Question 1

All corporations should involve themselves in stakeholder management.

Accepted Answer

A) True 
 B)False

Question 2

Latent stakeholders are those with one attribute and low salience,whereas expectant stakeholders possess three attributes and are more salient.

Accepted Answer

A) True 
 B)False

Question 3

A corporation can increase its understanding of its stakeholders by answering these questions except:

Accepted Answer

A) Who are our stakeholders? 
B) What are their stakes? 
C) What responsibilities do our stakeholders have to our firm? 
D) What strategies should our firm take? 
E) What opportunities and challenges are presented to our firm? 
A) Who are our stakeholders? 
B) What are their stakes? 
C) What responsibilities do our stakeholders have to our firm? 
D) What strategies should our firm take? 
E) What opportunities and challenges are presented to our firm?

Question 4

Stakeholder management capability involves analysis of the power stakeholders held over the organization's decisions.This is done in the process level of stakeholder management.

Accepted Answer

A) True 
 B)False

Question 5

Portfolio analysis can be used to assess stakeholders.

Accepted Answer

A) True 
 B)False

Question 6

There are very few channels to distribute MNKY Corporation's product to rural New Brunswick.The company has therefore become dependent upon TRK Shipping to distribute its product.The only alternative shipper makes a deal with TRK Shipping to not bid down the contract price.The alternative shipper is applying a(n)______strategy on behalf of TRK Shipping.

Accepted Answer

A) influence pathway 
B) withholding 
C) usage and influence pathway 
D) withholding and influence pathway 
E) usage 
A) influence pathway 
B) withholding 
C) usage and influence pathway 
D) withholding and influence pathway 
E) usage

Question 7

The position/importance matrix is a method used to categorize stakeholders.Stakeholders who would oppose the organization's course of action and are relatively unimportant to the organization would be placed in the_________ category.

Accepted Answer

A) antagonistic stakeholders 
B) problematic stakeholders 
C) supporter stakeholders 
D) low priority stakeholders 
E) None of the answers. 
A) antagonistic stakeholders 
B) problematic stakeholders 
C) supporter stakeholders 
D) low priority stakeholders 
E) None of the answers.

Question 8

Wearebig is a retail chain planning to open a new store southern Manitoba.The location was chosen because the city's size should provide an excellent customer base for the store.Residents of a small,neighbouring town are excited that the store will be open and plan to shop there as well.The residents of the small town are most probably_________stakeholders  and Wearebig  should adopt a strategy to	________.

Accepted Answer

A) supportive; promote their involvement with other supporters 
B) low priority; provide information to reinforce this position 
C) supportive; provide information to reinforce this position 
D) low priority; promote their involvement with supporters 
E) None of the answers. 
A) supportive; promote their involvement with other supporters 
B) low priority; provide information to reinforce this position 
C) supportive; provide information to reinforce this position 
D) low priority; promote their involvement with supporters 
E) None of the answers.

Question 9

The types of latent stakeholders include all of following,except:

Accepted Answer

A) Dormant 
B) Demanding 
C) Discretionary 
D) Dangerous 
E) All are types of latent stakeholders. 
A) Dormant 
B) Demanding 
C) Discretionary 
D) Dangerous 
E) All are types of latent stakeholders.

Question 10

A chemical manufacturing plant obtains various ingredients from many suppliers.There is one rare ingredient that is only available from a single supplier.This relationship is an example of:

Accepted Answer

A) Indirect/withholding (low interdependence). 
B) Direct/withholding (stakeholder power). 
C) Indirect/usage (firm power). 
D) Direct/usage (high interdependence). 
E) None of the answers. 
A) Indirect/withholding (low interdependence). 
B) Direct/withholding (stakeholder power). 
C) Indirect/usage (firm power). 
D) Direct/usage (high interdependence). 
E) None of the answers.

Question 11

The degree to which managers give priority to competing issues is called issue salience.

Accepted Answer

A) True 
 B)False

Question 12

Sandra is responsible for working with a stakeholder group that is considered to be non-supportive.An appropriate strategy based on the diagnostic typology is:

Accepted Answer

A) collaborate 
B) threaten 
C) encourage 
D) defend 
E) monitor 
A) collaborate 
B) threaten 
C) encourage 
D) defend 
E) monitor

Question 13

A strategy to manage antagonistic stakeholders is to provide educational programs.

Accepted Answer

A) True 
 B)False

Question 14

Identify and describe the six steps of the issues management process as outlined in the text.

Accepted Answer

Identification of Issues Analy

Question 15

An oil company has just announced its intentions for a new drill site.Immediately,a known activists group mobilizes,barricades all access to the new drill site and directs media attention to the environmental concern.This group has a negative public image for getting involved in issues without due diligence in their research.This activist group
Would be considered a_______ stakeholder.

Accepted Answer

A) dangerous 
B) discretionary 
C) dominant 
D) demanding 
E) dependent 
A) dangerous 
B) discretionary 
C) dominant 
D) demanding 
E) dependent

Question 16

Stakeholder management includes all of the following,except:

Accepted Answer

A) Focus on managing relationships 
B) Long-term goals 
C) Buffering the organization. 
D) Idiosyncratic implementation 
E) Fragmentation among departments 
A) Focus on managing relationships 
B) Long-term goals 
C) Buffering the organization. 
D) Idiosyncratic implementation 
E) Fragmentation among departments

Question 17

When considering the diagnostic typology of organizational stakeholders,the strategy for managing marginal stakeholders is to monitor them closely while recognizing that their interests are narrow and issue-specific.

