TEST BANK Business and Society: Stakeholders, Ethics, Public
Policy, 17th EditioN 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
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 fora 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
cre ate long-term value for its shareholders.
⊚ true
⊚ false
5) The instrumental argument for the stakeholder theory of the firm says
tha t companies perform better if they consider the rights and concerns
of mul tiple groups in society.
⊚ true
⊚ false
6) The normative argument for the stakeholder theory of the firm says that the
sta keholder viewis simply a more realistic description of how companies
really work
.
⊚ true
Policy, 17th EditioN 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
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 fora 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
cre ate long-term value for its shareholders.
⊚ true
⊚ false
5) The instrumental argument for the stakeholder theory of the firm says
tha t companies perform better if they consider the rights and concerns
of mul tiple groups in society.
⊚ true
⊚ false
6) The normative argument for the stakeholder theory of the firm says that the
sta keholder viewis simply a more realistic description of how companies
really work
.
⊚ true
