Major corporate governance issues normally involve _____ decisions.
Answer
Correct Answer:
Strategic-level
Note: This Question is unanswered, help us to find answer for this one
__________ partnerships are mechanisms for cooperation between private sector, public sector, and non-profit organizations in order to address an issue or problem.
Answer
Correct Answer:
Cross-sector
Note: This Question is unanswered, help us to find answer for this one
Companies taking a(n) ______ approach to stakeholder engagement respond to stakeholders’ concerns only when they are forced to do so, and then do so defensively by denying and resisting concerns.
Answer
Correct Answer:
Reactive
Note: This Question is unanswered, help us to find answer for this one
Symbolic conformity with stakeholder expectations as a means of justifying self-interested decisions by top managers is a key-ethical pitfall to avoid with ______ theory.
Answer
Correct Answer:
Stakeholder
Note: This Question is unanswered, help us to find answer for this one
A criticism of stakeholder theory is that it is very difficult to implement because the theory ______.
Answer
Correct Answer:
Confuses managers by giving them the impossible task of trying to satisfy the interests of many different stakeholders simultaneously
Note: This Question is unanswered, help us to find answer for this one
After it was determined that seven people died after ingesting Tylenol pills that a malevolent person had laced with cyanide, Johnson & Johnson ______.
Answer
Correct Answer:
Immediately removed the pain medication from store shelves across the world in order to protect its customers
Note: This Question is unanswered, help us to find answer for this one
Milton Friedman had a ______ view of corporate expenditures.
Answer
Correct Answer:
Zero-sum
Note: This Question is unanswered, help us to find answer for this one
Based on the reciprocal duties of companies and stakeholders, companies offer ______, and customers provide financial payments (company revenues).
Answer
Correct Answer:
Reliable, affordable, quality products, and services
Note: This Question is unanswered, help us to find answer for this one
When considering the reciprocal duties of companies and stakeholders, companies offer taxes, jobs, other economic, social, and environmental benefits, and ______ provide facilities, infrastructure, competent workforce, and an operating environment conducive to profitability.
Answer
Correct Answer:
Communities and their members
Note: This Question is unanswered, help us to find answer for this one
Stakeholders receive ______ to make their contributions to the company.
Answer
Correct Answer:
Inducements
Note: This Question is unanswered, help us to find answer for this one
______ theorists argue there is no tradeoff between serving shareholders and serving other stakeholders, and in fact doing the latter is good for the former.
Answer
Correct Answer:
Stakeholder
Note: This Question is unanswered, help us to find answer for this one
Stakeholder is the theory that the responsibility of business is to create for _____ ?
Answer
Correct Answer:
Both a and b
Note: This Question is unanswered, help us to find answer for this one
Stakeholder engagement is the ongoing process of _____ relationships with stakeholders to resolve problems of mutual concern.
Answer
Correct Answer:
All of the above
Note: This Question is unanswered, help us to find answer for this one
Stakeholder theory is that the sole responsibility of business is to earn maximum return for shareholders, within the boundaries of society’s laws and customs.
Answer
Correct Answer:
Flase
Note: This Question is unanswered, help us to find answer for this one
Non government–business collaborations are known as public-private partnerships.
Answer
Correct Answer:
False
Note: This Question is unanswered, help us to find answer for this one
_____ is a collaboration that includes business, government, and nongovernmental organizations.
Answer
Correct Answer:
Multisector partnerships
Note: This Question is unanswered, help us to find answer for this one
The strategy of having a _____ status and set of attributes that set the company’s products and services apart from those of other firms is called Differentiation.
Answer
Correct Answer:
Distinct
Note: This Question is unanswered, help us to find answer for this one
Which of the statements is correct about Cross-sector partnership?
Answer
Correct Answer:
Private sector, Public sector, and nonprofit organizations
Note: This Question is unanswered, help us to find answer for this one
Collaborations between _____ are called business NGO partnerships.
Answer
Correct Answer:
Business and nongovernmental organizations
Note: This Question is unanswered, help us to find answer for this one
