Mngt 361 Exam I (Ch. 1 examples)

1. Mngt 361 Exam I (Ch. 1 examples) • I. Vocabulary (meaning and significance) • Market stakeholder • Note text website flashcards • II. Multiple Choice • Which of the following statements is not true about the interactive social system? A) Business and society need, as well as influence, each other. B) The boundary line between business and society is clear and distinct. C) Business is a part of society, and society penetrates far and often into the business. D) Business and society are both separate and connected. • Answer: B • Note text website quizzes • III. Short Answer (Note: Excellent answers will make connections to the relevant discussion cases, case studies, and/or supplemental readings.) • What is stakeholder analysis, and how can it be used to build collaborative relationships? • IV. Bonus • What lessons can be learned from the Fortune article “Tapping the Trust Fund”?

2. Mngt 361 Exam I (Ch. 1 examples) • The exam will be 75 minutes in length and will consist of six vocabulary terms (with a choice out of seven) [30%], 20 multiple choice questions [40%], and three short answer questions (with a choice out of four) [30%]. • Keep in mind that you are responsible for material covered in the text, class lecture and discussion, and assigned supplemental readings. • A good written answer is one that demonstrates command of the basics; an excellent answer is one that goes beyond the basics to integrate text, class lecture and discussion, and/or other things such as examples from one’s work experiences, discussion cases, case studies, and/or supplemental readings. • Conversely, a deficient answer is one that fails to demonstrate a command of the basics.