___________ mechanism is how interest groups and society wants the company to be governed.a.Responsibleb.Societalc.Legald.External

__Directors are the major stakeholders of the company. A. External B. Independent C. Family D. Internal

_______________ is a set of guidelines about how a business should behave. Responsesconflict of interest conflict of interest decentralization decentralization social responsibilitysocial responsibilitybusiness ethics

The companies legislation is based on the philosophy that men in responsible positions should be trusted until there is reason to distrust them. In light of this, directors are encouraged not to fetter their discretion and as much as possible not to exerctseQuestion 8Answera.the benefit of the members as wholeb.a collateral purposec.the purpose of enhancing firm valued.the interest of third parties

Explain one responsibility a business in a tertiary industry might have to stakeholder groups.

Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?Multiple Choicecodes of ethicscorporate citizenshipeconomic responsibilitysocial dominance