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Material
TEST BANKss
Business and Society: Stakeholders,
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Ethics, Public Policy, 17th Edition
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ss By Lawrence, Weber, All Chapters 1 - 19
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, Stuvia.com - The Marketplace to Buy and Sell your Study ss ss ss ss ss ss ss ss ss
Material
TABLE OF CONTENTS ss ss
Chapter 1: The Corporation and Its Stakeholders
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Chapter 2: Managing Public Issues and Stakeholder Relationships
ss ss ss ss ss ss ss
ss Chapter 3: Corporate Social Responsibility and Global Citizenship
ss ss ss ss ss ss ss
ss Chapter 4: Business in a Globalized World
ss ss ss ss ss ss
Chapter 5: Ethics and Ethical Reasoning Chapter
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ss 6: Organizational Ethics
ss ss
Chapter 7: Business–Government Relations
ss ss ss
ss Chapter 8: Influencing the Political Environment
ss ss ss ss ss
Chapter 9: Sustainable Development and Global Business Chapter
ss ss ss ss ss ss ss
ss 10: Managing for Sustainability
ss ss ss
Chapter 11: The Role of Technology
ss ss ss ss ss
Chapter 12: Regulating and Managing Technology
ss ss ss ss ss
Chapter 13: Shareholder Rights and Corporate Governance Chapter
ss ss ss ss ss ss ss
ss 14: Consumer Protection
ss ss
Chapter 15: Employees and the Corporation
ss ss ss ss ss
ss Chapter 16: Managing a Diverse Workforce
ss ss ss ss ss
ss Chapter 17: Business and Its Suppliers
ss ss ss ss ss
Chapter 18: The Community and the Corporation
ss ss ss ss ss ss
Chapter 19: Managing the Public and the Corporate Reputation
ss ss ss ss ss ss ss ss
, Stuvia.com - The Marketplace to Buy and Sell your Study
ss ss ss ss ss ss ss ss ss
Material
Chapter 1: The Corporation and Its Stakeholders
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Answers are at the end of Each chapter
ss ss ss ss ss ss ss
Student name:
ss ss
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
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1) A business is any organization that is engaged in making a product or providing a
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service fora profit.
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⊚ true s s s s
⊚ false s s s s
2) The term stakeholder refers exclusively to the founders of a business organization.
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⊚ true s s s s
⊚ false s s s s
3) Businesses and society are independent of each other.
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⊚ true s s s s
⊚ false s s s s
4) The stakeholder theory of the firm argues that a firm‘s sole purpose is to
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create long-termvalue for its shareholders.
ss ss ss ss ss
⊚ true s s s s
⊚ false s s s s
5) The instrumental argument for the stakeholder theory of the firm says that
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companiesperform better if they consider the rights and concerns of
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multiple groups in society.
ss ss ss ss
⊚ true s s s s
⊚ false s s s s
6) The normative argument for the stakeholder theory of the firm says that the
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stakeholder viewis simply a more realistic description of how companies really
ss ss ss ss ss ss ss ss ss ss ss
work.
ss
⊚ true s s s s
⊚ false s s s s
, Stuvia.com - The Marketplace to Buy and Sell your Study
ss ss ss ss ss ss ss ss ss
Material
7) Nonmarket stakeholders are those that engage in economic transactions with the
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company asit carries out its primary purpose of providing society with goods and
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services.
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⊚ true s s s s
⊚ falses s s s
8) Market stakeholders include nongovernmental organizations and business support
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groups.
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⊚ s s s s true
⊚ s s s s false
9) Government can be considered both a market and a nonmarket stakeholder.
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⊚ true s s s s
⊚ false s s s s
10) The interests of different stakeholders often coincide.
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⊚ true s s s s
⊚ falses s s s
11) The first step of stakeholder analysis is to identify relevant stakeholders.
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⊚ true s s s s
⊚ falses s s s
12) Some scholars have suggested that managers pay the most attention to
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stakeholderspossessing the least salience.
ss ss ss ss
⊚ true s s s s
⊚ falses s s s
13) The organization of a corporation‘s boundary-spanning functions is complex.
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⊚ true s s s s
⊚ falses s s s
14) Businesses are increasingly trying to meet their commitments to multiple
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stakeholders.
ss
⊚ true s s s s
⊚ falses s s s
15) The external environment of business is static.
