Exam 3: The Stoikt:holdc:r Approach to Businssotit:l, and Elhics

Which of the following is not an attribute upon which managers judge the importance of stakeholders?

Are the natural enviromnent and nonhuman species properly considered stakeholders of the firm? Defend your answer.

Responsibilities for stakeholder management include all of the following except

The descriptive value of the stakeholder model is based in its ability to identify and describe particular stakeholders for the finn.

The stakeholder model has normative value because it emphasizes how stakeholders should be treated.

Stakeholder management capability is thought of in three levels.Which is considered the highest level?

A group of people who is able to influence the finn,but does not hold a direct stake in is known as

A nonhuman species (such as the spotted owl)that holds a direct stake in a firm is called a

Describe the origin of stake and stakeholder.

Once stakeholders have been identified,the firm can safely assume that they will remain the same for several years.

Which of the frrm's social responsibilities is not relevant in analyzing management's duties to stakeholders?

A stakeholder's ability or capacity to produce an effect within the finn is called its

The assumption underlying the instrumental value of the stakeholder model is that effective stakeholder management should lead to achievement of traditional business goals such as profits and growth.

The recommended strategy for nonsupportive stakeholders is to

Some authors indicate that the corporate model needs redefinition because of all the following except

The view of the firm that recognizes suppliers,customers,employees,and owners as stakeholders is the

The use of generic groups to answer the question "Who are our stakeholders?" is generally sufficient for businesses.

Business organizations must address the legitimate needs and expectations of stakeholders because

To get a corporation to respond to its demands a stakeholder must hold all three attributes of power,legitimacy,and urgency.

The diagnostic typology of organizational stakeholders categorizes stakeholders by their perceived level of cooperation and/or threat.Explain how this typology works and evaluate its usefulness.