​You Just Graduated from College with a Degree in Business

question 191

Multiple Choice

​You just graduated from college with a degree in business.You are excited about beginning your professional career.To begin your job search,you are doing some soul searching to decide what type of company you want to work for.You have come up with the following list of characteristics that your ideal company would have: 1.Your ideal company does not seek to maximize shareholder value.
2) Your ideal company will be a service organization with a public mission.
3) Your ideal company will consider marketing an essential function.
4) Your ideal company will reinvest all its revenues into achieving the organization's objectives.
Based on these characteristics,you should most appropriately pursue professional opportunities in a _____________ company.​

• A)​Non-profit
• B)Social services
• C)​Profit oriented
• D)Consumer advocacy
• E)​Strategic alliance

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Definitions:

Succession Planning

The process of identifying and developing new leaders who can replace old leaders when they leave, retire, or pass away, ensuring organizational continuity.

PHC

Stands for Primary Health Care, which is a whole-of-society approach to health and well-being centred on the needs and preferences of individuals, families, and communities.

Succession Planning

The strategy for identifying and developing future leaders within an organization to ensure continuity in key positions.

Business Continuity

The planning and preparation undertaken by a company to ensure that critical business functions will continue during and after a disaster or significant disruption.