TEST BANK
Business and Society: Stakeholders,
Ethics, Public Policy, 17th Edition EXAM
, QUESTIONS WITH CORRECT ANSWERS
RATED +
By Lawrence, Weber, All Chapters 1 - 19
TABLE OF CONTENTS
Chapter 1: The Corporation and Its Stakeholders
Chapter 2: Managing Public Issues and Stakeholder Relationships
Chapter 3: Corporate Social Responsibility and Global Citizenship
Chapter 4: Business in a Globalized World
Chapter 5: Ethics and Ethical Reasoning
Chapter 6: Organizational Ethics
Chapter 7: Business–Government Relations
Chapter 8: Influencing the Political Environment
Chapter 9: Sustainable Development and Global Business
Chapter 10: Managing for Sustainability
Chapter 11: The Role of Technology
Chapter 12: Regulating and Managing Technology
Chapter 13: Shareholder Rights and Corporate Governance
Chapter 14: Consumer Protection
Chapter 15: Employees and the Corporation
Chapter 16: Managing a Diverse Workforce
Chapter 17: Business and Its Suppliers
,Chapter 18: The Community and the Corporation
Chapter 19: Managing the Public and the Corporate Reputation
Chapter 1: The Corporation and Its Stakeholders
Answers are at the end of Each chapter
Student name:
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) A business is any organization that is engaged in making a product or providing a
service for a profit.
⊚ true
⊚ false
2) The term stakeholder refers exclusively to the founders of a business organization.
⊚ true
⊚ false
3) Businesses and society are independent of each other.
⊚ true
⊚ false
4) The stakeholder theory of the firm argues that a firm‘s sole purpose is to
create long-term value for its shareholders.
⊚ true
⊚ false
5) The instrumental argument for the stakeholder theory of the firm says that
companies perform better if they consider the rights and concerns of
multiple groups in society.
⊚ true
⊚ false
, 6) The normative argument for the stakeholder theory of the firm says that the
stakeholder view is simply a more realistic description of how companies really
work.
⊚ true
⊚ false
Business and Society: Stakeholders,
Ethics, Public Policy, 17th Edition EXAM
, QUESTIONS WITH CORRECT ANSWERS
RATED +
By Lawrence, Weber, All Chapters 1 - 19
TABLE OF CONTENTS
Chapter 1: The Corporation and Its Stakeholders
Chapter 2: Managing Public Issues and Stakeholder Relationships
Chapter 3: Corporate Social Responsibility and Global Citizenship
Chapter 4: Business in a Globalized World
Chapter 5: Ethics and Ethical Reasoning
Chapter 6: Organizational Ethics
Chapter 7: Business–Government Relations
Chapter 8: Influencing the Political Environment
Chapter 9: Sustainable Development and Global Business
Chapter 10: Managing for Sustainability
Chapter 11: The Role of Technology
Chapter 12: Regulating and Managing Technology
Chapter 13: Shareholder Rights and Corporate Governance
Chapter 14: Consumer Protection
Chapter 15: Employees and the Corporation
Chapter 16: Managing a Diverse Workforce
Chapter 17: Business and Its Suppliers
,Chapter 18: The Community and the Corporation
Chapter 19: Managing the Public and the Corporate Reputation
Chapter 1: The Corporation and Its Stakeholders
Answers are at the end of Each chapter
Student name:
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) A business is any organization that is engaged in making a product or providing a
service for a profit.
⊚ true
⊚ false
2) The term stakeholder refers exclusively to the founders of a business organization.
⊚ true
⊚ false
3) Businesses and society are independent of each other.
⊚ true
⊚ false
4) The stakeholder theory of the firm argues that a firm‘s sole purpose is to
create long-term value for its shareholders.
⊚ true
⊚ false
5) The instrumental argument for the stakeholder theory of the firm says that
companies perform better if they consider the rights and concerns of
multiple groups in society.
⊚ true
⊚ false
, 6) The normative argument for the stakeholder theory of the firm says that the
stakeholder view is simply a more realistic description of how companies really
work.
⊚ true
⊚ false
