Complete Test Bank CX CX
Business and Society: Stakeholders Ethics Publ
CX CX CX CX CX
ic Policy CX
17TH Edition
CX
by Anne Lawrence (Author), James Weber
CX CX CX CX CX
All Chapters| Latest
CX CX
1
| PCXaCXgC
CX CX
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, ChapterCX1-
19CXAnswersCXareCXatCXtheCXendCXofCXEachCXchapterCXChapterCX1
TRUE/FALSECX-CXWriteCX'T'CXifCXtheCXstatementCXisCXtrueCXandCX'F'CXifCXtheCXstatementCXisCXfalse.
1) ACXbusinessCXisCXanyCXorganizationCXthatCXisCXengagedCXinCXmakingCXaCXproductCXorCXprovidingCXaCXserviceCXforCXaCXprofit
.
⊚CXtrue
⊚CXfalse
2) TheCXtermCXstakeholderCXrefersCXexclusivelyCXtoCXtheCXfoundersCXofCXaCXbusinessCXorganization.
⊚CXtrue
⊚CXfalse
3) BusinessesCXandCXsocietyCXareCXindependentCXofCXeachCXother.
⊚CXtrue
⊚CXfalse
4) TheCXstakeholderCXtheoryCXofCXtheCXfirmCXarguesCXthatCXaCXfirm‘sCXsoleCXpurposeCXisCXtoCXcreateCXlong-
termCXvalueCXforCXitsCXshareholders.
⊚CXtrue
⊚CXfalse
5) TheCXinstrumentalCXargumentCXforCXtheCXstakeholderCXtheoryCXofCXtheCXfirmCXsaysCXthatCXcompaniesCXperfor
mCXbetterCXifCXtheyCXconsiderCXtheCXrightsCXandCXconcernsCXofCXmultipleCXgroupsCXinCXsociety.
⊚CXtrue
⊚CXfalse
6) TheCXnormativeCXargumentCXforCXtheCXstakeholderCXtheoryCXofCXtheCXfirmCXsaysCXthatCXtheCXstakeholderCXviewCXi
sCXsimplyCXaCXmoreCXrealisticCXdescriptionCXofCXhowCXcompaniesCXreallyCXwork.
⊚CXtrue
⊚CXfalse
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| PCXaCXgC
CX CX
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,7) NonmarketCXstakeholdersCXareCXthoseCXthatCXengageCXinCXeconomicCXtransactionsCXwithCXtheCXcompanyCXasCXit
CXcarriesCXoutCXitsCXprimaryCXpurposeCXofCXprovidingCXsocietyCXwithCXgoodsCXandCXservices.
⊚CXtrue
⊚CXfalse
8) MarketCXstakeholdersCXincludeCXnongovernmentalCXorganizationsCXandCXbusinessCXsupportCXgroups.
⊚CXtrue
⊚CXfalse
9) GovernmentCXcanCXbeCXconsideredCXbothCXaCXmarketCXandCXaCXnonmarketCXstakeholder.
⊚CXtrue
⊚CXfalse
10) TheCXinterestsCXofCXdifferentCXstakeholdersCXoftenCXcoincide.
⊚CXtrue
⊚CXfalse
11) TheCXfirstCXstepCXofCXstakeholderCXanalysisCXisCXtoCXidentifyCXrelevantCXstakeholders.
⊚CXtrue
⊚CXfalse
12) SomeCXscholarsCXhaveCXsuggestedCXthatCXmanagersCXpayCXtheCXmostCXattentionCXtoCXstakeholdersCXpossessingCXtheCXleast
CXsalience.
⊚CXtrue
⊚CXfalse
13) TheCXorganizationCXofCXaCXcorporation‘sCXboundary-spanningCXfunctionsCXisCXcomplex.
⊚CXtrue
⊚CXfalse
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| PCXaCXgC
CX CX
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, 14) BusinessesCXareCXincreasinglyCXtryingCXtoCXmeetCXtheirCXcommitmentsCXtoCXmultipleCXstakeholders.
⊚CXtrue
⊚CXfalse
15) TheCXexternalCXenvironmentCXofCXbusinessCXisCXstatic.
⊚CXtrue
⊚CXfalse
MULTIPLECXCHOICECX-
ChooseCXtheCXoneCXalternativeCXthatCXbestCXcompletesCXtheCXst
CX
atementCXorCXanswersCXtheCXquestion.
