Which of the Following Is NOT an Organizational Buyer

question 241

Multiple Choice

Which of the following is NOT an organizational buyer?

• A) The Red Cross buying office supplies.
• B) A sporting goods retailer buying skis.
• C) A law office buying a background music service.
• D) A country club buying tennis balls for a tournament.
• E) All of these are organizational buyers.

Comprehend the concept of stakeholder audit and its scope beyond financial stakeholders.

Recognize the importance of adopting a strategic approach to social responsibility in contemporary business practices.

Gain insight into corporate charity and its implications for altruism and business strategy.

Understand the concept of the iron law of responsibility and its implications for long-term business sustainability.

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Definitions:

External Environment

The external environment of an organization includes all outside factors and forces that affect its operations, ranging from economic, socio-cultural, legal, technological, to political conditions.

Environmental Uncertainty

The extent to which an organization lacks information or control over the elements of its environment, affecting decision-making and strategy.

Opportunities

Chances or situations that can lead to the advancement or progress in a person's career, business, or other aspects of life.

Dynamic Environment

An ever-changing and evolving setting or situation, often used to describe rapidly changing business or technological landscapes.