Under Which of These Conditions Is Private Governance Most Likely

question 50

Multiple Choice

Under which of these conditions is private governance most likely to emerge?

• A) Small lead firms have leverage over larger suppliers.
• B) Large lead firms have leverage over larger suppliers.
• C) The public is totally satisfied with a firm's social and environmental performance.
• D) Firms with highly visible brands are more vulnerable to reputational damage.

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Definitions:

Flexible Benefit Programs

Programs that allow employees to select the mix of benefits and services that will answer their individual needs. Also known as cafeteria benefit programs.

Vacation Time

Allocated time off work provided by employers for employees to rest, travel, or engage in personal activities.

Employee Discount Plans

Benefits offered by employers that allow their employees to purchase the company's products or services at a reduced price.

Organizations

Groups of individuals structured to achieve common goals or objectives, which can include businesses, government agencies, non-profits, and more.