TEST BANK
Business and Society: Stakeholders,
Ethics, Public Policy, 17th Edition
By Lawrence, Weber, All Chapters 1 - 19
,TABLE OF CONTENTS
m m
Chapter m1: mThe mCorporation mand mIts mStakeholders
Chapter m2: mManaging mPublic mIssues mand mStakeholder mRelationships
Chapter m3: mCorporate mSocial mResponsibility mand mGlobal mCitizenship
Chapter m4: mBusiness min ma mGlobalized mWorld
Chapter m5: mEthics mand mEthical mReasoning
Chapter m6: mOrganizational mEthics
Chapter m7: mBusiness–Government mRelations
Chapter m8: mInfluencing mthe mPolitical mEnvironment
Chapter m9: mSustainable mDevelopment mand mGlobal mBusiness
Chapter m10: mManaging mfor mSustainability
Chapter m11: mThe mRole mof mTechnology
Chapter m12: mRegulating mand mManaging mTechnology
Chapter m13: mShareholder mRights mand mCorporate mGovernance
Chapter m14: mConsumer mProtection
Chapter m15: mEmployees mand mthe mCorporation
Chapter m16: mManaging ma mDiverse mWorkforce
Chapter m17: mBusiness mand mIts mSuppliers
Chapter m18: mThe mCommunity mand mthe mCorporation
Chapter m19: mManaging mthe mPublic mand mthe mCorporate mReputation
,Chapter 1: The Corporation and Its Stakeholders
m m m m m m
Answers are at the end of Each chapter
m m m m m m m m
Student name:
m m
TRUE/FALSE m- mWrite m'T' mif mthe mstatement mis mtrue mand m'F' mif mthe mstatement mis
mfalse.
1) A mbusiness mis many morganization mthat mis mengaged min mmaking ma mproduct mor
mproviding ma mservice mform
a mprofit.
⊚ m true
⊚ m false
2) The mterm mstakeholder mrefers mexclusively mto mthe mfounders mof ma mbusiness
m organization.
⊚ m true
⊚ m false
3) Businesses mand msociety mare mindependent mof meach mother.
⊚ m true
⊚ m false
4) The mstakeholder mtheory mof mthe mfirm margues mthat ma mfirm’s msole mpurpose mis mto
m create mlong-termmvalue mfor mits mshareholders.
⊚ m true
⊚ m false
5) The minstrumental margument mfor mthe mstakeholder mtheory mof mthe mfirm msays
mthat mcompaniesmperform mbetter mif mthey mconsider mthe mrights mand mconcerns
mof mmultiple mgroups min msociety.
⊚ m true
⊚ m false
6) The mnormative margument mfor mthe mstakeholder mtheory mof mthe mfirm msays mthat mthe
mstakeholder mviewmis msimply ma mmore mrealistic mdescription mof mhow mcompanies
mreally mwork.
⊚ m true
⊚ m false
, 7) Nonmarket mstakeholders mare mthose mthat mengage min meconomic mtransactions mwith
mthe mcompany masmit mcarries mout mits mprimary mpurpose mof mproviding msociety mwith
mgoods mand mservices.
⊚ m true
⊚ m false
8) Market mstakeholders minclude mnongovernmental morganizations mand mbusiness msupport
mgroups.
⊚ m true
⊚ m false
9) Government mcan mbe mconsidered mboth ma mmarket mand ma mnonmarket mstakeholder.
⊚ m true
⊚ m false
10) The minterests mof mdifferent mstakeholders moften mcoincide.
⊚ m true
⊚ m false
11) The mfirst mstep mof mstakeholder manalysis mis mto midentify mrelevant mstakeholders.
⊚ m true
⊚ m false
12) Some mscholars mhave msuggested mthat mmanagers mpay mthe mmost mattention
m to mstakeholdersmpossessing mthe mleast msalience.
⊚ m true
⊚ m false
13) The morganization mof ma mcorporation’s mboundary-spanning mfunctions mis mcomplex.
⊚ m true
⊚ m false
14) Businesses mare mincreasingly mtrying mto mmeet mtheir mcommitments mto mmultiple
mstakeholders.
⊚ m true
⊚ m false
15) The mexternal menvironment mof mbusiness mis mstatic.
