The Problem with the View That a Corporation Should Attempt

question 35

Multiple Choice

The problem with the view that a corporation should attempt to act in the best interests of all of its various constituencies is that:

• A) this tactic ignores the corporation's suppliers.
• B) corporate managers often have a better sense of what is right.
• C) the values of these constituencies may conflict.
• D) local communities will not benefit from these values.

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Definitions:

Policy Implementation

The process of putting into effect or enacting policies decided by an organization or government.

HR Policies

Guidelines and procedures established by an organization's human resources department to manage employees and the workplace.

Progress Report

A document that outlines the current status, developments, or achievements in a project or task over a certain period.

Formal Proposal

is a documented plan or offer, typically based on research and analysis, submitted in a structured format to seek approval, funding, or agreement from relevant stakeholders.