With the Explosive Growth of Technologies That Facilitate the Sharing

question 42

Multiple Choice

With the explosive growth of technologies that facilitate the sharing of information,this kind of stakeholder power has become increasingly important:

• A) Economic power.
• B) Political power.
• C) Informational power.
• D) Legal power.

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Definitions:

Not-for-profit Organizations

Organizations that operate for purposes other than making a profit, focusing instead on charity, education, social issues, or community service.

Profit-seeking Companies

Firms whose primary goal is to generate earnings above their costs.

Delegation

Managerial process of assigning work to employees.

Organizational Objectives

The specific and measurable goals a company aims to achieve in order to fulfill its mission and vision.