Companies That Go Out of Their Way to Learn About

question 84

Multiple Choice

Companies that go out of their way to learn about the needs of different stakeholders and use organizational resources to promote their interests are using the _____ approach.

• A)accommodative
• B)proactive
• C)defensive
• D)obstructionist
• E)offensive

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Definitions:

Extreme Poverty Rate

The percentage of a population living below the international poverty line, defined by the World Bank as living on less than $1.90 a day.

Voluntary International Standards

Guidelines and principles that organizations can choose to follow, which are designed by international bodies to ensure quality, safety, and efficiency.

International Organization for Standardization

An international body that develops and publishes a wide range of proprietary, industrial, and commercial standards.

Corporate Governance

The framework of regulations, practices, and procedures through which a corporation is governed and managed.