WEEK 1 QUIZ EXAM QUESTIONS (45 TERMS) WITH VERIFIED DEFINITIONS UPDATED 2024
Government in Canada is very influential over corporate decision-making. ABC Corporation is negotiating with aboriginal groups regarding forestry practices in their region and the government is facilitating the process. I...
1). Government in canada is very influential over corporate decision-making. abc corporation is
negotiating with aboriginal groups regarding forestry practices in their region and the
government is facilitating the process. influence and power, in this case, is not held by any
one institution and is dispersed. this example reflects the operation of a ________ society.
a) pluralist
b) collective
c) multicultural
d) business-oriented
e) stakeholder
Ans: A) Pluralist
2). The government of canada recently sold off its remaining shares in petro canada. the
government, in performing this transaction, is acting as which type of stakeholder?
a) owner
b) director
c) supplier
d) consumer
e) government
Ans: A) Owner
3). Which of the following statements regarding employees as stakeholders is incorrect?
a) part-time employment is becoming a more common strategy to hiring employees.
b) employees are considered one of the more obvious and, perhaps, most important
stakeholders
.c) managers are considered employees.
d) employees are individuals who work for the corporation
e) all primary stakeholders can be considered employees.
Ans: E) All primary stakeholders can be considered employees
4). A news report came out in saskatchewan that the beef supplier for "burgers r us" was not
implementing hygienic practices. all of the following stakeholders are likely to have
discussed a change of approach to purchasing meat with "burgers r us", except:
a) the owners, lenders, and creditors
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, b) the current supplier
c) the media
d) the government
e) the customers and the general public
Ans: B) The current supplier
5). 5) cathy drinks a lot of coffee to help her stay awake during midterms. however will only
purchase coffee that is produced under conditions that guarantee good working conditions
for the labourers and respect for human rights and environmental protection. cathy is a
consumer of:
a) product red brand
b) boycotted products
c) whole foods market
d) fairtrade products
e) green products
Ans: D) Fair-trade Products
6). Janet is on the board of directors for spt corporation. which of the following assumptions
about janet's involvement with spt corporation is incorrect?
a) in her role as a board member, janet is responsible for the functioning of spt corporation
b) janet is not a shareholder of spt corporation
c) janet is a competitor of spt corporation.
d) janet was elected by the shareholders to this role
.e) janet's position on the board is not permanent.
Ans: C) Janet is a competitor of SPT Corporation.
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