ethics_quiz_ch3 - CH3 The Stakeholder Approach to Business,...

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1 A stake can be either a legal right or a moral right to expect certain behavior from a business. True False correct: true 2 The stakeholder synthesis approach to stakeholder management acknowledges that companies have moral and fiduciary obligations to stakeholders. True False correct: false 3 Under stakeholder management, managers of the firm and the firm's stakeholders share responsibility for establishing the firm's goals. True False correct: false 4 Many small, individual stakeholders can exert significant power over a company if they organize into a group. True False correct: true 5 Stakeholder management capability occurs on three levels, including the rational, normative, and transactional levels. True False correct: false 6 The stakeholder view of the firm includes only: a. suppliers and customers. b. suppliers, customers, employees, and owners. c. stockholders.
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ethics_quiz_ch3 - CH3 The Stakeholder Approach to Business,...

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