PRC-3 · Chapter 1 · Question 60 of 61
A company’s executive management wants to implement severe cost-cutting measures to boost short-term profits and trigger their own executive bonuses. The labor union opposes this, fearing job losses. This scenario primarily illustrates a conflict between:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Two different groups of internal stakeholders
Explanation
Executive management and the employees (represented by the union) are both internal stakeholders, and their distinct interests often lead to internal conflict.
More Nature of Business MCQs
- Q1TechNova Solutions develops custom accounting software for retail businesses and provides online troubleshooting. How should TechNova's…
- Q2Orion Manufacturing recently opened a new plant. To ensure long-term survival and success in a competitive market, which primary variables…
- Q3The Green Earth Foundation focuses on planting trees in deforested urban areas. Unlike commercial entities, what is the primary objective…
- Q4Alpha Corp's leadership has drafted a statement reading, 'To be the world's most trusted provider of clean energy by 2040.' What type of…
- Q5Beta Logistics has published a document explaining its current purpose, its core values, and its daily commitment to fast delivery. Which…