Stakeholders Power Over Businesses Stems From Their
Question: 1. Those who have a claim in some aspect of a firm’s products, operations, markets, industry, and outcomes are known as
shareholders.
b. stockholders.
c. stakeholders.
d. claimholders.
e. special-interest groups
Answer: C
Question: 2. Stakeholders’ power over businesses stems from their
a. ability to withdraw or withhold resources.
b. ability to generate profits.
c. media impact.
d. political influence.
e. stock ownership.
Answer: A
Question: 3. Which of the following do not typically engage in transactions with a company and thus are not essential for its survival?
a. Employees
b. Secondary stakeholders
c. Primary stakeholders
d. Investors
e. Customers
Answer: B
Question:
Answer: D
Question: 5. The degree to which a firm understands and addresses stakeholder demands can be referred to as
a. a stakeholder orientation.
b. a shareholder orientation.
c. the stakeholder interaction model.
d. a two-way street.
e. a continuum.
Answer: A
Question: 6. Which of the following industries tends to generate a high level of trust from consumers and stakeholders?
a. Insurance
b. Technology
c. Banks
d. Mortgage lenders
e. Financial services
Answer: B
Question: 7. Which of the following is not a benefit that primary stakeholders tend to provide to organizations?
a. Supplies of capital and resources.
b. Expertise and leadership
c. Word-of-mouth promotion
d. Infrastructure
e. Pro-bono bookkeeping
Answer: E
Question: 8. A stakeholder group that is absolutely necessary for a firm’s survival is defined as
a. direct.
b. tertiary.
c. secondary.
d. special-interest.
e. primary.
Answer: E
Question:
Answer: D
Question: 10. Which of the following is not a method typically employed by firms when researching relevant stakeholder groups?
a. Surveys
b. Focus groups
c. Internet searches
d. Press reviews
e. Guessing
Answer: E