BUS100 RQ1

Which of the following examples does not show a company guided by enlightened self-interest?

A company breaking past records by maximizing quarterly profits.

Stakeholder engagement is:

The process of ongoing relationship building between a business and its stakeholders.

Which statement is not correct about the business-society interdependence?

Actions by governments rarely affect business

Customers can exercise economic stakeholder power by:

Boycotting products if they believe the goods are too expensive.

Over time, the nature of business's relationship with its stakeholders often:

Evolves through a series of stages.

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:

Global Corporate Citizenship.

Which of the following statements is not true about the interactive social system?

The boundary between business and society is clear and distinct.

Corporate power refers to:

The capability of corporations to influence government, the economy, and society, based on their organizational resources.

Contemporary issue management:

Is an interactive, forward thinking process.

Proactive companies are:

Much less likely to be blindsided by crises and negative surprises.

The issues management process is a

Systematic process companies use when responding to public issues that are of greatest importance to the business.