Worksheets1.4.4 Designing businesses for stakeholder alignment
Total questions: 6
Worksheet time: 3mins
Name
Class
Date
1.
Stakeholders need to be aware of the insterests of other stakeholders
a)
TRUE
b)
FALSE
2.
A business should meet the interests of the owners/shareholders while also serving the needs of its employees and the community.
a)
TRUE
b)
FALSE
3.
It is in a company's best interest to actively seek input from stakeholders and proactively search for areas of compromise
a)
TRUE
b)
FALSE
4.
Which of the following is NOT a strategy to ensure stronger alignment between the demands of stakeholders
a)
manager compensation
b)
flexible work policies
c)
Community feedback
d)
Free tax zones
5.
Which of the following could be a way to align the interests of employees and managers?
a)
Reduce decision-making transparency and increase manager pay without increasing employee pay.
b)
Increase decision-making transparency and tie compensation for both employees and managers to long-term company performance.
c)
Employee and manager interests are always aligned, therefore no policy change is needed.
d)
Put employees on short-term renewable contracts.
6.
How could a business ensure that it is aligning its interests with those of the local community?
a)
Follow the same procedures as in their previous project without adjusting for the needs of the new community.
b)
Maximise profits without ensuring long-term sustainability of the project.
c)
Conduct an environmental study and ask for feedback from the local community before, and over, the course of operation.
d)
Bribe a corrupt government official for an environmental permit.
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