Refer to the Scenario Below to Answer the Following Questions

question 34

Multiple Choice

Refer to the scenario below to answer the following questions
The Environmental Study (Scenario)
You have just been challenged by your supervisor to study and report your findings on approaches that organizations use when dealing with the environment and when pursuing the goal of going green. Your boss tells you to study the four major approaches, differentiate among them, and report to him in a week.
-Under what approach does the organization work to meet the environmental demands of multiple groups of people including employees, suppliers, or the community?

• A) stakeholder approach
• B) market approach
• C) legal approach
• D) activist approach
• E) social obligation approach

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Definitions:

Groups

Collections of individuals or items classified or categorized together based on common characteristics or criteria.

One-way ANOVA

A statistical test used to compare the means of three or more independent groups on a single factor to determine if there is a significant difference among them.

F-ratio

A statistic used in ANOVA tests, calculated by dividing the variance between groups by the variance within groups.

Critical Value

A threshold in hypothesis testing, above or below which the null hypothesis is rejected, often associated with a specific significance level.