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Question
______ is a more valuable focus than ______ in understanding value creation for stakeholders.
A. Profit maximization; profit optimization
B. Profit optimization; profit maximization
C. Profit optimization; profit sharing
D. Profit sharing; profit maximization
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A. workforce
B. board of directors
C. products
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A. courts
B. governments
C. nonprofits (NGOs)
D. competitors
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Firms that sell based on price are likely ______.
A. to pay greater attention to corporate social responsibility
B. to have the resources to mount an effective corporate social responsibility campaign
C. to attract less attention from consumers on issues unrelated to price
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A. zero-sum
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The resources perspective on business strategy ______.
A. deemphasizes the external context in which the firm operates
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A. mission
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The firms ______ identifies what the organization is going to do in order to attain its ______.
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C. mission; vision
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Enron is a good example of how good things had become in terms of corporate responsibility at the end of the 20th century.
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Instead of valuing natural capital, current financial and accounting models treat essential natural components such as water and air quality as ______ when accounting for profits and losses. A. free B. long-term depreciation C. short-term depreciation D. contingent valuation
Q:
Although we have some intuitive sense of which firms are good and which are bad, we are presently unable to compare one firm to another reliably across all aspects of operations, because ______.
A. there is universal acceptance among firms to the idea of greater transparency
B. there is inherent difficulty of defining societal expectations
C. there are legal prohibitions to rating companies as good or bad in terms of CSR
D. there is inherent difficulty in finding firms willing to rate companies as good or bad
Q:
Whole Foods Supermarkets use of a color-coded stoplight scale to assess and support sustainable seafood products is an example of which of the three interlinked steps in measuring CSR?
A. standardizing
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In your opinion, what was the primary cause of the BP oil companys series of serious accidents? In your response, you should explain whether or not stakeholders have it in their collective power to shape the firms that they populate their economies.
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Assuming a company found a profitable niche in serving the poorest 4 billion people in the world, how might such a breakthrough help the firm sell to the developed world at the top of the economic pyramid?
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A. halve the environmental impact of its products
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A. production; consumption
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Q:
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A. economic problems
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C. stakeholder problems
D. shareholder problems
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The ______ is the notion that shareholders cannot second-guess management decisions.
A. management responsibility doctrine
B. business judgment rule
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How has the definition of what it means to be a shareholder changed over the history of the corporation?
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A share is a legal contract between the investor and the firm.
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A. the investor
B. the board of directors
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Q:
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B. the business judgment rule
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A. shareholders do not own the firm
B. shareholders are the owners of the firm
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What is corporate personhood, and how does it relate to corporate social responsibility?
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Value creation is the same for every business and every stakeholder.
Q:
The textbook author argues that ______ offers the most efficient tools to deliver social progress. A. government B. for-profit firms C. not-for-profit firms D. families
Q:
Benefit corporations and certified B Corps are ______.
A. legal entities in all states of the United States
B. primarily located in European countries
C. different names for the same types of companies
D. different entities, one a legal entity and the other a certification process