EXAM PACK
,QUIZ
Assessment 2
Open course index
Open block drawer
Started on Tuesday, 16 April 2024, 11:14
PM
State Finished
Completed on Wednesday, 24 April 2024,
9:26 PM
Time taken 7 days 22 hours
Marks 29.00/35.00
Grade 82.86 out of 100.00
Question1
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Question text
When the Shoprite Group contributes towards economic value in a way that also creates
value for society by addressing its needs and challenges, it is implementing the concept of
_______.
Select one:
a.
shared value
b.
leadership value
c.
collective interest
d.
shared impact
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The correct answer is: shared value
Question2
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,Question text
Match the description in Column B with the correct stakeholder approach in Column A.
Column A: Column B:
Stakeholder approach Description
(a) Descriptive stakeholder (i) Identifies the relationships between the management of stakeholder
approach groups and the achievement of corporate goals and objectives.
(b) Instrumental stakeholder (ii) Examines the function of the corporation and the moral guidelines
approach for the operation and management of the corporation.
(c) Normative stakeholder approach (iii) Seeks a balance between two approaches to the stakeholder theory;
it illustrates the possibility of developing morally sound ways of
conducting profitable business.
(iv) Describes and explains the characteristics of the corporation,
including aspects such as how it is managed, who the stakeholders are,
how the corporate considers its constituencies and the way its
management think about managing the corporate.
Select one:
a.
(a) – (i); (b) – (ii); (c) – (iii)
b.
(a) – (ii); (b) – (iii); (c) – (iv)
c.
(a) – (iii); (b) – (iv); (c) – (i)
d.
(a) – (iv); (b) – (i); (c) – (ii)
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The correct answer is: (a) – (iv); (b) – (i); (c) – (ii)
Question3
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Consider the following statement and answer the question that follows:
An organisation entered into a strategic alliance with a group of stakeholders called “Vegans
for Fashion” to seek their opinion on product design that would be sensitive to concerns of
the vegan fraternity.
, This above scenario is an example of ________ engagement.
Select one:
a.
mutual
b.
information
c.
higher-order
d.
medium-order
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The correct answer is: higher-order
Question4
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Question text
In the annual report, Unilever highlights a number of stakeholder groups, including their
customers, shareholders, employees, suppliers as well as the planet and society.
The above list of stakeholders reflect Unilever’s ________ stakeholders.
a.
external
b.
dependent
c.
internal and external
d.
internal
Feedback
The correct answer is:
internal and external
Question5
Correct