An Organization Is Responsible to Many Different Entities

question 4

Multiple Choice

An organization is responsible to many different entities.In order to meet the demands of these groups,organizations must participate in stakeholder management.Stakeholder management means that

• A) interests of the stockholders are not the only interests that matter.
• B) stakeholders are second in importance to the stockholders.
• C) stakeholders and managers inevitably work at cross-purposes.
• D) all stakeholders receive financial rewards.

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Definitions:

Informal Culture

The unspoken, unofficial, and often unintended behaviors, traditions, and rituals that organically develop within an organization.

Cultural Levels

The various strata within cultures that influence social behavior and interactions, ranging from national norms to individual values and beliefs.

Administrative Assistant

A role tasked with providing administrative support to ensure efficient operation of an office or department.

Personal Blog

A type of website or part of a website maintained by an individual, often featuring diary-style commentary and links to articles on other websites.