Successful Firms _______ the Needs of All Stakeholders,and Manage the Organization

question 112

Multiple Choice

Successful firms _______ the needs of all stakeholders,and manage the organization in a manner which ensures its survival today,but protects its long-term competitiveness and sustainability going forward.

• A) balance
• B) neglect
• C) recognize
• D) ignore
• E) understand

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Definitions:

Parent Company

The corporation owning all or a majority of the voting stock of the other corporation.

Voting Stock

Shares that grant the shareholder voting rights in corporate decisions, typically involving the election of the board of directors.

Interest Revenue

Income earned from investments, loans, or other earning assets that yield interest over time.

Cash Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits in the form of cash.