Studies of External Affairs Strategies Have Revealed All of the Following

question 45

Multiple Choice

Studies of external affairs strategies have revealed all of the following except

• A)top corporate social performers have top management philosophies that are institution oriented.
• B)top corporate social performers see a need for a collaborative/problem-solving strategy.
• C)the worst corporate social performers have an adversarial external affairs strategy.
• D)top corporate social performers see the firm as an independent economic franchise.

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Definitions:

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from the total revenue.

Common Stock

Represents equity ownership in a corporation, with holders possibly entitled to vote on corporate policy and receive dividends.

Dividends

Payments made by a corporation to its shareholder members, distributed from the company's profits.