Question: 1. A stakeholder is defined by anyone who owns a piece, or stake, of the company

A) True

B) False

Answer: False

Question: 2. AT&T has been called the “template for 21st century capitalism.”

A) True

B) False

Answer: True

Question: 3, General Systems theory was first introduced in the 1940s.

A) True

B) False

Answer: True

Question: 4. The instrumental argument in the stakeholder theory says that companies perform better if they consider the rights and concerns of multiple groups in society.

A) True

B) False

Answer: True

Question: 5. A fiduciary exercises power for the good of another

A) True

B) False

Answer: True