⊚ m true
⊚ m false
Business and Society: Stakeholders,
Ethics, Public Policy, 17th Edition
By Lawrence, Weber, All Chapters 1 - 19
,TABLE OF CONTENTS
m m
Chapter m1: mThe mCorporation mand mIts mStakeholders
Chapter m2: mManaging mPublic mIssues mand mStakeholder mRelationships
Chapter m3: mCorporate mSocial mResponsibility mand mGlobal mCitizenship
Chapter m4: mBusiness min ma mGlobalized mWorld
Chapter m5: mEthics mand mEthical mReasoning
Chapter m6: mOrganizational mEthics
Chapter m7: mBusiness–Government mRelations
Chapter m8: mInfluencing mthe mPolitical mEnvironment
Chapter m9: mSustainable mDevelopment mand mGlobal mBusiness
Chapter m10: mManaging mfor mSustainability
Chapter m11: mThe mRole mof mTechnology
Chapter m12: mRegulating mand mManaging mTechnology
Chapter m13: mShareholder mRights mand mCorporate mGovernance
Chapter m14: mConsumer mProtection
Chapter m15: mEmployees mand mthe mCorporation
Chapter m16: mManaging ma mDiverse mWorkforce
Chapter m17: mBusiness mand mIts mSuppliers
Chapter m18: mThe mCommunity mand mthe mCorporation
Chapter m19: mManaging mthe mPublic mand mthe mCorporate mReputation
,Chapter 1: The Corporation and Its Stakeholders
m m m m m m
Answers are at the end of Each chapter
m m m m m m m m
Student name:
m m
TRUE/FALSE m- mWrite m'T' mif mthe mstatement mis mtrue mand m'F' mif mthe mstatement mis
mfalse.
1) A mbusiness mis many morganization mthat mis mengaged min mmaking ma mproduct mor
mproviding ma mservice mform
a mprofit.
⊚ m true
⊚ m false
2) The mterm mstakeholder mrefers mexclusively mto mthe mfounders mof ma mbusiness
m organization.
⊚ m true
⊚ m false
3) Businesses mand msociety mare mindependent mof meach mother.
⊚ m true
⊚ m false
4) The mstakeholder mtheory mof mthe mfirm margues mthat ma mfirm’s msole mpurpose mis mto
m create mlong-termmvalue mfor mits mshareholders.
⊚ m true
⊚ m false
5) The minstrumental margument mfor mthe mstakeholder mtheory mof mthe mfirm msays
mthat mcompaniesmperform mbetter mif mthey mconsider mthe mrights mand mconcerns
mof mmultiple mgroups min msociety.
⊚ m true
⊚ m false
6) The mnormative margument mfor mthe mstakeholder mtheory mof mthe mfirm msays mthat mthe
mstakeholder mviewmis msimply ma mmore mrealistic mdescription mof mhow mcompanies
mreally mwork.
⊚ m true
⊚ m false
, 7) Nonmarket mstakeholders mare mthose mthat mengage min meconomic mtransactions mwith
mthe mcompany masmit mcarries mout mits mprimary mpurpose mof mproviding msociety mwith
mgoods mand mservices.
⊚ m true
⊚ m false
8) Market mstakeholders minclude mnongovernmental morganizations mand mbusiness msupport
mgroups.
⊚ m true
⊚ m false
9) Government mcan mbe mconsidered mboth ma mmarket mand ma mnonmarket mstakeholder.
⊚ m true
⊚ m false
10) The minterests mof mdifferent mstakeholders moften mcoincide.
⊚ m true
⊚ m false
11) The mfirst mstep mof mstakeholder manalysis mis mto midentify mrelevant mstakeholders.
⊚ m true
⊚ m false
12) Some mscholars mhave msuggested mthat mmanagers mpay mthe mmost mattention
m to mstakeholdersmpossessing mthe mleast msalience.
⊚ m true
⊚ m false
13) The morganization mof ma mcorporation’s mboundary-spanning mfunctions mis mcomplex.
⊚ m true
⊚ m false
14) Businesses mare mincreasingly mtrying mto mmeet mtheir mcommitments mto mmultiple
mstakeholders.
⊚ m true
⊚ m false
15) The mexternal menvironment mof mbusiness mis mstatic.
⊚ m true
⊚ m false
