Stakeholder Theory and Business Ethics Quiz
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Questions and Answers

What does the stakeholder theory address in managing an organization?

  • Maximizing shareholder wealth
  • Morals and values related to corporate social responsibility (correct)
  • Minimizing employee turnover
  • Focusing solely on market economy

    • What does the stakeholder view of strategy integrate?

  • An employee-centric view and a customer-centric view
  • A government-centric view and a competitor-centric view
  • A shareholder-centric view and a profit-centric view
  • A resource-based view and a market-based view (correct)

    • What does the normative theory of stakeholder identification seek to define?

  • Specific stakeholders of a company (correct)
  • Consumer behavior
  • Employee satisfaction levels
  • Market trends

    • What does the descriptive theory of stakeholder salience examine?

    <p>The conditions under which managers treat specific parties as stakeholders</p> Signup and view all the answers

    In which fields did stakeholder theory challenge the usual analysis frameworks?

    <p>Law, management, and human resources</p> Signup and view all the answers

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