Managers Have Obligations to a Wide Variety of Stakeholders Such

question 54

Multiple Choice

Managers have obligations to a wide variety of stakeholders such as shareholders, employees, and customers. When considering outsourcing production to offshore suppliers, managers have to weigh
(I) cost benefits that might make shareholders wealthier.(II) quality issues that might make firms less productive and/or products riskier.(III) the investments already tied up in relationships with existing suppliers.

• A)I
• B)II
• C)III
• D)I and II only
• E)I, II, and III

---

Definitions:

Null Hypothesis

A hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Null Hypothesis

In statistical testing, it is the default assumption that there is no difference or effect, intended to be either rejected or not rejected based on data.

Type II Error

The error that occurs when a false null hypothesis is not rejected, also known as a false negative.