BGSO Midterm

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Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are:

Boundary-spanning departments.

Which one of the following is considered to be a nonmarket stakeholder of business?

Nongovernmental organizations.

When something stands out from a background, is seen as important, or draws attention it is:

Salient.

A firm subscribing to the ownership theory of the firm would mainly be concerned with providing value for its:

Shareholders.

The five types of stakeholders' power recognized by most experts are:

Voting, economic, political, legal, and informational power.


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