What Approach Deals with an Organization Changing Its Interaction with the Environment

question 105

Multiple Choice

What approach deals with an organization changing its interaction with the environment because of the preferences of its customers?

• A) stakeholder approach
• B) market approach
• C) legal approach
• D) activist approach

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Definitions:

Studying

The act of devoting time and attention to gaining knowledge on a subject, especially through reading and academic research.

Regression

A statistical method for predicting the value of a dependent variable based on the value(s) of one or more independent variables, or a defense mechanism leading to reversion to an earlier stage of development.

Psychosexual Stage

A concept in Freudian psychology that describes phases during childhood where the libido is focused on different body parts.

Defense Mechanism

Psychological strategies developed by the unconscious mind to protect an individual from anxiety or unacceptable thoughts and feelings.