16) TheCXrelationshipCXbetweenCXbusinessCXandCXsocietyCXisCXmostCXaccuratelyCXdescribedCXbyCXwhichCXstatement?
A) BusinessCXisCXanCXunboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXsociety.
B) SocietyCXisCXaCXdistinctCXboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXbusiness.
C) BusinessCXisCXaCXdistinctCXboundedCXentityCXseparateCXfromCXtheCXboundedCXentityCXofCXsociety.
D) BusinessCXisCXaCXdistinctCXboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXsociety.
17) AccordingCXtoCXgeneralCXsystemsCXtheory,CXboundaryCXexchangesCXareCXexemplifiedCXbyCXwhichCXofCXtheCXfollowing?
A) AnCXindustrialCXcompanyCXinstallsCXnewCXequipmentCXinCXitsCXplantCXtoCXcomplyCXwithCXenvironmentalCXregulations.
B) ACXsoftwareCXcompanyCXdevelopsCXanCXapplicationCXforCXaCXclient.
C) ACXpurchasingCXdepartmentCXemployeeCXnegotiatesCXaCXpriceCXonCXpartsCXwithCXaCXsupplier.
D) AllCXofCXtheseCXchoicesCXareCXcorrect.
18) TheCXinseparableCXrelationshipCXbetweenCXbusinessCXandCXsocietyCXresultsCXinCXwhichCXofCXtheCXfollowing?
A) AllCXbusinessCXdecisionsCXhaveCXaCXsocialCXimpact.
B) TheCXvitalityCXofCXbusinessCXdependsCXonCXsociety'sCXactionsCXandCXattitudes.
C) TheCXsurvivalCXofCXbusinessCXisCXindependentCXofCXsociety.
D) BothCX―AllCXbusinessCXdecisionsCXhaveCXaCXsocialCXimpact‖CXandCX―TheCXvitalityCXofCXbusinessCXdependsCXonCXsociet
y‘sCXactionsCXandCXattitudes‖CXareCXcorrect.
4
| PCXaCXgC
CX CX
X e
Business and Society: Stakeholders Ethics Publ
CX CX CX CX CX
ic Policy CX
17TH Edition
CX
by Anne Lawrence (Author), James Weber
CX CX CX CX CX
All Chapters| Latest
CX CX
1
| PCXaCXgC
CX CX
X e
, ChapterCX1-
19CXAnswersCXareCXatCXtheCXendCXofCXEachCXchapterCXChapterCX1
TRUE/FALSECX-CXWriteCX'T'CXifCXtheCXstatementCXisCXtrueCXandCX'F'CXifCXtheCXstatementCXisCXfalse.
1) ACXbusinessCXisCXanyCXorganizationCXthatCXisCXengagedCXinCXmakingCXaCXproductCXorCXprovidingCXaCXserviceCXforCXaCXprofit
.
⊚CXtrue
⊚CXfalse
2) TheCXtermCXstakeholderCXrefersCXexclusivelyCXtoCXtheCXfoundersCXofCXaCXbusinessCXorganization.
⊚CXtrue
⊚CXfalse
3) BusinessesCXandCXsocietyCXareCXindependentCXofCXeachCXother.
⊚CXtrue
⊚CXfalse
4) TheCXstakeholderCXtheoryCXofCXtheCXfirmCXarguesCXthatCXaCXfirm‘sCXsoleCXpurposeCXisCXtoCXcreateCXlong-
termCXvalueCXforCXitsCXshareholders.
⊚CXtrue
⊚CXfalse
5) TheCXinstrumentalCXargumentCXforCXtheCXstakeholderCXtheoryCXofCXtheCXfirmCXsaysCXthatCXcompaniesCXperfor
mCXbetterCXifCXtheyCXconsiderCXtheCXrightsCXandCXconcernsCXofCXmultipleCXgroupsCXinCXsociety.
⊚CXtrue
⊚CXfalse
6) TheCXnormativeCXargumentCXforCXtheCXstakeholderCXtheoryCXofCXtheCXfirmCXsaysCXthatCXtheCXstakeholderCXviewCXi
sCXsimplyCXaCXmoreCXrealisticCXdescriptionCXofCXhowCXcompaniesCXreallyCXwork.
