RQ #1

Is an interactive, forward thinking process

Contemporary issue management:

The capability of corporations to influence government, the economy, and society, based on their organizational resources.

Corporate power refers to:

All of the above.

Corporations that run their operations according to the stakeholder theory of the firm create value by:

Boycotting products if they believe the goods are too expensive.

Customers can exercise economic stakeholder power by:

Evolves through a series of stages.

Over time, the nature of business's relationship with its stakeholders often:

Much less likely to be blindsided by crises and negative surprises.

Proactive companies are:

. The process of ongoing relationship building between a business and its stakeholders.

Stakeholder engagement is:

Systematic process companies use when responding to public issues that are of greatest importance to the business.

The issues management process is a

. All of the above.

What kind of power might a local community use to influence a company's decisions?

Global Corporate Citizenship.

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:

A company breaking past records by maximizing quarterly profits.

Which of the following examples does not show a company guided by enlightened self-interest?

The boundary between business and society is clear and distinct.

Which of the following statements is not true about the interactive social system?

Actions by the government rarely significantly affect business

Which statement is not correct about the business-society interdependence?