Which of the following statements about a corporation's reputation is true?
A)Most corporate leaders clearly understand the reputations of their companies.
B)Reputation of a company is not important for individuals seeking employment at a company.
C)The company's reputation is vulnerable to both internal and external negative events.
D)In the past decade most consumers have expressed greater trust and respect for various corporations, meaning the reputations have improved.

Question

Quizplus · Accepted Answer

The company's reputation is vulnerable to both internal and external negative events. A corporation's reputation can be damaged by a variety of factors, including internal issues such as scandals or misconduct, as well as external factors like economic downturns or negative publicity. Therefore, it is crucial for corporations to actively manage and protect their reputations. Choices A, B, and D are incorrect because they are either untrue or not supported by current trends and research.

Which of the Following Statements About a Corporation's Reputation Is