⊚CXtrue
⊚CXfalse
2
| PCXaCXgC
CX CX
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,7) NonmarketCXstakeholdersCXareCXthoseCXthatCXengageCXinCXeconomicCXtransactionsCXwithCXtheCXcompanyCXasCXit
CXcarriesCXoutCXitsCXprimaryCXpurposeCXofCXprovidingCXsocietyCXwithCXgoodsCXandCXservices.
⊚CXtrue
⊚CXfalse
8) MarketCXstakeholdersCXincludeCXnongovernmentalCXorganizationsCXandCXbusinessCXsupportCXgroups.
⊚CXtrue
⊚CXfalse
9) GovernmentCXcanCXbeCXconsideredCXbothCXaCXmarketCXandCXaCXnonmarketCXstakeholder.
⊚CXtrue
⊚CXfalse
10) TheCXinterestsCXofCXdifferentCXstakeholdersCXoftenCXcoincide.
⊚CXtrue
⊚CXfalse
11) TheCXfirstCXstepCXofCXstakeholderCXanalysisCXisCXtoCXidentifyCXrelevantCXstakeholders.
⊚CXtrue
⊚CXfalse
12) SomeCXscholarsCXhaveCXsuggestedCXthatCXmanagersCXpayCXtheCXmostCXattentionCXtoCXstakeholdersCXpossessingCXtheCXleast
CXsalience.
⊚CXtrue
⊚CXfalse
13) TheCXorganizationCXofCXaCXcorporation‘sCXboundary-spanningCXfunctionsCXisCXcomplex.
⊚CXtrue
⊚CXfalse
3
| PCXaCXgC
CX CX
X e
, 14) BusinessesCXareCXincreasinglyCXtryingCXtoCXmeetCXtheirCXcommitmentsCXtoCXmultipleCXstakeholders.
⊚CXtrue
⊚CXfalse
15) TheCXexternalCXenvironmentCXofCXbusinessCXisCXstatic.
⊚CXtrue
⊚CXfalse
MULTIPLECXCHOICECX-
ChooseCXtheCXoneCXalternativeCXthatCXbestCXcompletesCXtheCXst
CX
atementCXorCXanswersCXtheCXquestion.
16) TheCXrelationshipCXbetweenCXbusinessCXandCXsocietyCXisCXmostCXaccuratelyCXdescribedCXbyCXwhichCXstatement?
A) BusinessCXisCXanCXunboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXsociety.
B) SocietyCXisCXaCXdistinctCXboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXbusiness.
C) BusinessCXisCXaCXdistinctCXboundedCXentityCXseparateCXfromCXtheCXboundedCXentityCXofCXsociety.
D) BusinessCXisCXaCXdistinctCXboundedCXentityCXwithinCXtheCXlargerCXboundedCXentityCXofCXsociety.
17) AccordingCXtoCXgeneralCXsystemsCXtheory,CXboundaryCXexchangesCXareCXexemplifiedCXbyCXwhichCXofCXtheCXfollowing?
A) AnCXindustrialCXcompanyCXinstallsCXnewCXequipmentCXinCXitsCXplantCXtoCXcomplyCXwithCXenvironmentalCXregulations.
B) ACXsoftwareCXcompanyCXdevelopsCXanCXapplicationCXforCXaCXclient.
C) ACXpurchasingCXdepartmentCXemployeeCXnegotiatesCXaCXpriceCXonCXpartsCXwithCXaCXsupplier.
D) AllCXofCXtheseCXchoicesCXareCXcorrect.
18) TheCXinseparableCXrelationshipCXbetweenCXbusinessCXandCXsocietyCXresultsCXinCXwhichCXofCXtheCXfollowing?
A) AllCXbusinessCXdecisionsCXhaveCXaCXsocialCXimpact.
B) TheCXvitalityCXofCXbusinessCXdependsCXonCXsociety'sCXactionsCXandCXattitudes.
C) TheCXsurvivalCXofCXbusinessCXisCXindependentCXofCXsociety.
D) BothCX―AllCXbusinessCXdecisionsCXhaveCXaCXsocialCXimpact‖CXandCX―TheCXvitalityCXofCXbusinessCXdependsCXonCXsociet
y‘sCXactionsCXandCXattitudes‖CXareCXcorrect.
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