Question 1

Which of the following is not an attribute upon which managers judge the importance of stakeholders?

Accepted Answer

A)  power
B)  urgency
C)  legitimacy
D)  nationalityE) A) and B)
F) B) and D)

Question 2

Stakeholder management capability is thought of in three levels.Which is considered the highest level?

Accepted Answer

A)  the rational level
B)  the process level
C)  the intangible level
D)  the transactional levelE) All of the above
F) None of the above

Question 3

The diagnostic typology of organizational stakeholders categorizes stakeholders by their perceived level of cooperation and/or threat.Explain how this typology works and evaluate its usefulness.

Accepted Answer

The typology divides stakeholders' possi...

Question 4

To get a corporation to respond to its demands a stakeholder must hold all three attributes of power,legitimacy,and urgency.

Accepted Answer

A) True 
 B)False

Question 5

Describe the origin of stake and stakeholder.

Accepted Answer

A stake is an interest in or a share in ...

Question 6

A stakeholder's ability or capacity to produce an effect within the finn is called its

Accepted Answer

A)  power.
B)  legitimacy.
C)  urgency.
D)  coercion.E) None of the above
F) B) and C)

Question 7

Some authors indicate that the corporate model needs redefinition because of all the following except

Accepted Answer

A)  Business size
B)  Socioeconomic power
C)  Inadequacy of the ownership model and its implications
D)  ResponsivenessE) B) and C)
F) A) and D)

Question 8

Are the natural enviromnent and nonhuman species properly considered stakeholders of the firm? Defend your
answer.

Accepted Answer

There was likely more debate about this ...

Question 9

Which of the frrm's social responsibilities is not relevant in analyzing management's duties to stakeholders?

Accepted Answer

A)  economic
B)  legal
C)  ethical
D)  philanthropicE) All of the above
F) A) and B)

Question 10

Responsibilities for stakeholder management include all of the following except

Accepted Answer

A)  social.
B)  ethical.
C)  philanthropic.
D)  economic.E) All of the above
F) B) and C)

Question 11

Business organizations must address the legitimate needs and expectations of stakeholders because

Accepted Answer

A)  it is required by law.
B)  it is the right thing to do.
C)  stakeholders force them to.
D)  they will need to,in order to be successful in the long run.E) None of the above
F) C) and D)

Question 12

Once stakeholders have been identified,the firm can safely assume that they will remain the same for several years.

Accepted Answer

A) True 
 B)False

Question 13

The view of the firm that recognizes suppliers,customers,employees,and owners as stakeholders is the

Accepted Answer

A)  production view.
B)  managerial view.
C)  ownership view.
D)  stakeholder view.E) A) and B)
F) All of the above

Question 14

The stakeholder model has normative value because it emphasizes how stakeholders should be treated.

Accepted Answer

A) True 
 B)False

Question 15

A group of people who is able to influence the finn,but does not hold a direct stake in is known as

Accepted Answer

A)  primary social stakeholders.
B)  secondary social stakeholders.
C)  primary nonsocial stakeholders.
D)  secondary nonsocial stakeholders.E) A) and B)
F) None of the above

Question 16

The use of generic groups to answer the question "Who are our stakeholders?" is generally sufficient for businesses.

Accepted Answer

A) True 
 B)False

Question 17

A nonhuman species (such as the spotted owl) that holds a direct stake in a firm is called a

Accepted Answer

A)  primary social stakeholder.
B)  secondary social stakeholder.
C)  primary nonsocial stakeholder.
D)  secondary nonsocial stakeholder.E) A) and D)
F) None of the above

Question 18

The assumption underlying the instrumental value of the stakeholder model is that effective stakeholder management should lead to achievement of traditional business goals such as profits and growth.

Accepted Answer

A) True 
 B)False

Question 19

The recommended strategy for nonsupportive stakeholders is to

Accepted Answer

A)  monitor them.
B)  defend against them.
C)  involve them.
D)  collaborate with them.E) All of the above
F) A) and B)

Question 20

The descriptive value of the stakeholder model is based in its ability to identify and describe particular stakeholders for the finn.

Accepted Answer

A) True 
 B)False

Exam 3: The Stoikt:holdc:r Approach to Businssotit:l, and Elhics

Stakeholder management capability is thought of in three levels.Which is considered the highest level?

Correct AnswerverifiedShow Answer

To get a corporation to respond to its demands a stakeholder must hold all three attributes of power,legitimacy,and urgency.

Correct AnswerverifiedShow Answer

A stakeholder's ability or capacity to produce an effect within the finn is called its

Correct AnswerverifiedShow Answer

The descriptive value of the stakeholder model is based in its ability to identify and describe particular stakeholders for the finn.

Correct AnswerverifiedShow Answer

The diagnostic typology of organizational stakeholders categorizes stakeholders by their perceived level of cooperation and/or threat.Explain how this typology works and evaluate its usefulness.

Correct AnswerverifiedThe typology divides stakeholders' possi...View AnswerShow Answer

The view of the firm that recognizes suppliers,customers,employees,and owners as stakeholders is the

Correct AnswerverifiedShow Answer

Responsibilities for stakeholder management include all of the following except

Correct AnswerverifiedShow Answer

Describe the origin of stake and stakeholder.

Correct AnswerverifiedA stake is an interest in or a share in ...View AnswerShow Answer

The stakeholder model has normative value because it emphasizes how stakeholders should be treated.

Correct AnswerverifiedShow Answer

The use of generic groups to answer the question "Who are our stakeholders?" is generally sufficient for businesses.

Correct AnswerverifiedShow Answer

A nonhuman species (such as the spotted owl) that holds a direct stake in a firm is called a

Correct AnswerverifiedShow Answer

A group of people who is able to influence the finn,but does not hold a direct stake in is known as

Correct AnswerverifiedShow Answer

Which of the following is not an attribute upon which managers judge the importance of stakeholders?

Correct AnswerverifiedShow Answer

Once stakeholders have been identified,the firm can safely assume that they will remain the same for several years.

Correct AnswerverifiedShow Answer

Are the natural enviromnent and nonhuman species properly considered stakeholders of the firm? Defend your answer.

Correct AnswerverifiedThere was likely more debate about this ...View AnswerShow Answer

Which of the frrm's social responsibilities is not relevant in analyzing management's duties to stakeholders?

Correct AnswerverifiedShow Answer

Business organizations must address the legitimate needs and expectations of stakeholders because

Correct AnswerverifiedShow Answer

Some authors indicate that the corporate model needs redefinition because of all the following except

Correct AnswerverifiedShow Answer

The assumption underlying the instrumental value of the stakeholder model is that effective stakeholder management should lead to achievement of traditional business goals such as profits and growth.

Correct AnswerverifiedShow Answer

The recommended strategy for nonsupportive stakeholders is to

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The typology divides stakeholders' possi...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A stake is an interest in or a share in ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
There was likely more debate about this ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified