TABLE OF CONTENTS
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,Chapter 1: The Corporation and Its Stakeholders
yx yx yx yx yx yx
Chapter 2: Managing Public Issues and Stakeholder Relationships
yx yx yx yx yx yx yx
Chapter 3: Corporate Social Responsibility and Global Citizenship
yx yx yx yx yx yx yx
Chapter 4: Business in a Globalized World
yx yx yx yx yx yx
Chapter 5: Ethics and Ethical Reasoning
yx yx yx yx yx
Chapter 6: Organizational Ethics
yx yx yx
Chapter 7: Business–Government Relations
yx yx yx
Chapter 8: Influencing the Political Environment
yx yx yx yx yx
Chapter 9: Sustainable Development and Global Business
yx yx yx yx yx yx
Chapter 10: Managing for Sustainability
yx yx yx yx
Chapter 11: The Role of Technology
yx yx yx yx yx
Chapter 12: Regulating and Managing Technology
yx yx yx yx yx
Chapter 13: Shareholder Rights and Corporate Governance
yx yx yx yx yx yx
Chapter 14: Consumer Protection
yx yx yx
Chapter 15: Employees and the Corporation
yx yx yx yx yx
Chapter 16: Managing a Diverse Workforce
yx yx yx yx yx
Chapter 17: Business and Its Suppliers
yx yx yx yx yx
Chapter 18: The Community and the Corporation
yx yx yx yx yx yx
Chapter 19: Managing the Public and the Corporate Reputation
yx yx yx yx yx yx yx yx
Chapter 1: The Corporation and Its Stakeholders
yx yx yx yx yx yx
,Answers are at the end of Each chapter
yx yx yx yx yx yx yx x
y
Student name: yx yx
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
1) A business is any organization that is engaged in making a product or providing a ser
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
vice fora profit.
yx x
y yx
⊚ true y x
⊚ false y x
2) The term stakeholder refers exclusively to the founders of a business organization.
yx yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
3) Businesses and society are independent of each other.
yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
4) The stakeholder theory of the firm argues that a firm’s sole purpose is to create
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
long-termvalue for its shareholders. x
y yx yx yx
⊚ true y x
⊚ false y x
5) The instrumental argument for the stakeholder theory of the firm says that c
yx yx yx yx yx yx yx yx yx yx yx yx
ompaniesperform better if they consider the rights and concerns of multiple
x
y yx yx yx yx yx yx yx yx yx yx yx
groups in society. yx yx
⊚ true y x
⊚ false y x
6) The normative argument for the stakeholder theory of the firm says that the stakeh
yx yx yx yx yx yx yx yx yx yx yx yx yx
older viewis simply a more realistic description of how companies really work.
yx x
y yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
, 7) Nonmarket stakeholders are those that engage in economic transactions with the c
yx yx yx yx yx yx yx yx yx yx yx
ompany asit carries out its primary purpose of providing society with goods and serv
yx x
y yx yx yx yx yx yx yx yx yx yx yx yx
ices.
⊚ true y x
⊚ falsey x
8) Market stakeholders include nongovernmental organizations and business support gro
yx yx yx yx yx yx yx yx
ups.
⊚ y x true
⊚ y x false
9) Government can be considered both a market and a nonmarket stakeholder.
yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ falsey x
10) The interests of different stakeholders often coincide.
yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
11) The first step of stakeholder analysis is to identify relevant stakeholders.
yx yx yx yx yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
12) Some scholars have suggested that managers pay the most attention to sta
yx yx yx yx yx yx yx yx yx yx yx
keholderspossessing the least salience.
x
y yx yx yx
⊚ true y x
⊚ falsey x
13) The organization of a corporation’s boundary-spanning functions is complex.
yx yx yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
14) Businesses are increasingly trying to meet their commitments to multiple stakeholder
yx yx yx yx yx yx yx yx yx yx
s.
