MGMT 304 - MIDTERM QUESTIONS AND VERIFIED
ANSWERS
Correct 55
Incorrect 00
Your answers
1 of 55
Term
The observation of AirBnb's different approaches in laying off full-time
vs part-time employees during COVID highlights...
Give this one a try later!
the irrelevance of firm-stakeholder
the exclusivity of internal firm policies
relationships
the importance of
the independence of firm-employee
interconnectedness in firm-
decisions
stakeholder relationships
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2 of 55
,Term
The bargaining power of suppliers is low when the suppliers' products
are differentiated. True or False
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Primary stakeholders refer to
relative stakeholders that are essential to the
survival of a corporation
the importance of
False interconnectedness in firm-
stakeholder relationships
Don't know?
3 of 55
Term
What are some of the weaknesses/limitations of the ESG framework?
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standardized benchmarks,
overly detailed metrics, biased
transparent evaluations, historical
reporting, short-term focus only
data emphasis
, inconsistent scores,
uniform scoring, lack of flexibility,
greenwashing, recent vs. long-
outdated ratings
term ratings
Don't know?
4 of 55
Definition
reflects the number and size distribution of firms in the industry
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Market growth Geographic concentration
Market penetration Market concentration
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, 5 of 55
Definition
other 4 forces put pressure on rivalry for market share and profitability
The stronger the forces, the higher the intensity
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Bargaining power of customers Bargaining power of suppliers
Bargaining power of buyers Rivalry among competitors
Don't know?
6 of 55
Term
What are key objectives of the stakeholder approach?
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to prioritize shareholder returns over to maximize individual profits and
all other concerns ignore external interests
ANSWERS
Correct 55
Incorrect 00
Your answers
1 of 55
Term
The observation of AirBnb's different approaches in laying off full-time
vs part-time employees during COVID highlights...
Give this one a try later!
the irrelevance of firm-stakeholder
the exclusivity of internal firm policies
relationships
the importance of
the independence of firm-employee
interconnectedness in firm-
decisions
stakeholder relationships
Don't know?
2 of 55
,Term
The bargaining power of suppliers is low when the suppliers' products
are differentiated. True or False
Give this one a try later!
Primary stakeholders refer to
relative stakeholders that are essential to the
survival of a corporation
the importance of
False interconnectedness in firm-
stakeholder relationships
Don't know?
3 of 55
Term
What are some of the weaknesses/limitations of the ESG framework?
Give this one a try later!
standardized benchmarks,
overly detailed metrics, biased
transparent evaluations, historical
reporting, short-term focus only
data emphasis
, inconsistent scores,
uniform scoring, lack of flexibility,
greenwashing, recent vs. long-
outdated ratings
term ratings
Don't know?
4 of 55
Definition
reflects the number and size distribution of firms in the industry
Give this one a try later!
Market growth Geographic concentration
Market penetration Market concentration
Don't know?
, 5 of 55
Definition
other 4 forces put pressure on rivalry for market share and profitability
The stronger the forces, the higher the intensity
Give this one a try later!
Bargaining power of customers Bargaining power of suppliers
Bargaining power of buyers Rivalry among competitors
Don't know?
6 of 55
Term
What are key objectives of the stakeholder approach?
Give this one a try later!
to prioritize shareholder returns over to maximize individual profits and
all other concerns ignore external interests
