According to Donaldson and Preston, what are the three theoretical approaches to considering stakeholder claims?
A. normative, descriptive, and decision-making approaches
B. stakeholder, decision-making, and descriptive approaches
C. normative, descriptive, and instrumental approaches
D. ideological, stakeholder, and environmental approaches
Not
A, B, D
Question 8Which of the following is considered the most important internalstakeholder of a corporation?
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Question 9Which of the following examples best demonstrates the burden ofthe social contract that companies have with stakeholders?SelectedAnswer:Samsung's recall paid refunds and limitedpotential lawsuits.CorrectAnswer:Samsung's recall paid refunds and limitedpotential lawsuits.Question 10Which of the following is NOT a stakeholder of a nonprofit business?SelectedAnswer:publicpolicyCorrectAnswer:competitorsQuestion 1True or false? The most important function of the board of directorsis to hire the president or chief executive officer.SelectedAnswer:TrueCorrectAnswer:TrueQuestion 2Which of the following is NOT a stakeholder of a nonprofit business?SelectedAnswer:competitorsCorrectAnswer:competitorsQuestion 3Which of the following best relates to prioritizing stakeholders?SelectedAnswer:Customers are considered high-prioritystakeholders.CorrectAnswer:Customers are considered high-prioritystakeholders.Question 4A company listed on the Dow Jones Sustainability Indices:SelectedAnswer:operate and preserve resources in an ecologicallyresponsible manner
CorrectAnswer:operate and preserve resources in an ecologicallyresponsible mannerQuestion 5True or false? Rachel Carson's 1962 book, Silent Spring, first broughtattention to chemical poisoning of waterways by corporations.SelectedAnswer:TrueCorrectAnswer:TrueQuestion 6True or false? All stakeholders must be treated the same.SelectedAnswer:FalseCorrectAnswer:FalseQuestion 7Which of the following is considered the most important internalstakeholder of a corporation?SelectedAnswer:board ofdirectorsCorrectAnswer:board ofdirectorsQuestion 8What is a measure that accounts for an organization's results interms of its effects on profits, planet, and people?SelectedAnswer:triple bottomline*CorrectAnswer:triple bottomline*Question 9Which employee typically reports directly to a board of directors?SelectedAnswer:chief executiveofficerCorrectAnswer:chief executiveofficerQuestion 10Which of the following describes the efficacy of legislation like theCalifornia Transparency in Supply Chains Act?Selected
Answer:It is ineffective because it only requires disclosure ofinformation about suppliers' working conditions and doesnot govern those suppliersCorrectAnswer:It is ineffective because it only requires disclosure ofinformation about suppliers' working conditions and doesnot govern those suppliersQuestion 1Which of the following is not a stakeholder in a corporation?
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