What Is the Purpose of Stakeholder Groups

question 36

Multiple Choice

What is the purpose of stakeholder groups?

• A) To generate shareholder wealth and to ensure their investments are paid dividends.
• B) To manage diverse groups of individuals who shape the perceptions of the organization.
• C) To follow the actions of the organization and to lobby to have their interests satisfied.
• D) To influence HR strategy and practices by withholding their votes at the annual meeting.

Understand different types of organizational structures and their characteristics.

Recognize the impact of organizational design on management and operations.

Identify the features of organic versus mechanistic organizational designs.

Describe the concept of the contingency approach to organizational design.

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Definitions:

Schedule Of Reinforcement

A pattern or timing of delivering rewards or consequences that follows a desired behavior, varying in type such as fixed or variable intervals or ratios.

Conditioned Reinforcer

A stimulus that has acquired the capacity to reinforce behaviors through its association with a primary reinforcer.

Applause

The act of clapping hands together to show appreciation, approval, or enjoyment, typically in response to a performance or speech.

Piano Recital

A performance event where pianists showcase their skill by playing music in front of an audience.