⊚ y x true
⊚ y x false
15) The external environment of business is static.
yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
yx yx
,Chapter 1: The Corporation and Its Stakeholders
yx yx yx yx yx yx
Chapter 2: Managing Public Issues and Stakeholder Relationships
yx yx yx yx yx yx yx
Chapter 3: Corporate Social Responsibility and Global Citizenship
yx yx yx yx yx yx yx
Chapter 4: Business in a Globalized World
yx yx yx yx yx yx
Chapter 5: Ethics and Ethical Reasoning
yx yx yx yx yx
Chapter 6: Organizational Ethics
yx yx yx
Chapter 7: Business–Government Relations
yx yx yx
Chapter 8: Influencing the Political Environment
yx yx yx yx yx
Chapter 9: Sustainable Development and Global Business
yx yx yx yx yx yx
Chapter 10: Managing for Sustainability
yx yx yx yx
Chapter 11: The Role of Technology
yx yx yx yx yx
Chapter 12: Regulating and Managing Technology
yx yx yx yx yx
Chapter 13: Shareholder Rights and Corporate Governance
yx yx yx yx yx yx
Chapter 14: Consumer Protection
yx yx yx
Chapter 15: Employees and the Corporation
yx yx yx yx yx
Chapter 16: Managing a Diverse Workforce
yx yx yx yx yx
Chapter 17: Business and Its Suppliers
yx yx yx yx yx
Chapter 18: The Community and the Corporation
yx yx yx yx yx yx
Chapter 19: Managing the Public and the Corporate Reputation
yx yx yx yx yx yx yx yx
Chapter 1: The Corporation and Its Stakeholders
yx yx yx yx yx yx
,Answers are at the end of Each chapter
yx yx yx yx yx yx yx x
y
Student name: yx yx
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
1) A business is any organization that is engaged in making a product or providing a ser
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
vice fora profit.
yx x
y yx
⊚ true y x
⊚ false y x
2) The term stakeholder refers exclusively to the founders of a business organization.
yx yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
3) Businesses and society are independent of each other.
yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
4) The stakeholder theory of the firm argues that a firm’s sole purpose is to create
yx yx yx yx yx yx yx yx yx yx yx yx yx yx yx
long-termvalue for its shareholders. x
y yx yx yx
⊚ true y x
⊚ false y x
5) The instrumental argument for the stakeholder theory of the firm says that c
yx yx yx yx yx yx yx yx yx yx yx yx
ompaniesperform better if they consider the rights and concerns of multiple
x
y yx yx yx yx yx yx yx yx yx yx yx
groups in society. yx yx
⊚ true y x
⊚ false y x
6) The normative argument for the stakeholder theory of the firm says that the stakeh
yx yx yx yx yx yx yx yx yx yx yx yx yx
older viewis simply a more realistic description of how companies really work.
yx x
y yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ false y x
, 7) Nonmarket stakeholders are those that engage in economic transactions with the c
yx yx yx yx yx yx yx yx yx yx yx
ompany asit carries out its primary purpose of providing society with goods and serv
yx x
y yx yx yx yx yx yx yx yx yx yx yx yx
ices.
⊚ true y x
⊚ falsey x
8) Market stakeholders include nongovernmental organizations and business support gro
yx yx yx yx yx yx yx yx
ups.
⊚ y x true
⊚ y x false
9) Government can be considered both a market and a nonmarket stakeholder.
yx yx yx yx yx yx yx yx yx yx
⊚ true y x
⊚ falsey x
10) The interests of different stakeholders often coincide.
yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
11) The first step of stakeholder analysis is to identify relevant stakeholders.
yx yx yx yx yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
12) Some scholars have suggested that managers pay the most attention to sta
yx yx yx yx yx yx yx yx yx yx yx
keholderspossessing the least salience.
x
y yx yx yx
⊚ true y x
⊚ falsey x
13) The organization of a corporation’s boundary-spanning functions is complex.
yx yx yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
14) Businesses are increasingly trying to meet their commitments to multiple stakeholder
yx yx yx yx yx yx yx yx yx yx
s.
⊚ y x true
⊚ y x false
15) The external environment of business is static.
yx yx yx yx yx yx
⊚ truey x
⊚ false
y x
