100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
Eerder door jou gezocht
Test Bank for Business and Society Stakeholders Ethics Public Policy 17th Edition By Anne Lawrence, ISBN 978-0071289368||Chapter 1-19€17,57
In winkelwagen
test bank for business and society stakeholders et
Gekoppeld boek
Titel boek:
Auteur(s):
Uitgave:
ISBN:
Druk:
Meer samenvattingen voor studieboek
Business and Society
Business and Society
Business and Society
Alles voor dit studieboek
(10)
Geschreven voor
Business and Society Stakeholders Ethics Public
Business and Society Stakeholders Ethics Public
Verkoper
Volgen
Nursedocs
Ontvangen beoordelingen
Voorbeeld van de inhoud
Test Bank for
Business and Society Stakeholders Ethics Public Policy 17th Edition By Anne
Lawrence
Chapter 1-19 Answers are at the end of Each chapter
Chapter 1
N
Student name:__________
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) A business is any organization that is engaged in making a product or providing a service for
U
a profit.
⊚ true
⊚ false
R
2) The term stakeholder refers exclusively to the founders of a business organization.
⊚ true
SE
⊚ false
3) Businesses and society are independent of each other.
⊚ true
⊚ false
D
4) The stakeholder theory of the firm argues that a firm’s sole purpose is to create long-term
value for its shareholders.
O
⊚ true
⊚ false
C
5) The instrumental argument for the stakeholder theory of the firm says that companies
perform better if they consider the rights and concerns of multiple groups in society.
⊚ true
S
⊚ false
6) The normative argument for the stakeholder theory of the firm says that the stakeholder view
is simply a more realistic description of how companies really work.
⊚ true
⊚ false
,7) Nonmarket stakeholders are those that engage in economic transactions with the company as
it carries out its primary purpose of providing society with goods and services.
⊚ true
⊚ false
8) Market stakeholders include nongovernmental organizations and business support groups.
⊚ true
⊚ false
N
9) Government can be considered both a market and a nonmarket stakeholder.
⊚ true
⊚ false
U
10) The interests of different stakeholders often coincide.
⊚ true
R
⊚ false
11) The first step of stakeholder analysis is to identify relevant stakeholders.
SE
⊚ true
⊚ false
12) Some scholars have suggested that managers pay the most attention to stakeholders
possessing the least salience.
⊚ true
D
⊚ false
O
13) The organization of a corporation’s boundary-spanning functions is complex.
⊚ true
⊚ false
C
14) Businesses are increasingly trying to meet their commitments to multiple stakeholders.
⊚ true
S
⊚ false
15) The external environment of business is static.
⊚ true
⊚ false
,MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
16) The relationship between business and society is most accurately described by which
statement?
A) Business is an unbounded entity within the larger bounded entity of society.
B) Society is a distinct bounded entity within the larger bounded entity of business.
C) Business is a distinct bounded entity separate from the bounded entity of society.
D) Business is a distinct bounded entity within the larger bounded entity of society.
N
17) According to general systems theory, boundary exchanges are exemplified by which of the
following?
A) An industrial company installs new equipment in its plant to comply with
U
environmental regulations.
B) A software company develops an application for a client.
C) A purchasing department employee negotiates a price on parts with a supplier.
R
D) All of these choices are correct.
18) The inseparable relationship between business and society results in which of the following?
SE
A) All business decisions have a social impact.
B) The vitality of business depends on society's actions and attitudes.
C) The survival of business is independent of society.
D) Both “All business decisions have a social impact” and “The vitality of business
depends on society’s actions and attitudes” are correct.
D
19) Which of the following statements is not true about the interactive social system?
A) Business and society need, as well as influence, each other.
O
B) The boundary between business and society is clear and distinct.
C) Business is a part of society, and society penetrates far and often into business.
D) Business and society are both separate and connected.
C
20) A firm subscribing to the shareholder theory of the firm would mainly be concerned with
providing long-term value for its
S
A) investors.
B) customers.
C) board of Directors.
D) community.
, 21) Corporations that follow the stakeholder theory of the firm create value by
A) constantly innovating new products.
B) increasing their stock price.
C) developing their employees’ skills.
D) All of these choices are correct.
22) Which argument says that stakeholder management realistically depicts how companies
really work?
A) descriptive argument
N
B) instrumental argument
C) normative argument
D) fiduciary argument
U
23) The instrumental argument states that stakeholder management is
A) a more realistic description of how companies really work.
R
B) more effective as a corporate strategy.
C) simply the right thing to do.
D) determined by the amount of stock issued.
SE
24) The fiduciary duty of managers benefits a firm's
A) shareholders.
B) customers.
C) employees.
D
D) All of these choices are correct.
25) The main reason a number of European countries require public companies to include
O
employee members on their boards of directors is that
A) the employees will be available to answer other board members' questions.
B) management will not have to attend the meetings.
C
C) employees' interests will be explicitly represented.
D) employees will have more power than any other stakeholder.
S
26) Stakeholder groups can include
A) shareholders.
B) business support groups.
C) environmental activists.
D) All of these choices are correct.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Nursedocs. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €17,57. Je zit daarna nergens aan vast.
