Test Bank for Business and Society: Stakeholders, Ethics, Public Policy 17th Edition by Lawrence

TEST BANK
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Business and Society: Stakeholders, Ethics,
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Public Policy, 17th Edition
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By Lawrence, Weber, All Chapters 1 - 19
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,TABLE OF CONTENTS
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Chapterm1:mThemCorporationmandmItsmStakeholders

Chapterm2:mManagingmPublicmIssuesmandmStakeholdermRelationships

Chapterm3:mCorporatemSocialmResponsibilitymandmGlobalmCitizenship

Chapterm4:mBusinessminmamGlobalizedmWorld

Chapterm5:mEthicsmandmEthicalmReasoning

Chapterm6:mOrganizationalmEthics

Chapterm7:mBusiness–GovernmentmRelations

Chapterm8:mInfluencingmthemPoliticalmEnvironment

Chapterm9:mSustainablemDevelopmentmandmGlobalmBusiness

Chapterm10:mManagingmformSustainability

Chapterm11:mThemRolemofmTechnology

Chapterm12:mRegulatingmandmManagingmTechnology

Chapterm13:mShareholdermRightsmandmCorporatemGovernance

Chapterm14:mConsumermProtection

Chapterm15:mEmployeesmandmthemCorporation

Chapterm16:mManagingmamDiversemWorkforce

Chapterm17:mBusinessmandmItsmSuppliers

Chapterm18:mThemCommunitymandmthemCorporation

Chapterm19:mManagingmthemPublicmandmthemCorporatemReputation

,Chapter 1: The Corporation and Its Stakeholders
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Answers are at the end of Each chapter
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Student name:
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TRUE/FALSEm-mWritem'T'mifmthemstatementmismtruemandm'F'mifmthemstatementmismfalse.
1) Ambusinessmismanymorganizationmthatmismengagedminmmakingmamproductmormprovidingmam
servicemformamprofit.
⊚m true
⊚m false

2) Themtermmstakeholdermrefersmexclusivelymtomthemfoundersmofmambusinessmorganization.
⊚m true
⊚m false

3) Businessesmandmsocietymaremindependentmofmeachmother.
⊚m true
⊚m false

4) Themstakeholdermtheorymofmthemfirmmarguesmthatmamfirm’smsolempurposemismtomcre
atemlong-termmvaluemformitsmshareholders.
⊚m true
⊚m false

5) Theminstrumentalmargumentmformthemstakeholdermtheorymofmthemfirmmsaysmtha
tmcompaniesmperformmbettermifmtheymconsidermthemrightsmandmconcernsmofmmul
tiplemgroupsminmsociety.
⊚m true
⊚m false

6) Themnormativemargumentmformthemstakeholdermtheorymofmthemfirmmsaysmthatmthemstak
eholdermviewmismsimplymammoremrealisticmdescriptionmofmhowmcompaniesmreallymwork.
⊚m true
⊚m false

, 7) Nonmarketmstakeholdersmaremthosemthatmengageminmeconomicmtransactionsmwithmthe
mcompanymasmitmcarriesmoutmitsmprimarympurposemofmprovidingmsocietymwithmgoodsmand
mservices.


⊚m true
⊚m false

8) Marketmstakeholdersmincludemnongovernmentalmorganizationsmandmbusinessmsupportmg
roups.
⊚m true
⊚m false

9) Governmentmcanmbemconsideredmbothmammarketmandmamnonmarketmstakeholder.
⊚m true
⊚m false

10) Theminterestsmofmdifferentmstakeholdersmoftenmcoincide.
⊚m true
⊚m false

11) Themfirstmstepmofmstakeholdermanalysismismtomidentifymrelevantmstakeholders.
⊚m true
⊚m false

12) Somemscholarsmhavemsuggestedmthatmmanagersmpaymthemmostmattentionmtoms
takeholdersmpossessingmthemleastmsalience.
⊚m true
⊚m false

13) Themorganizationmofmamcorporation’smboundary-spanningmfunctionsmismcomplex.
⊚m true
⊚m false

14) Businessesmaremincreasinglymtryingmtommeetmtheirmcommitmentsmtommultiplemstakehold
ers.
⊚m true
⊚m false

15) Themexternalmenvironmentmofmbusinessmismstatic.
⊚m true
⊚m false