If the Board of Directors at GE Decides to Pursue

question 99

Multiple Choice

If the board of directors at GE decides to pursue a stakeholder strategy,should they change the ecomagination strategy?

• A) Yes, they should change the strategy because it provides benefits to the society.
• B) No, they should not change the strategy because the strategy already helps them save costs while generating huge revenues.
• C) No, they should not change the strategy because the change would necessitate making tough ethical decisions.
• D) Yes, they should change the strategy because creating value for society is against the principles of stakeholder strategy.

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Definitions:

Revolutions

Significant changes that drastically alter the social, political, or economic order, often resulting from collective action or conflict.

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Resource Lack

A deficiency or scarcity of resources, such as natural, financial, or human resources, often leading to competition and conflict.

Insurgency

An organized armed resistance or violent uprising to an established government or authority in power; also known as rebellion.