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Topic: The Role of Corporate Governance and Stakeholder Management
129.
Stockholders as a stakeholder group are interested primarily by
130.
The Sustainable Apparel Coalition accounts for more than one-third of the global
131.
Wall Street executives have received excessive bonus pay in the past. This concerns which of the
following stakeholder groups most directly?
132.
Supplier stakeholders are concerned with
133.
Community stakeholders are concerned primarily with
134.
Firms must be aware of goals other than short-term profit maximization. One area of concern should be
social responsibility, which is the
135.
According to the text, the triple bottom line approach to corporate accounting includes which three
components?
136.
Demands for greater corporate responsibility have accelerated today. They focus on issues such as
137.
A key stakeholder group that is particularly susceptible to corporate social responsibility (CSR)
initiatives is
138.
According to the Corporate Citizenship poll conducted by Cone Communications, most Americans say
they would be likely to switch brands to one associated with a good cause, if there are similarities
between
139.
According to a CEO survey by Accenture, __________________ are not mutually exclusive corporate
goals.
140.
The Clorox Green Works line of plant-based cleaning materials captured 42 percent of the natural
cleaning products market in its first year. This is an example of the benefit of
141.
Northrup Grumman saved $2 million in energy costs at a single facility by installing reflective roofs and
fluorescent lighting, replacing old equipment, and making minor temperature and humidity-level
adjustments. This is an example of the benefit of
142.
The Fairmont Royal York in Toronto invested $25,000 in an energy conservation program to replace
leaky steam traps and fix leaks, which resulted in an annual savings of over $200,000. This is an
example of a sustainability effort to
143.
The ROI on sustainability efforts can be difficult to quantify because
144.
Sustainability programs often find their success beyond company boundaries, thus ______ systems and
_____ metrics cannot capture all of the relevant numbers.
145.
Traditional financial models are built around relatively easy-to-measure, monetized results; whereas, the
benefits of sustainability projects involve
146.
The case for sustainability projects needs to be made on the basis of a more holistic and comprehensive
understanding of all the _____________ benefits.
147.
Some benefits of sustainability projects include
148.
Many organizations have a large number of functional areas with very diverse and sometimes
competing interests. Such organizations will be most effective if
149.
Strategy formulation and implementation is a challenging ongoing process. To be effective, it should
not involve
150.
The text argues that a strategic perspective in an organization should be emphasized
151.
Peter Senge, of MIT, recognized three types of leaders. __________ are individuals that, although
having little positional power and formal authority, generate their power through the conviction and
clarity of their ideas.
152.
Peter Senge, of MIT, recognized three types of leaders. These individuals champion and guide ideas,
create a learning infrastructure, and establish a domain for taking action.
153.
Leadership is a necessary (but not sufficient) condition for organizational success. Leaders should
emerge at which level(s) of an organization?
154.
Local line leaders have __________ responsibility.
155.
Internal networks generate their power through the _____________ of their ideas.
156.
Executive leaders champion and guide ideas by
157.
Richard Branson, founder of the Virgin Group, empowers his companies through a(n) _______
structure in which anyone can bring forth new ideas.
158.
Transformational change involves
159.
Whirlpool's transformation under corporate vice president Nancy Snyder included financial investments
in
160.
Methods by which successful executives show their interest in learning what others are thinking
include
161.
Tim Brown, CEO of IDEO, believes that the ________ of a person should not dictate the level of
influence their ideas should be accorded.
162.
The hierarchy of organizational goals is in this order (least specific to most specific):
163.
Vision statements are used to create a better understanding of the overall purpose and direction of the
organization. Vision statements
164.
Effective vision statements include
165.
WellPoint Health Network states: WellPoint will redefine our industry: through a new generation of
consumer-friendly products that put individuals back in control of their future. This is an example of a
166.
Although such visions cannot be accurately measured by a specific indicator of how well they are being
achieved, they do provide a fundamental statement of the __________ of an organization.
167.
In contrast to the vision of an organization, its mission should
168.
The vision and mission statements of a company set the overall direction of the organization. Strategic
objectives serve what role?
169.
Successful organizations are effective in motivating people. Employees work best when
170.
Fortune Brands states they will cut corporate overhead costs by $30 million a year. This is an example
of a
171.
We want to be the top-ranked supplier to our customers. (PPG) This is an example of a
172.
In large organizations, conflicts can arise between functional areas. In order to resolve these conflicts,
strategic objectives
173.
Which of the following is not an example of a financial strategic objective?
174.
In large organizations, the potential exists for different parts of an organization to pursue its own goals
rather than the overall company goals. Proper _______ can help to resolve conflicts when they arise.
