100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
BMAL-590 Week 2 Business Ethics/Stakeholder Relationships, Social Responsibility, and Corporate Governance Section 4 well answered £8.18
Add to cart
Quickly navigate to
Preview
  2.  
  3. BMAL 590
  4.  
  5. BMAL 590

Exam (elaborations)

BMAL-590 Week 2 Business Ethics/Stakeholder Relationships, Social Responsibility, and Corporate Governance Section 4 well answered
 0 purchase
  • Module
  • BMAL 590
  • Institution
  • BMAL 590

BMAL-590 Week 2 Business Ethics/Stakeholder Relationships, Social Responsibility, and Corporate Governance Section 4

Preview 1 out of 4  pages

Document information

  • September 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • bmal 590 week 2 business ethicsstakeholder relati

Written for

  • BMAL 590
  • BMAL 590

Seller

avatar-seller
BravelRadon

Reviews received

Content preview

BMAL-590 Week 2 Business
Ethics/Stakeholder Relationships, Social
Responsibility, and Corporate
Governance Section 4

Primary stakeholders: - correct answer ✔✔those whose continued association is absolutely necessary
for a firm's survival; these include employees, customers, investors, and shareholders, as well as the
governments and communities that provide necessary infrastructure.



Secondary stakeholders: - correct answer ✔✔do not typically engage in transactions with a company and
thus are not essential for its survival; these include the media, trade associations, and special-interest
groups.



stakeholder orientation: - correct answer ✔✔The degree to which a firm understands and addresses
stakeholder demands



stakeholder orientation comprises three sets of activities: - correct answer ✔✔(1) the organization-wide
generation of data about stakeholder groups and assessment of the firm's interactions with these
groups, (2) the distribution of this information throughout the firm, and (3) the organization's
responsiveness as a whole to this information.



social responsibility and stakeholder orientation - correct answer ✔✔business ethics embodies
standards, norms, and expectations that reflect a concern of major stakeholders, including consumers,
employees, shareholders, suppliers, competitors, and the community. In other words, these stakeholders
have concerns about what is fair, just, or in keeping with respect to stakeholders' rights.



Many businesspeople and scholars have questioned the role of ethics and social responsibility in
business. Legal and economic responsibilities are generally accepted as the most important
determinants of performance.



ISO (expanded) - correct answer ✔✔International Organization for Standardization

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £8.18. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68175 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling

Recently viewed by you

Summary ·

(3)

Samenvatting Traumatologie

£8.18
  • (0)
Add to cart
Added