Which of the Following Is NOT One of the Examples

question 4

Multiple Choice

Which of the following is NOT one of the examples provided as an organizational benefit received from being socially responsible?

• A) They can attract outstanding employees who prefer working for a socially responsible firm.
• B) They are more likely to be welcomed into a foreign country.
• C) They are more likely to attract capital infusions from investors who view reputable companies as desirable long-term investments.
• D) They are guaranteed to maximize resource productivity and reduce the average payback period of investment.
• E) Their environmental concerns may enable them to charge premium prices and gain brand loyalty.

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Definitions:

Goals Characteristics

The attributes that make goals effective, such as being specific, measurable, attainable, relevant, and time-bound (SMART criteria).

Participatory Planning

A planning approach that actively involves all stakeholders in the decision-making process, ensuring their opinions and needs are considered in the development of plans and policies.

Planning Process

An orderly sequence of steps that helps individuals or organizations decide on and achieve their goals.

Effective Management Planning

The process of setting goals, developing strategies, and outlining tasks and schedules to achieve the desired objective efficiently.