Analysis of Society Is Important for All of the Following

question 28

Multiple Choice

Analysis of society is important for all of the following reasons except:

• A)Awareness of what is happening in society virtually guarantees that an organization will be able to successfully compete in its own industry
• B)Most of the other stakeholder groups are also members of society
• C)Awareness of and compliance with the attitudes of society can help an organization avoid problems associated with being a bad corporate citizen
• D)Changes in society can provide opportunities for organizations
• E)Correct assessment of social trends can help businesses avoid restrictive legislation

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Definitions:

Exclusive Range

A statistical range that does not include the endpoint values, denoting the variability within which certain data points fall.

Formula

A mathematical expression that defines a relationship between multiple variables.

Variability

Refers to how spread out or scattered the values in a data set are, indicating the degree of dispersion from the average.

Scores

Quantitative or qualitative values assigned to individuals or items for the purpose of evaluation or comparison.