not business people, should solve societal problems because:
A. Business people do not have the skill-set to solve societal problems.
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Which of the following is an argument against corporate social responsibility?
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Emerging public issues are both a risk and an opportunity.
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Describe how general systems theory can be applied to a business.
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What kind of power might a local community use to influence a companys decisions?
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Which of the following is not an example of stakeholders economic power?
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Cost-benefit analysis is often used to determine the costs of regulation.