It Is the Responsibility of the Board of Directors,not the Manager,to

question 22

True/False

It is the responsibility of the board of directors,not the manager,to determine how to respond to stakeholders' power and pressures.

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Definitions:

Just-World Phenomenon

The cognitive bias to believe that the world is inherently fair, leading individuals to justify an unequal treatment or outcomes for others.

Ingroup Bias

The tendency to favor members of one's own group over those from external groups.

Social Identities

Aspects of a person's identity that are derived from their perceived membership in societal groups, such as race, gender, nationality, etc.

Procedural Unfairness

The perception that the processes used to make decisions or resolve disputes are not impartial, transparent, or equitable.