Question
Which of the following is a feature of state ownership? a. Its goal to maximize profits and shareholder value. b. Liquidation is forced by competition.
Which of the following is a feature of state ownership?
a. Its goal to maximize profits and shareholder value.
b. Liquidation is forced by competition.
c. Appointment of management is based on merit.
d. Compensation of management is determined politically.
Your firm has sought to be a responsible part of the community and has sought out ways to implement CSR within your capabilities. However, a news organization that has been trying to boost its ratings has done a series on your organization that suggests that your product is harming consumers and the communitys environment. You believe the reports are totally false but protests have recently been directed toward your facilities and a politician who seeking an issue has been loudly condemning your organization? Some of your shareholders are suggesting that the company takes its losses on the product by discontinuing it rather than risk further damage to the company and its reputation. What should you do?
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