ss ss ss ss ss ss
⊚ true s s s s
⊚ falses s s s
ss ss ss ss ss ss ss ss ss
Material
TEST BANKss
Business and Society: Stakeholders,
ss ss ss ss
Ethics, Public Policy, 17th Edition
ss ss ss ss ss
ss By Lawrence, Weber, All Chapters 1 - 19
ss ss ss ss ss ss ss
, Stuvia.com - The Marketplace to Buy and Sell your Study ss ss ss ss ss ss ss ss ss
Material
TABLE OF CONTENTS ss ss
Chapter 1: The Corporation and Its Stakeholders
ss ss ss ss ss ss
Chapter 2: Managing Public Issues and Stakeholder Relationships
ss ss ss ss ss ss ss
ss Chapter 3: Corporate Social Responsibility and Global Citizenship
ss ss ss ss ss ss ss
ss Chapter 4: Business in a Globalized World
ss ss ss ss ss ss
Chapter 5: Ethics and Ethical Reasoning Chapter
ss ss ss ss ss ss
ss 6: Organizational Ethics
ss ss
Chapter 7: Business–Government Relations
ss ss ss
ss Chapter 8: Influencing the Political Environment
ss ss ss ss ss
Chapter 9: Sustainable Development and Global Business Chapter
ss ss ss ss ss ss ss
ss 10: Managing for Sustainability
ss ss ss
Chapter 11: The Role of Technology
ss ss ss ss ss
Chapter 12: Regulating and Managing Technology
ss ss ss ss ss
Chapter 13: Shareholder Rights and Corporate Governance Chapter
ss ss ss ss ss ss ss
ss 14: Consumer Protection
ss ss
Chapter 15: Employees and the Corporation
ss ss ss ss ss
ss Chapter 16: Managing a Diverse Workforce
ss ss ss ss ss
ss Chapter 17: Business and Its Suppliers
ss ss ss ss ss
Chapter 18: The Community and the Corporation
ss ss ss ss ss ss
Chapter 19: Managing the Public and the Corporate Reputation
ss ss ss ss ss ss ss ss
, Stuvia.com - The Marketplace to Buy and Sell your Study
ss ss ss ss ss ss ss ss ss
Material
Chapter 1: The Corporation and Its Stakeholders
ss ss ss ss ss ss
Answers are at the end of Each chapter
ss ss ss ss ss ss ss
Student name:
ss ss
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
ss ss ss ss ss ss ss ss ss ss ss ss ss ss ss
1) A business is any organization that is engaged in making a product or providing a
ss ss ss ss ss ss ss ss ss ss ss ss ss ss
service fora profit.
ss ss ss
⊚ true s s s s
⊚ false s s s s
2) The term stakeholder refers exclusively to the founders of a business organization.
ss ss ss ss ss ss ss ss ss ss ss
⊚ true s s s s
⊚ false s s s s
3) Businesses and society are independent of each other.
ss ss ss ss ss ss ss
⊚ true s s s s
⊚ false s s s s
4) The stakeholder theory of the firm argues that a firm‘s sole purpose is to
ss ss ss ss ss ss ss ss ss ss ss ss ss
create long-termvalue for its shareholders.
ss ss ss ss ss
⊚ true s s s s
⊚ false s s s s
5) The instrumental argument for the stakeholder theory of the firm says that
ss ss ss ss ss ss ss ss ss ss ss
companiesperform better if they consider the rights and concerns of
ss ss ss ss ss ss ss ss ss ss
multiple groups in society.
ss ss ss ss
⊚ true s s s s
⊚ false s s s s
6) The normative argument for the stakeholder theory of the firm says that the
ss ss ss ss ss ss ss ss ss ss ss ss
stakeholder viewis simply a more realistic description of how companies really
ss ss ss ss ss ss ss ss ss ss ss
work.
ss
⊚ true s s s s
⊚ false s s s s
, Stuvia.com - The Marketplace to Buy and Sell your Study
ss ss ss ss ss ss ss ss ss
Material
7) Nonmarket stakeholders are those that engage in economic transactions with the
ss ss ss ss ss ss ss ss ss ss
company asit carries out its primary purpose of providing society with goods and
ss ss ss ss ss ss ss ss ss ss ss ss ss
services.
ss
⊚ true s s s s
⊚ falses s s s
8) Market stakeholders include nongovernmental organizations and business support
ss ss ss ss ss ss ss
groups.
ss
⊚ s s s s true
⊚ s s s s false
9) Government can be considered both a market and a nonmarket stakeholder.
ss ss ss ss ss ss ss ss ss ss
⊚ true s s s s
⊚ false s s s s
10) The interests of different stakeholders often coincide.
ss ss ss ss ss ss
⊚ true s s s s
⊚ falses s s s
11) The first step of stakeholder analysis is to identify relevant stakeholders.
ss ss ss ss ss ss ss ss ss ss
⊚ true s s s s
⊚ falses s s s
12) Some scholars have suggested that managers pay the most attention to
ss ss ss ss ss ss ss ss ss ss
stakeholderspossessing the least salience.
ss ss ss ss
⊚ true s s s s
⊚ falses s s s
13) The organization of a corporation‘s boundary-spanning functions is complex.
ss ss ss ss ss ss ss ss
⊚ true s s s s
⊚ falses s s s
14) Businesses are increasingly trying to meet their commitments to multiple
ss ss ss ss ss ss ss ss ss
stakeholders.
ss
⊚ true s s s s
⊚ falses s s s
15) The external environment of business is static.
ss ss ss ss ss ss
⊚ true s s s s
⊚ falses s s s