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Question
Management's most powerful tool for mobilizing organizational commitment to competent strategy execution and operating excellence is the:A. diligent and persistent use of benchmarking and best practices.
B. proper use of a reward structure with motivational incentives.
C. implementation of TQM and/or Six Sigma programs.
D. periodic giving of inspirational speeches aimed at arousing employees' emotional energy.
E. process of providing employees with a high degree of job security (ideally, via a no-layoff policy).
Answer
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What is the function of the Global Reporting Initiative? A. It promotes greater transparency and facilitates benchmarking CSR efforts across firms and industries. B. It promotes and establishes mutual funds investment opportunities comprised of companies that excel on the basis of the triple bottom line. C. It promotes greater awareness of the Dow Jones World Index, which comprises companies that are engaged in environment sustainability. D. It promotes corporate governance, climate change, and labor practices. E. It is a nonprofit reporting organization that ranks companies on habitat protection.
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The essence of socially responsible business behavior is that a company: A. should balance strategic actions to benefit shareholders against the duty to be a good corporate citizen. B. undertake actions that add value to shareholders. C. respect societal expectations that shareholders should be rewarded for providing risk capital. D. should work toward shareholders' expectations of maximum return. E. should provide jobs to the local community rather than outsourcing them.
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