Report this Question as Inappropriate<\/p>\n
Question 1<\/p>\n
Which argument says that stakeholder management realistically depicts how companies really work?<\/p>\n
A. Descriptive argument<\/p>\n
B. Instrumental argument<\/p>\n
C. Normative argument<\/p>\n
D. Fiduciary argument<\/p>\n
Question 2<\/p>\n
A stakeholder analysis:<\/p>\n
A. creates equality among all stakeholder interests.<\/p>\n
B. allows managers to examine two primary questions.<\/p>\n
C. involves understanding the nature of stakeholder interests.<\/p>\n
D. All of the above<\/p>\n
Question 3<\/p>\n
The instrumental argument says stakeholder management is:<\/p>\n
A. A more realistic description of how companies really work.<\/p>\n
B. More effective as a corporate strategy.<\/p>\n
C. Simply the right thing to do.<\/p>\n
D. Determined by the amount of stock owned in the firm. <\/p>\n
Question 4<\/p>\n
Interactions between business and society occur:<\/p>\n
A. Within a finite natural ecosystem.<\/p>\n
B. Only during an environmental crisis.<\/p>\n
C. When business employees and the community are of similar cultural backgrounds.<\/p>\n
D. When legislation is passed requiring interaction. <\/p>\n
Question 5<\/p>\n
Customers can exercise economic stakeholder power by:<\/p>\n
A. Voting on a proposed merger for the company and a competitor.<\/p>\n
B. Boycotting products if they believe the goods are too expensive.<\/p>\n
C. Attending the company\u2019s annual meeting.<\/p>\n
D. Applying for a job with the company.<\/p>\n
Question 6<\/p>\n
Which of the following is not considered to be a nonmarket stakeholder?<\/p>\n
A. Government agencies.<\/p>\n
B. Creditors.<\/p>\n
C. Activist groups.<\/p>\n
D. Non-governmental organizations. <\/p>\n
Question 7<\/p>\n
The phenomenon of a person or group holding multiple stakeholder duties is referred to as:<\/p>\n
A. Role sets.<\/p>\n
B. Primary Stakeholder(s).<\/p>\n
C. Ownership Theory. <\/p>\n
D. None of the above.<\/p>\n
Question 8<\/p>\n
When something stands out from a background, is seen as important, or draws attention it is:<\/p>\n
A. Urgent.<\/p>\n
B. Salient.<\/p>\n
C. Powerful.<\/p>\n
D. Legitimate.<\/p>\n
Question 9<\/p>\n
The five types of stakeholders\u2019 power recognized by most experts are:<\/p>\n
A. Voting, economic, political, legal, and informational power.<\/p>\n
B. Social, legal, environmental, economic, and political power.<\/p>\n
C. Social, regulatory, voting, governance, and media power.<\/p>\n
D. Economic, media, legal, stockholder, and political power.<\/p>\n
Question 10<\/p>\n
A number of European countries require public companies to include employee members on their boards of directors, so:<\/p>\n
A. The employees are available to answer questions.<\/p>\n
B. Management does not have to attend the meetings.<\/p>\n
C. That their interests will be explicitly represented.<\/p>\n
D. They have more power than any other stakeholder.<\/p>\n
Question 11<\/p>\n
A firm subscribing to the ownership theory of the firm would mainly be concerned with providing value for its:<\/p>\n
A. Shareholders.<\/p>\n
B. Customers.<\/p>\n
C. Board of Directors.<\/p>\n
D. Community.<\/p>\n
Question 12<\/p>\n
When a community group sues a company for health effects caused by the unsafe disposal of toxic chemicals, this is an exercise of a stakeholder\u2019s:<\/p>\n
A. Legal power.<\/p>\n
B. Voting power.<\/p>\n
C. Economic power.<\/p>\n
D. Political power.<\/p>\n
Question 13<\/p>\n
Which one of the following is considered to be a nonmarket stakeholder of business?<\/p>\n
A. Customers.<\/p>\n
B. Media.<\/p>\n
C. Creditors.<\/p>\n
D. Stockholders. <\/p>\n
Question 14<\/p>\n
All of the following are external stakeholders of the firm except:<\/p>\n
A. Managers.<\/p>\n
B. Customers.<\/p>\n
C. Stockholders.<\/p>\n
D. Suppliers.<\/p>\n
Question 15<\/p>\n
Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are:<\/p>\n
A. Inter-departmental divisions.<\/p>\n
B. Geographical location areas.<\/p>\n
C. Boundary-spanning departments.<\/p>\n
D. Organizational maps.<\/p>\n","protected":false},"excerpt":{"rendered":"
Report this Question as Inappropriate Question 1 Which argument says that stakeholder management realistically depicts how companies really work? A. Descriptive argument B. Instrumental argument C. Normative argument D. Fiduciary argument Question 2 A stakeholder analysis: A. creates equality among Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-25354","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/25354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=25354"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/25354\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=25354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=25354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=25354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}