Traditional approaches to business focus on the goal

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Reference no: EM132205123

1. Traditional approaches to business focus on the goal of creating profits, while the stakeholder approach forces a business:

to lay claim to territories of expertise.

to address its underlying values and principles.

into a dialogue with unions and environmentalists.

to dialogue with banks to establish community policies.

2. Traditional approaches to business focus on the goal of creating profits, while the stakeholder approach forces a business:

to dialogue with banks to establish community policies.

to address its underlying values and principles.

into a dialogue with unions and environmentalists.

to lay claim to territories of expertise.

3. The last four months of sales were 8, 10, 15, and 9 units. The last four forecasts were 5, 6, 11, and 12 units. The Bias (also known as Mean Forecast Error) is:

a. 2 b. -10 c. 3.5 d. 9 e. 12.5

Reference no: EM132205123

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