Accepted Answer

A) True 
 B)False

Question 18

Outline the three attributes of stakeholders,according to Mitchell,Agle,and Wood.

Accepted Answer

Power is exercising a relationship among

Question 19

Ranking issues by importance instead of the stakeholders is not an effective way to stakeholder management.

Accepted Answer

A) True 
 B)False

Question 20

Nahreem is identifying the salient stakeholders for her company.She determines that a particular NGO is dangerous because it possesses power and urgency but lacks
legitimacy.

Accepted Answer

A) True 
 B)False

All corporations should involve themselves in stakeholder management.

Latent stakeholders are those with one attribute and low salience,whereas expectant stakeholders possess three attributes and are more salient.

A corporation can increase its understanding of its stakeholders by answering these questions except:

Stakeholder management capability involves analysis of the power stakeholders held over the organization's decisions.This is done in the process level of stakeholder management.

Portfolio analysis can be used to assess stakeholders.

The position/importance matrix is a method used to categorize stakeholders.Stakeholders who would oppose the organization's course of action and are relatively unimportant to the organization would be placed in the_________ category.

The types of latent stakeholders include all of following,except:

A chemical manufacturing plant obtains various ingredients from many suppliers.There is one rare ingredient that is only available from a single supplier.This relationship is an example of:

The degree to which managers give priority to competing issues is called issue salience.

Sandra is responsible for working with a stakeholder group that is considered to be non-supportive.An appropriate strategy based on the diagnostic typology is:

A strategy to manage antagonistic stakeholders is to provide educational programs.

Identify and describe the six steps of the issues management process as outlined in the text.

Stakeholder management includes all of the following,except:

When considering the diagnostic typology of organizational stakeholders,the strategy for managing marginal stakeholders is to monitor them closely while recognizing that their interests are narrow and issue-specific.

Outline the three attributes of stakeholders,according to Mitchell,Agle,and Wood.

Ranking issues by importance instead of the stakeholders is not an effective way to stakeholder management.

Nahreem is identifying the salient stakeholders for her company.She determines that a particular NGO is dangerous because it possesses power and urgency but lacks legitimacy.

The Relationship Between Business and Society

Ethics and Capitalism

Identifying Stakeholders and Issues

Ethics of Business: The Theoretical Basis

Ethics of Business: Management and Leadership

Corporate Social Responsibility: The Concept

Corporate Social Responsibility: in Practice

Measuring,reporting,and Communicating CSR

Regulating Business Ethics and Responsibilities

Responsible Ownership and Governance

Ethics and Responsibilities in the Workplace and Marketplace

Civil Society Stakeholders

The Environment and Business Responsibilities

Globalization and Business Responsibilities

The Socialization of Capitalism

Filters

Exam 4: Stakeholder and Issue Analysis

All corporations should involve themselves in stakeholder management.

Latent stakeholders are those with one attribute and low salience,whereas expectant stakeholders possess three attributes and are more salient.

A corporation can increase its understanding of its stakeholders by answering these questions except:

Stakeholder management capability involves analysis of the power stakeholders held over the organization's decisions.This is done in the process level of stakeholder management.

Portfolio analysis can be used to assess stakeholders.

The position/importance matrix is a method used to categorize stakeholders.Stakeholders who would oppose the organization's course of action and are relatively unimportant to the organization would be placed in the_________ category.

The types of latent stakeholders include all of following,except:

A chemical manufacturing plant obtains various ingredients from many suppliers.There is one rare ingredient that is only available from a single supplier.This relationship is an example of:

The degree to which managers give priority to competing issues is called issue salience.

Sandra is responsible for working with a stakeholder group that is considered to be non-supportive.An appropriate strategy based on the diagnostic typology is:

A strategy to manage antagonistic stakeholders is to provide educational programs.

Identify and describe the six steps of the issues management process as outlined in the text.

Stakeholder management includes all of the following,except:

When considering the diagnostic typology of organizational stakeholders,the strategy for managing marginal stakeholders is to monitor them closely while recognizing that their interests are narrow and issue-specific.

Outline the three attributes of stakeholders,according to Mitchell,Agle,and Wood.

Ranking issues by importance instead of the stakeholders is not an effective way to stakeholder management.

Nahreem is identifying the salient stakeholders for her company.She determines that a particular NGO is dangerous because it possesses power and urgency but lacks legitimacy.

The Relationship Between Business and Society

Ethics and Capitalism

Identifying Stakeholders and Issues

Ethics of Business: The Theoretical Basis

Ethics of Business: Management and Leadership

Corporate Social Responsibility: The Concept

Corporate Social Responsibility: in Practice

Measuring,reporting,and Communicating CSR

Regulating Business Ethics and Responsibilities

Responsible Ownership and Governance

Ethics and Responsibilities in the Workplace and Marketplace

Civil Society Stakeholders

The Environment and Business Responsibilities

Globalization and Business Responsibilities

The Socialization of Capitalism

Filters