Stakeholder Theory Suggests That Through Its Managers,an Ethical Corporation __________

question 87

Multiple Choice

Stakeholder theory suggests that through its managers,an ethical corporation __________.

• A) considers primarily the concerns of top- and mid-level managers
• B) restricts stakeholders to communicate with decision makers so as to ensure smooth functioning of business
• C) acknowledges the potential conflict between managerial self-interest and the ethical responsibility of managers to other stakeholders
• D) focuses and remains within the responsibilities of corporate governance and not to focus on legal responsibilities of managers to society
• E) discourages open procedures that aid managers to monitor their own ethical performance

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Definitions:

NLRA

The National Labor Relations Act, a foundational statute in United States labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Economic Strike

A work stoppage by unionized workers to enforce demands regarding wages, benefits, or working conditions.

Recognition Strikes

Strikes initiated by workers to force an employer to recognize their union as the official bargaining agent for the workforce.

Strike Replacements

Workers who are hired to fill the positions of striking employees during a labor strike.