When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called: correct answers Global Corporate Citizenship
Corporate power refers to correct answers The capability of corporations to influence government, the e...
BUS 100 GMU || with 100% Correct Answers.
When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called: correct answers Global Corporate Citizenship
Corporate power refers to correct answers The capability of corporations to influence government, the economy, and society, based on their organizational resources.
Which of the following statements is not true about the interactive social system? correct answers Business and society are both separate and connected.
Customers can exercise economic stakeholder power by: correct answers Boycotting products if they believe the goods are too expensive.
The issues management process is a correct answers Systematic process companies use when responding to public issues that are of greatest importance to the business.
Contemporary issue management: correct answers Is an interactive, forward thinking process.
Over time, the nature of business's relationship with its stakeholders often: correct answers Evolves through a series of stages.
Proactive companies are: correct answers Much less likely to be blindsided by crises and negative surprises.
Stakeholder engagement is: correct answers The process of ongoing relationship building between a business and its stakeholders.
Which of the following statements is not true about shareholders? correct answers They own equal shares of company assets.
The board committee that administers and approves salaries and benefits of high-level managers in a company is called the: correct answers Compensation committee.
Which of the following is not a legal right of shareholders? correct answers To vote on who will become chief executive officer (CEO)
The mission of the Securities and Exchange Commission (SEC) is to: correct answers Protect shareholders' rights by making sure that stock markets are run fairly.
Which of the following is not an instance of "insider trading"? correct answers A marketing executive briefing stock analysts on the company's sales performance. How are directors (members of corporate boards) selected? correct answers Shareholders elect the directors from a list of candidates.
Which of the following arguments supports the concept of high executive compensation? correct answers High salaries provide an incentive for innovation and risk-taking.
The "agency problem" arises when correct answers Managers act in their own interest, rather than in the interest of shareholders.
Which of the following is not a constituency-building strategy tool? correct answers Expert witness testimony.
The information strategy tool most used by business is: correct answers Lobbying
Dark money refers to: correct answers Undisclosed contributions to tax-exempt organizations.
To influence government policymakers' actions, an information strategy involves: correct answers Business leaders speaking before government policymakers.
When the market fails to adjust for the full costs of a firm's behavior, this is called correct answers Market failure.
Deregulation is often correct answers A politically popular idea
Cooperation between business and government often occurs when correct answers They encounter a common problem or enemy
When a government orders companies not to conduct business in another country because of a war, human rights violations, or lack of a legitimate government; these orders are called: correct answers Economic Sanctions.
Past decisions of the courts, the original basis for the U.S. legal system, are called correct answers Common laws
By law, the financial records of publicly held companies are required to be: correct answers Audited by a certified professional accounting firm.
Integrity-based ethics programs: correct answers Combines concern for the law with an emphasis
on employee responsibility.
Most ethics or compliance officers are generally entrusted to: correct answers Reduce the risks to
the company of employee misconduct.
All of the following values are present in most ethical decisions except: correct answers Be cruel.
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