Which Statement Best Describes How the 5 I's Strategic Analysis

question 7

Multiple Choice

Which statement best describes how the 5 I's strategic analysis includes the stakeholder approach and ethics?

• A)When making decisions on how to deal with issues, interested stakeholders and their incentives are identifies by ethical managers.
• B)Alternative strategies are generated and evaluated by ethical managers.
• C)Each alternative is assessed for the consequences to strategic stakeholders using a cost vs. benefit analysis in both the market and nonmarket environment.
• D)Each alternative strategy must pass the test of being legal and ethical to be selected and implemented.
• E)These would all be good descriptions.

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Definitions:

Supply Of

Refers to the total amount of a product or service that is available for purchase at any given price point in a given market.

Market Equilibrium Price

The price at which the quantity of goods buyers are willing to purchase equals the quantity sellers are willing to sell.

Quantity Demanded

The amount of a good or service that consumers are willing and able to purchase at a given price over a specified period.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price in a given time period.