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Test Bank Business and Society Ethical, Legal and Digital Environments 1st Edition
- From Business, General Business
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Chapter 1: Stakeholder and Shareholder Theories of the Firm
Multiple Choice
1. A ______ is legal entitlement or a right to be treated in a certain way.
a. stake
b. stakeholder
c. claim
d. shareholder
Ans: C
Learning Objective 1.1: Describe what is a stake and who is a stakeholder.
Cognitive Domain: Knowledge
Answer Location: Defining Stake and Stakeholder
Difficulty Level: Easy
AACSB Standard: Application of knowledge
2. A kind of interest in or claim on something of value is a ______.
a. claim
b. stake
c. stakeholder
d. shareholder
Ans: B
Learning Objective 1
Available Answer
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