ch 2- bus ethics questions with verified answers
A group of firms and their stakeholders who rally around a common goal is called
a stakeholder ______ Ans✓✓✓ network
A new public issue often indicates a performance-expectations gap between what
stakeholders expect and ______.
-what a company is currently doing
-what a company wants to do
-how a firm advertises
-how often a firm reports earnings Ans✓✓✓ -what a company is currently doing
-what a company wants to do
A stakeholder materiality matrix helps identify issues that are important to
whom? Ans✓✓✓ both firm and its stakeholders
According to the eight radar screens, challenges to acquiring environmental
intelligence can include ______.
-cultural traditions in the workplace
-organizational reporting relationships
-static nature of external environment
-static nature of business Ans✓✓✓ -cultural traditions in the workplace
-organizational reporting relationships
According to Unilever's Stakeholder Materiality Matrix in Figure 2.3, the priorities
of issues for stakeholders are shown ______. Ans✓✓✓ vertically from the lowest
priority on the bottom to the highest priority on the top
, Based on Robinhood's response to the suicide death of one of their traders, what
stage of stakeholder engagement was the company operating at? Ans✓✓✓
reactive
Companies progress through the stages of a business-stakeholder relationship in
what way?
-Remaining in one stage
-One stage to the next, in order
-Backward in the sequence
-according to stakeholder materiality levels Ans✓✓✓ -Remaining in one stage
-One stage to the next, in order
-Backward in the sequence
Corporate stakeholder engagement is defined as the process of ongoing
relationships between ______. Ans✓✓✓ -businesses and the gov't
-business and customers
Drag and drop the company-oriented description to the corresponding drivers of
stakeholder engagement.: goal, motivation, organizational capacity
-needs stakeholder expertise or resources
-improves corporate reputation
-has support from company leaders and adequate funding Ans✓✓✓ -goal-
improves corporate reputation
-motivation- needs stakeholder expertise or resources
-organizational capacity-has support from company leaders and adequate funding
A group of firms and their stakeholders who rally around a common goal is called
a stakeholder ______ Ans✓✓✓ network
A new public issue often indicates a performance-expectations gap between what
stakeholders expect and ______.
-what a company is currently doing
-what a company wants to do
-how a firm advertises
-how often a firm reports earnings Ans✓✓✓ -what a company is currently doing
-what a company wants to do
A stakeholder materiality matrix helps identify issues that are important to
whom? Ans✓✓✓ both firm and its stakeholders
According to the eight radar screens, challenges to acquiring environmental
intelligence can include ______.
-cultural traditions in the workplace
-organizational reporting relationships
-static nature of external environment
-static nature of business Ans✓✓✓ -cultural traditions in the workplace
-organizational reporting relationships
According to Unilever's Stakeholder Materiality Matrix in Figure 2.3, the priorities
of issues for stakeholders are shown ______. Ans✓✓✓ vertically from the lowest
priority on the bottom to the highest priority on the top
, Based on Robinhood's response to the suicide death of one of their traders, what
stage of stakeholder engagement was the company operating at? Ans✓✓✓
reactive
Companies progress through the stages of a business-stakeholder relationship in
what way?
-Remaining in one stage
-One stage to the next, in order
-Backward in the sequence
-according to stakeholder materiality levels Ans✓✓✓ -Remaining in one stage
-One stage to the next, in order
-Backward in the sequence
Corporate stakeholder engagement is defined as the process of ongoing
relationships between ______. Ans✓✓✓ -businesses and the gov't
-business and customers
Drag and drop the company-oriented description to the corresponding drivers of
stakeholder engagement.: goal, motivation, organizational capacity
-needs stakeholder expertise or resources
-improves corporate reputation
-has support from company leaders and adequate funding Ans✓✓✓ -goal-
improves corporate reputation
-motivation- needs stakeholder expertise or resources
-organizational capacity-has support from company leaders and adequate funding
