Test Bank for Business and Society: Stakeholders, Ethics, Public Policy 17th Edition by Lawrence

TEST BANK Business and Society:
Stakeholders, Ethics, Public Policy, 17th
EditioN By Lawrence, Weber, All Chapters
1 - 19

,TABLE OF CONTENTS
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ChapterW1:WTheWCorporationWandWItsWStakeholders

ChapterW2:WManagingWPublicWIssuesWandWStakeholderWRelationships

ChapterW3:WCorporateWSocialWResponsibilityWandWGlobalWCitizenship

ChapterW4:WBusinessWinWaWGlobalizedWWorld

ChapterW5:WEthicsWandWEthicalWReasoning

ChapterW6:WOrganizationalWEthics

ChapterW7:WBusiness–GovernmentWRelations

ChapterW8:WInfluencingWtheWPoliticalWEnvironment

ChapterW9:WSustainableWDevelopmentWandWGlobalWBusiness

ChapterW10:WManagingWforWSustainability

ChapterW11:WTheWRoleWofWTechnology

ChapterW12:WRegulatingWandWManagingWTechnology

ChapterW13:WShareholderWRightsWandWCorporateWGovernance

ChapterW14:WConsumerWProtection

ChapterW15:WEmployeesWandWtheWCorporation

ChapterW16:WManagingWaWDiverseWWorkforce

ChapterW17:WBusinessWandWItsWSuppliers

ChapterW18:WTheWCommunityWandWtheWCorporation

ChapterW19:WManagingWtheWPublicWandWtheWCorporateWReputation

,Chapter 1: The Corporation and Its Stakeholders
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Answers are at the end of Each chapter
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Student name:
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TRUE/FALSEW-WWriteW'T'WifWtheWstatementWisWtrueWandW'F'WifWtheWstatementWisWfalse.
1) AWbusinessWisWanyWorganizationWthatWisWengagedWinWmakingWaWproductWorWprovidingWa
WserviceWforW
aWprofit.
⊚W true
⊚W false

2) TheWtermWstakeholderWrefersWexclusivelyWtoWtheWfoundersWofWaWbusinessWorganization.
⊚W true
⊚W false

3) BusinessesWandWsocietyWareWindependentWofWeachWother.
⊚W true
⊚W false

4) TheWstakeholderWtheoryWofWtheWfirmWarguesWthatWaWfirm’sWsoleWpurposeWisWtoWcre
ateWlong-termWvalueWforWitsWshareholders.
⊚W true
⊚W false

5) TheWinstrumentalWargumentWforWtheWstakeholderWtheoryWofWtheWfirmWsaysWtha
tWcompaniesWperformWbetterWifWtheyWconsiderWtheWrightsWandWconcernsWofWmul
tipleWgroupsWinWsociety.
⊚W true
⊚W false

6) TheWnormativeWargumentWforWtheWstakeholderWtheoryWofWtheWfirmWsaysWthatWtheWsta
keholderWviewWisWsimplyWaWmoreWrealisticWdescriptionWofWhowWcompaniesWreallyWwork
.
⊚W true
⊚W false

, 7) NonmarketWstakeholdersWareWthoseWthatWengageWinWeconomicWtransactionsWwithWthe
WcompanyWasWitWcarriesWoutWitsWprimaryWpurposeWofWprovidingWsocietyWwithWgoodsWan
dWservices.
⊚W true
⊚W false

8) MarketWstakeholdersWincludeWnongovernmentalWorganizationsWandWbusinessWsupportWg
roups.
⊚W true
⊚W false

9) GovernmentWcanWbeWconsideredWbothWaWmarketWandWaWnonmarketWstakeholder.
⊚W true
⊚W false

10) TheWinterestsWofWdifferentWstakeholdersWoftenWcoincide.
⊚W true
⊚W false

11) TheWfirstWstepWofWstakeholderWanalysisWisWtoWidentifyWrelevantWstakeholders.
⊚W true
⊚W false

12) SomeWscholarsWhaveWsuggestedWthatWmanagersWpayWtheWmostWattentionWtoWs
takeholdersWpossessingWtheWleastWsalience.
⊚W true
⊚W false

13) TheWorganizationWofWaWcorporation’sWboundary-spanningWfunctionsWisWcomplex.
⊚W true
⊚W false

14) BusinessesWareWincreasinglyWtryingWtoWmeetWtheirWcommitmentsWtoWmultipleWstakehol
ders.
⊚W true
⊚W false

15) TheWexternalWenvironmentWofWbusinessWisWstatic.
⊚W true
⊚W false