Question 1

Organizations must identify their stakeholders to obtain their resources and maintain their legitimacy.

Accepted Answer

A) True 
 B)False

Question 2

It is the responsibility of the board of directors,not the manager,to determine how to respond to stakeholders' power and pressures.

Accepted Answer

A) True 
 B)False

Question 3

Opponents to the stakeholder concept argue,in part,that considering broader social issues is not the mandate of a business in the capitalist system.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following statements regarding employees as stakeholders is  incorrect ?

Accepted Answer

A) Managers are considered employees. 
B) Employees are individuals who work for the corporation. 
C) Part-time employment is becoming a more common strategy to hiring employees. 
D) All primary stakeholders can be considered employees. 
E) Employees are considered one of the more obvious and,perhaps,most important stakeholders.

Question 5

One of the main issues pertaining to the automotive industry in Canada is green manufacturing.

Accepted Answer

A) True 
 B)False

Question 6

The benefits of issues management include all of the following,except:

Accepted Answer

A) Corporation's credibility is enhanced 
B) Corporate behaviour is more consistent with societal expectations 
C) Corporation's vulnerability is decreased 
D) Enables corporations to identify issues earlier 
E) Reduces the firm's competitive advantage

Question 7

The issue life cycle outlines the stages through which an issue progresses.Those stages are:

Accepted Answer

A) Awareness,growth,prominent,threatening,and decline 
B) Introduction,growth,maturity,decline,and resolution 
C) Introduction,growth,maturity,and decline 
D) None or little,awareness,increasing,prominent,peak,and declining 
E) None or little,increasing,prominent,peak,and declining

Question 8

One of the issues which resulted from the E.coli crisis at XL Foods was that the cattle industry was concerned about their future as consumers may purchase less beef,and that there may be damage to international markets.

Accepted Answer

A) True 
 B)False

Question 9

Normative stakeholders include all of the following,except:

Accepted Answer

A) competitors 
B) financers 
C) employees 
D) consumers 
E) suppliers

Question 10

The concept of a stakeholder has broadened in time to include individuals or groups other than owners,government and labour.

Accepted Answer

A) True 
 B)False

Question 11

The purposes of issues management include all of the following,except:

Accepted Answer

A) It provides a mechanism for coordination. 
B) It can prepare managers for most issues that can arise. 
C) It serves as an early warning system. 
D) It provides a framework for assessment. 
E) It is more systematic in dealing with concerns.

Question 12

The role of the board of directors is to determine the corporation's strategic direction,monitor and review performance,and hire and fire the top executives.

Accepted Answer

A) True 
 B)False

Question 13

Jack recently purchased a small furniture store that specializes in handmade,high quality products.The company,when he purchased it,relied almost exclusively on wood from old growth forests.He temporarily closes the business until a supplier of sustainable wood products can be found.The company is at what stage of the issue life cycle?

Accepted Answer

A) Increasing 
B) Peak 
C) Awareness 
D) Prominent 
E) Growth

Question 14

What are the main arguments from those who oppose the stakeholder concept?

Accepted Answer

The answer of What are the main arguments from those...

Question 15

In Fink's Anatomy of a Crisis,the acute crisis stage is the point at which the situation resolves itself.

Accepted Answer

A) True 
 B)False

Question 16

Derivative stakeholders are those from whom the corporation has not accepted benefits,but they hold power over the corporation and may exert either a beneficial or harmful influence.

Accepted Answer

A) True 
 B)False

Question 17

Secondary interactions include all of the following,except:

Accepted Answer

A) government 
B) business support groups 
C) the general public 
D) investors 
E) local communities

Question 18

The four stages proposed in the Anatomy of a Crisis include:

Accepted Answer

A) Prodromal,resolved,crisis,and peak 
B) Pre-crisis,mid-crisis,post-crisis,and peak-crisis 
C) Prodromal,acute,chronic,and resolution 
D) Pre-acute,acute,pre-chronic,and chronic 
E) Prodromal,peak,acute,and continuous

Question 19

Early identification of an emerging issue that deals with conflicting value and interest is important.

Accepted Answer

A) True 
 B)False

Question 20

A news report came out in Saskatchewan that the beef supplier for "Burgers R Us" was not implementing hygienic practices.All of the following stakeholders are likely to have discussed a change of approach to purchasing meat with "Burgers R Us",except:

Accepted Answer

A) The Customers and the General Public 
B) The Current Supplier 
C) The Government 
D) The Owners,Lenders,and Creditors 
E) The Media

Exam 3: Identifying Stakeholders and Issues

Organizations must identify their stakeholders to obtain their resources and maintain their legitimacy.

It is the responsibility of the board of directors,not the manager,to determine how to respond to stakeholders' power and pressures.

Opponents to the stakeholder concept argue,in part,that considering broader social issues is not the mandate of a business in the capitalist system.

Which of the following statements regarding employees as stakeholders is incorrect ?

One of the main issues pertaining to the automotive industry in Canada is green manufacturing.

The benefits of issues management include all of the following,except:

The issue life cycle outlines the stages through which an issue progresses.Those stages are:

One of the issues which resulted from the E.coli crisis at XL Foods was that the cattle industry was concerned about their future as consumers may purchase less beef,and that there may be damage to international markets.

Normative stakeholders include all of the following,except:

The concept of a stakeholder has broadened in time to include individuals or groups other than owners,government and labour.

The purposes of issues management include all of the following,except:

The role of the board of directors is to determine the corporation's strategic direction,monitor and review performance,and hire and fire the top executives.

What are the main arguments from those who oppose the stakeholder concept?

In Fink's Anatomy of a Crisis,the acute crisis stage is the point at which the situation resolves itself.

Derivative stakeholders are those from whom the corporation has not accepted benefits,but they hold power over the corporation and may exert either a beneficial or harmful influence.

Secondary interactions include all of the following,except:

The four stages proposed in the Anatomy of a Crisis include:

Early identification of an emerging issue that deals with conflicting value and interest is important.

A news report came out in Saskatchewan that the beef supplier for "Burgers R Us" was not implementing hygienic practices.All of the following stakeholders are likely to have discussed a change of approach to purchasing meat with "Burgers R Us",except: