QUESTION 1 Which of the following are true according to the strategic business i

Question

QUESTION 1

Which of the following are true according to the strategic business insight about Unilever? Please select all that apply.

Unilever listened to Greenpeace

Unilever checked the facts for themselves

Unilever agreed with Greenpeace

Unilever disagreed with Greenpeace

Unilever did not listen to Greenpeace

QUESTION 2

After completing the reading, which do you think is more practically useful to a manager?

To think of stakeholders in terms of whether they are primary or secondary stakeholders?

To think of stakeholders in terms of their attributes of power, legitimacy and urgency?

QUESTION 3

In the strategic business ethics insight about Palm oil, Nestle, and Sinar Mas, what form of power did Greenpeace exercise over Nestle?

Coercive power

Utilitarian power

Normative power

QUESTION 4

Please match each stakeholder attribute below, with the factor that is most closely related to it. Use each stakeholder attribute only once.

Control over resources (e.g. land, weapons, funding, public opinion)

Legality / ethicality of their interests

The degree to which an issue is a high or low priority for a given stakeholder

Power

Urgency

Legitimacy

QUESTION 5

stakeholder mapping based on the stakeholder attributes of power and urgency, and does not include the attribute of stakeholder legitimacy. The figure assumes that stakeholders...

have NO legitimacy

have legitimacy

QUESTION 6

According to the Stakeholder Ethical Responsibility Matrix (SERM), which of the following are true? Please select all that apply.

Shareholders at Puma place a high priority on labor and human rights

Shareholders at Puma place a high priority on supplier issues (e.g. sweatshops)

Employees can help Puma fix supplier issues

Suppliers can help Puma fix environmental issues

NGOs can help Puma fix environmental issues

QUESTION 7

Which of the following steps is most appropriate for MEASURING whether stakeholder management is effective?

Stakeholder identification

Stakeholder prioritization

Stakeholder visualization / mapping

Stakeholder engagement

Stakeholder monitoring

QUESTION 8

The section on "Stakeholder Importance Worldwide" suggests which of the following?

Companies should put shareholders first

Companies should put customers first

Companies should put the environment first

Companies should engage to meet the legitimate interests of stakeholders

Companies should engage to deliver on all interests of all stakeholders

Unilever listened to Greenpeace

Unilever checked the facts for themselves

Unilever agreed with Greenpeace

Unilever disagreed with Greenpeace

Unilever did not listen to Greenpeace

Explanation / Answer

Ans. 1- Unilever checked the facts for themselves.

Ans. 2- More practically useful to a manager-To think of stakeholders in terms of whether they are primary or secondary stakeholders?

Ans. 3- Normative power

Ans. 4-

(a)-Control over resources (e.g. land, weapons, funding, public opinion)- Power

(b) Legality / ethicality of their interests- Legitimacy

(c) The degree to which an issue is a high or low priority for a given stakeholder- Urgency

Ans.5- No legitimacy.

Ans. 6- Shareholders at Puma place a high priority on labor and human rights.

Ans. 7- Stakeholder engagement.

Ans. 8- Companies should engage to meet the legitimate interests of stakeholders

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