TEST BANK FOR Business and Society Stakeholders Ethics Public Policy 17th Edition By Anne Lawrence All Chapters A+
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Business And Society Stakeholders Ethics Public
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Business And Society Stakeholders Ethics Public
TEST BANK FOR Business and Society Stakeholders Ethics Public Policy 17th Edition By Anne Lawrence All Chapters A+
Business And Society Stakeholders Ethics Public
A) Business9is9an9unbounded9entity9within9the9larger9bounded9entity9of9society.
B) Society9is9a9distinct9bounded9entity9within9the9larger9bounded9entity9of9business.
C) Business9is9a9distinct9bounded9entity9separate9from9the9bounded9entity9of9society.
D) Business9is9a9distinct9bounded9entity9within9the9larger9bounded9entity9of9society.
17) According9to9general9systems9theory,9boundary9exchanges9are9exemplified9by9which9of9the
9following?
A) An9industrial9company9installs9new9equipment9in9its9plant9to9comply9with
9environmental9regulations.
B) A9software9company9develops9an9application9for9a9client.
C) A9purchasing9department9employee9negotiates9a9price9on9parts9with9a9supplier.
D) All9of9these9choices9are9correct.
18) The9inseparable9relationship9between9business9and9society9results9in9which9of9the9following?
A) All9business9decisions9have9a9social9impact.
B) The9vitality9of9business9depends9on9society's9actions9and9attitudes.
C) The9survival9of9business9is9independent9of9society.
D) Both9“All9business9decisions9have9a9social9impact”9and9“The9vitality9of9business
9 depends9on9society’s9actions9and9attitudes”9are9correct.
19) Which9of9the9following9statements9is9not9true9about9the9interactive9social9system?
A) Business9and9society9need,9as9well9as9influence,9each9other.
B) The9boundary9between9business9and9society9is9clear9and9distinct.
C) Business9is9a9part9of9society,9and9society9penetrates9far9and9often9into9business.
D) Business9and9society9are9both9separate9and9connected.
20) A9firm9subscribing9to9the9shareholder9theory9of9the9firm9would9mainly9be9concerned9with
9providing9long-term9value9for9its
A) investors.
B) customers.
C) board9of9Directors.
D) community.
, 21) Corporations9that9follow9the9stakeholder9theory9of9the9firm9create9value9by
A) constantly9innovating9new9products.
B) increasing9their9stock9price.
C) developing9their9employees’9skills.
D) All9of9these9choices9are9correct.
22) Which9argument9says9that9stakeholder9management9realistically9depicts9how9companies
9really9work?
A) descriptive9argument
B) instrumental9argument
C) normative9argument
D) fiduciary9argument
23) The9instrumental9argument9states9that9stakeholder9management9is
A) a9more9realistic9description9of9how9companies9really9work.
B) more9effective9as9a9corporate9strategy.
C) simply9the9right9thing9to9do.
D) determined9by9the9amount9of9stock9issued.
24) The9fiduciary9duty9of9managers9benefits9a9firm's
A) shareholders.
B) customers.
C) employees.
D) All9of9these9choices9are9correct.
25) The9main9reason9a9number9of9European9countries9require9public9companies9to9include
9employee9members9on9their9boards9of9directors9is9that
A) the9employees9will9be9available9to9answer9other9board9members'9questions.
B) management9will9not9have9to9attend9the9meetings.
C) employees'9interests9will9be9explicitly9represented.
D) employees9will9have9more9power9than9any9other9stakeholder.
26) Stakeholder9groups9can9include
A) shareholders.
B) business9support9groups.
C) environmental9activists.
D) All9of9these9choices9are9correct.
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