An Organization Is Responsible to Many Different Entities

question 5

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

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Definitions:

Social Media

Platforms where users create, share, and interact with content and each other online, such as Facebook, Twitter, and Instagram.

Confidential Information

Data or knowledge that is not to be disclosed to unauthorized individuals due to its sensitive nature.

Confidential Information

Sensitive information that is not to be shared with unauthorized individuals or parties, often protected by law or agreement.

Employee Blogs

Online platforms where employees share insights, experiences, and information related to their work or industry, often sponsored by their employer.