BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
An organization should be responsive to the broader concerns of the communities in which it operates, and should have goals that satisfy people in the external environment. For example, goals like customer satisfaction and social responsibility may be important environmental goals.
|
|
output goal
|
|
|
system goal
|
|
|
environmental goal
|
|
|
product goal
|
Explanation:
Detailed explanation-1: -The decisions a company makes impact their employees, customers and vendors, all of whom are part of the communities they serve. When companies get involved in helping their community it creates a positive domino effect on those they aid.
Detailed explanation-2: -Corporate accountability maintains that businesses should be held responsible for the impact of their actions on society and the environment. It is also an important concept for investors and shareholders concerned with ethical investing.
Detailed explanation-3: -Use KPIs to Measure CSR Performance As You Go. Organizations should make short-term and long-term goals to generate benchmarks for success and key performance indicators (KPIs).
There is 1 question to complete.