Answer the following statement(s) true (T) or false (F)
1. The normative argument for the stakeholder theory says that the stakeholder view is simply a more realistic description of how companies really work
2. Non-market stakeholders are those engaged in economic transactions with the company as it carries out its primary purpose of providing society with goods and services
3. Market stakeholders include nongovernmental organizations and business support groups
4. Government can be considered both a market and non-market stakeholder
5. The interest of different stakeholders often coincide
1. False
2. False
3. False
4. True
5. True
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The reason for the existence of credence attributes is that:
A) customer lacks the expertise to make an evaluation. B) the products are familiar to most of the customers. C) the products are intangible and customers can only feel it. D) customers are knowledgeable and concerned about the quality of the products.
The Internet is a valuable community relations tool in furthering human relations and progress, both across communities and in our larger society
Indicate whether the statement is true or false