Which statement below 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 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 reputation of a corporation is vulnerable to both internal and external negative events. This is because negative events and scandals can damage public perception and trust in the company, and internal issues such as poor management or unethical practices can also reflect poorly on the company's reputation. Options A, B, and D are all false statements.

Which Statement Below About a Corporation's Reputation Is True