Becoming a Stakeholder Entrepreneur >> New Models of Business in Society
1. There are new models of business in society emerging that are both making money and making the world a better place.
- True
- False
2. In the new stories of business that were discussed, the responsibility of building sustainable value belongs only to environmentalists so businesses should have no concern for the environment.
- True
- False
3. Select the roles that individuals can have in helping business make society a better place: (Select all that apply)
- As an entrepreneur
- As a customer
- As a citizen and community member
- As a student of an online course about how business can create value for society
- As an employee
- As an investor
4. The stakeholder theory suggests that the purpose of business is to create value for all stakeholders, including customers, suppliers, employees, communities and shareholders.
- True
- False
5. The models of corporate philanthropy and corporate social responsibility that are in existence today are the ONLY options that companies have to add value to society.
- True
- False