Stakeholders and Decision Making Quiz
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Questions and Answers

Which stakeholders should The Daily Recorder consider most when raising its price from 60 to 75 cents?

  • All internal stakeholders
  • All external stakeholders
  • All stakeholders equally
  • Its customers (correct)

The Daily Recorder should primarily inform the rival newspaper, The Daily Sun, about its flat fee for online access.

False (B)

Which group encompasses the broadest range of stakeholders for the Total Freedom political party's stance on climate change?

  • All people in the United States
  • All potential voters
  • All people in the world (correct)
  • Official party members

Which stakeholder group is most interested in automaker union negotiations?

<p>Competitors with similar union representation</p> Signup and view all the answers

Which issue would employees be most interested in?

<p>Changes in healthcare laws (A)</p> Signup and view all the answers

Technology has made it unnecessary for managers to track employees remotely at all times.

<p>False (B)</p> Signup and view all the answers

Dynamic and highly complex industries face considerable uncertainty.

<p>True (A)</p> Signup and view all the answers

Environmental complexity refers to the number of components an organization deals with, and managers prefer environments with minimal __________.

<p>uncertainty</p> Signup and view all the answers

Good managers weigh all stakeholders equally in their decisions.

<p>False (B)</p> Signup and view all the answers

Match the statement to its truth value:

<p>Technology forces managers to track employees remotely = True Environmental complexity refers to many components = True Managers favor environments with high uncertainty = False Employees prioritize supplier price increases = False</p> Signup and view all the answers

Flashcards

Stakeholder Consideration in Price Increase

The Daily Recorder should prioritize its customers when considering a price increase from 60 cents to 75 cents.

Stakeholder NOT to Inform (Online Access)

In a flat-fee online access plan, the Daily Recorder does not need to inform rival newspapers (like The Daily Sun) about their policy changes.

Stakeholders of a Political Party

All people globally, because a political party's views impact everyone globally.

Stakeholders in Union Negotiations (Automaker)

Competitors with similar union representation would be most interested in automaker union negotiations because they'll be directly influenced by the outcome.

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Employee-Focused Issue

Changes in healthcare laws are the issue employees are most interested in, as these directly affect their well-being and benefits.

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Remote Employee Tracking

Technology has forced managers to track employees remotely at all times.

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Complex Industry Uncertainty

Dynamic and highly complex industries face the most uncertainty.

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Environmental Complexity

Environmental complexity describes the number of components an organization deals with.

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Managerial Preference

Managers prefer environments with minimal uncertainty.

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Stakeholder Balancing

Good managers do not weigh all stakeholders equally in decisions.

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