Business Ethics Chapter Two
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Those who have a claim in some aspect of a firm's products, operations, markets, industry, and outcomes are known as
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Stakeholders
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Stakeholders' power over business stems from their
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ability to withdraw or withhold resources
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Which of the following industries tend to generate a high level of trust from consumers and stakeholders?
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Technology
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Which of the following is NOT a benefit that primary stakeholders tend to provide to organizations?
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Pro-Bono Bookeeping
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A stakeholder group that is absolutely necessary for a firm's survival is defined as
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Primary
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Which of the following is NOT a method typically employed by firms when researching relevant stakeholder groups?
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Guessing
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The originator of the idea of the invisible hand, which is a fundamental concept in free market capitalism , was
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Adam Smith
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In ascending order, Carroll's four levels of social responsibility are
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economic, legal, ethical, philanthropic
