1. Questions

Principles of Management

Answer questions 1 through 3 based on the following fact:
Wal-Mart sometimes forced its employees to work over time without pay.

1. Which stakeholder of Wal-Mart is the fact mainly about?
a. Customers. B. Employees.
c. Suppliers. D. Governments.

2. What strategy best describes Wal-Mart’s practice toward this stakeholder?
a. Defensive strategy. B. Proactive strategy.
c. Accommodative strategy. D. Reactive strategy.

3. Which highest level of social responsibility has Wal-Mart fulfilled (reached) to this stakeholder?
a. Legal responsibility. B. Economic responsibility.
c. Ethical responsibility. D. Discretionary responsibility.

Answer questions 4 and 5 based on the following facts:
Wal-Mart’s contractors (that produce merchandises for Wal-Mart) in China did not pay their employees the legal minimum wage and did not allow holidays off.

4. Which stakeholder of Wal-Mart is this fact mainly about?
a. Suppliers. B. Employees.
c. Consumers. D. Governments.

5. What strategy best describes Wal-Mart contractors’ practice toward its employees?
a. Reactive strategy. B. Defensive strategy.
c. Accommodative strategy. D. Proactive strategy.

Answer questions 6 and 7 based on the following facts:
It is estimated that 82% of US households made at least one purchase from the Wal-Mart. Wal-Mart prices are an average of 14% lower then their competitors. Wal-Mart shares the saving with its customers through low price and its discount on food alone boosts the welfare of American shoppers by at least $50 billion a year.

6. Which highest level of social responsibility has Wal-Mart met (reached) to this stakeholder?
a. Legal responsibility. B. Economic responsibility.
c. Discretionary responsibility. D. All of the above.

7. What stakeholder of Wal-Mart is the fact mainly about?
a. Employees. B. Governments.
c. Suppliers. D. Customers.

Answer questions 8 through 10 based on the following facts:

Wal-Mart runs the largest corporate cash-giving foundation in America. Wal-Mart has donated millions of dollars to many charitable and community-based organizations.

8. What stakeholder of Wal-Mart is the fact mainly about?
a. Employees. B. Customers.
c. Government. D. Society and communities.

9. What strategy best describes Wal-Mart’s practice toward this stakeholder?
a. Defensive strategy. B. Proactive strategy.
c. Accommodative strategy. D. Reactive strategy.

10. Which highest level of social responsibility has Wal-Mart met to this stakeholder?
a. Discretionary responsibility. B. Legal responsibility.
c. Ethical responsibility. D. Economic responsibility.

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