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Question
To make better decisions while insulating themselves from potential threats, firms should ______.
A. engage with stakeholders whenever possible and minimize the danger of stakeholder disillusionment
B. focus on profit maximization over profit optimization
C. recognize that some stakeholders are much more important than others
D. establish a public relations crisis team
Answer
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Related questions
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A. courts
B. governments
C. nonprofits (NGOs)
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A. to pay greater attention to corporate social responsibility
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The resources perspective on business strategy ______.
A. deemphasizes the external context in which the firm operates
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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 ______.
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C. there are legal prohibitions to rating companies as good or bad in terms of CSR
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A share is a legal contract between the investor and the firm.
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Value creation is the same for every business and every stakeholder.
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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