Which of the following is not considered one of forces impacting corporate governance, as described in the textbook?
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Executive decisions |
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Industry activity |
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Consumer activism |
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Government initiatives |
Which of the following is not considered an organization’s stakeholder, as described in the textbook?
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Investors |
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Customers |
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Communities |
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Technology |
Answer 1;
Option B. The rules by which a firms is governed is referred to as Corporate Governance. Executive Decisions, Consumer activism and Government initiatives are a part of corporate governance but industry activity is not a part of consumer activism.
Answer 2:
Option D. Technology is not considered as an organization's stakeholder.
Which of the following is not considered one of forces impacting corporate governance, as described in...
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Multinational Business Finance
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4. Corporate governance: Methods for influencing management's decisions Corporate governance refers to policies and rules, regulations and laws, and activities that (1) influence both management’s decisions and its company’s operations, and (2) affect the relationships between a business’s stakeholders. These stakeholders include the company’s executives and managers, shareholders, creditors, current and former employees, competitors, and local and global communities. In simple terms, corporate governance provisions can take two forms: Carrots, Tomatoes, or celery and stones, rocks, or sticks, with the...
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