Stakeholders

Question 1

Businesses have a responsibility to everyone who has a stake in their activities - ?

Answer 1

Stakeholders.

Question 2

Crane and Matten define stakeholders as “an ? or group which either: is harmed by, or ? from, the corporation OR whose rights can be violated, or have to be ?, by the corporation”.

Answer 2

Individual.
Benefits.
Respected.

Question 3

Stakeholder responsibilities are more likely to be obligations that ? can’t reject without serious reputational ?

Answer 3

Businesses.

Damage.

Question 4

Ethical responsibilities can “oblige ? to do what is right, just and fair even when they’re not compelled to do so by the legal ?” (Crane and Matten).

Answer 4

Corporations.

Framework.

Question 5

Identifying in advance how a business’ actions will be perceived by its ? can be challenging. Stakeholder interests ? overlap.

Answer 5

Stakeholders.

Seldom.

Question 6

Stakeholders can pressure ? into taking on corporate social ?, even when businesses don’t have to do so by law.

Answer 6

Businesses.

Responsibilities.

Question 7

Although some businesses try always to “do the ? thing”, most tend to have a mix of approaches to their ? and stakeholder responsibilities. This can include “?” corporate social responsibility projects alongside hard-headed business ? that change the interests of some ?

Answer 7

Right.
Social.
Philanthropic.
Decisions.
Stakeholders.