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Question
The board committee that is responsible for responding to social issues is theA.ethics committee.
B.public policy committee.
C.community interface committee.
D.rapid response committee.
Answer
This answer is hidden. It contains 2 characters.
Related questions
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The principal internal stakeholders of a corporation are its customers and employees.
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A 2009 Marist College Institute for Public Opinion survey indicated that more than half of Americans believe people use the same ethical standards in business as they do in their personal lives.
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A.a poison pill.
B.golden handcuffs.
C.a golden parachute.
D.insider trading.
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Compensation recovery mechanisms that enable a company to recoup compensation funds is called ____.
A.proxy process.
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C.golden parachutes.
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A.distributive voting.
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Employees are the people hired by the company to
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B.work with the board to keep management in line.
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D.set the course for the company to follow.
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The people hired by the board to run the company and operate it on a daily basis is
A.the employee council.
B.management.
C.administration.
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The group that is elected by shareholders to govern and oversee management is the
A.investment council.
B.board of directors.
C.board of trustees.
D.governing council.
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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
Stakeholder management, with its normative content, holds out the promise of positive outcomes to the firms that use it. Discuss some of these expected outcomes and evaluate their likelihood of occurrence and their importance to the firm.
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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
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C.urgency.
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A group of people who is able to influence the firm, but does not hold a direct stake in is known as
A.primary social stakeholders.
B.secondary social stakeholders.
C.primary nonsocial stakeholders.
D.secondary nonsocial stakeholders.
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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
The Generous Corporation argues that corporations began their philanthropic activities primarily out of self-interest. By doing so, they are able to keep government from intervening in their business activities and imposing more regulations on them. Assuming that this argument is valid, and the firms' motives are primarily self interested, evaluate whether or not the motives are important. That is, are firms' philanthropic activities less valuable because they are motivated by self interest? Explain your answer.
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A group of people who holds a direct stake in the firm is known as
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B.secondary social stakeholders.
C.primary nonsocial stakeholders.
D.secondary nonsocial stakeholders.
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Provide a short answer to each of these questions. Be sure to fully explain your answer.
Explain the concept of "multiple bottom lines." Why do advocates of this approach prefer it over the traditional method of measuring the firm's financial performance?