1.4.4 Designing businesses for stakeholder alignment

Stakeholders need to be aware of the insterests of other stakeholders

• TRUE
• FALSE

A business should meet the interests of the owners/shareholders while also serving the needs of its employees and the community.

• TRUE
• FALSE

It is in a company's best interest to actively seek input from stakeholders and proactively search for areas of compromise

• TRUE
• FALSE

Which of the following is NOT a strategy to ensure stronger alignment between the demands of stakeholders

• manager compensation
• flexible work policies
• Community feedback
• Free tax zones

Which of the following could be a way to align the interests of employees and managers?

• Reduce decision-making transparency and increase manager pay without increasing employee pay.
• Increase decision-making transparency and tie compensation for both employees and managers to long-term company performance.
• Employee and manager interests are always aligned, therefore no policy change is needed.
• Put employees on short-term renewable contracts.

How could a business ensure that it is aligning its interests with those of the local community?

• Follow the same procedures as in their previous project without adjusting for the needs of the new community.
• Maximise profits without ensuring long-term sustainability of the project.
• Conduct an environmental study and ask for feedback from the local community before, and over, the course of operation.
• Bribe a corrupt government official for an environmental permit.