Which of the Following Statements Is True of Members of Society

question 15

Multiple Choice

Which of the following statements is true of members of society as stakeholders of an organization?

• A) Members of society are external stakeholders, and are therefore not affected by corporate activities.
• B) Collaboration between members of civil society, the private sector, and the public sector can lead to intractable and complex global problems.
• C) Members of society have become powerful catalysts and can use modern communication technology to form protest alliances.
• D) Members of society do not have the power to force businesses to contribute to change.

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Definitions:

Economically Viable

A state or condition in which an activity or entity is capable of generating enough income to cover its expenses, sustainably over time.

User Cost

The cost associated with the use of a product or service, including depreciation, maintenance, and opportunity cost of using the asset over time.

Extracting

The process of removing a resource from the earth, often relating to natural resources like minerals, oil, or gas.

Conservation Cost

The expenses associated with the actions taken to preserve natural resources or to minimize environmental impact.