What Is the First Step in Implementing a Stakeholder Perspective

question 18

Multiple Choice

What is the first step in implementing a stakeholder perspective in an organization?

• A)Identifying resources and determining urgency
• B)Identifying stakeholder groups
• C)Identifying stakeholder issues
• D)Assessing the corporate culture
• E)Assessing organizational commitment to social responsibility

---

Definitions:

Securitization

The process whereby financial instruments that were previously thinly traded are converted to a form that creates greater liquidity. Securitization also applies to the situation where specific assets are pledged as collateral for securities, and hence asset-backed securities are created. One example of the former is junk bonds; an example of the latter is mortgage-backed securities.

Warrants

Financial instruments that give the holder the right, but not the obligation, to buy shares of a stock at a specified price before the warrant expires.

Convertibles

Securities, such as bonds or preferred shares, that can be converted into a specified number of common shares at the holder's discretion.

Underlying Stock

An underlying stock refers to the equity security upon which derivative securities, such as options and futures, are based.