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BUS 475 BUSINESS AND SOCIETY DAILY BONUS QUESTIONS AND ANSWERS | FULLY SOLVED

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BUS 475 BUSINESS AND SOCIETY DAILY BONUS QUESTIONS AND ANSWERS | FULLY SOLVED

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BUS 475 BUSINESS AND SOCIETY DAILY BONUS QUESTIONS AND
ANSWERS | FULLY SOLVED

Question 1

1 out of 1 points (Extra Credit)


What type of stakeholders include community, government, nongovernmental
organizations, and business support groups?

Selected Answer: C.

Nonmarket stakeholders

Response
Feedback: That's right! Nonmarket stakeholders include the community,
government, nongovernmental organizations, and business support
groups. You can read more about this in Chapter 1 of your textbook.



Question 1

0 out of 1 points (Extra Credit)


What type of organization is a focal organization?

Selected A.
Answer:
The focal organization is the organization whose perspective is in focus
with the analysis as it is conducted.

Response
Feedback: The focal organization is the organization from whose perspective the
analysis is conducted.You can read more about this in Chapter 1 of your
textbook.



Question 1

1 out of 1 points (Extra Credit)

, Voting and legal are two of the five types of powers a stakeholder can possess.

Selected Answer: A.

TRUE

Response
Feedback: That's right! Voting, economical, political, legal and informational
power are the 5 powers stakeholders can posses. You can read more
about this in Chapter 1 of your textbook.




• Question 1

1 out of 1 points (Extra Credit)


The refers to the systematic and continuous process of gathering,
analyzing, and managing external information about the organization's competitors.

Selected Answer: C.

Competitive Intelligence

Response
Feedback: That's right! Competitive Intelligence refers to the systematic and
continuous process of gathering, analyzing, and managing external
information about the organization's competitors. You can read more
about this in Chapter 2 of your textbook.



Question 1

1 out of 1 points (Extra Credit)


Stakeholder collaboration is the process of ongoing relationship building between a
business and its stakeholders.

Selected Answer: B.

, FALSE

Response
Feedback: That's right! Stakeholder engagement is the process of ongoing
relationship building between a business and its stakeholders. You can
read more about this in Chapter 2 of your textbook.



Question 1

1 out of 1 points (Extra Credit)


The are 104,000 transnational corporations (TNCs) according to the United Nations.

Selected Answer: A.

TRUE

Response
Feedback: That's right! There are 104,000 transnational corporations (TNCs)
according to the United Nations. You can read more about this in
Chapter 4 of your textbook.




Question 1

1 out of 1 points (Extra Credit)


Corporate responsibility refers to the way a corporation acts that enhances society and
its inhabitants.

Selected Answer: A.

TRUE

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