Creating Value for Stakeholders >> New Models of Business in Society
1. Which of the following executives are practicing Conscious Capitalism and helping to rewrite the old narrative of business? (Check all that apply)
- Tom Gardner, The Motley Fool
- Kip Tindell, The Container Store
- John Mackey, Whole Food Market
- Bernie Ebbers, WorldCom
2. What are the four key principles of the “Conscious Capitalism” movement? (Check all that apply)
- Purpose is greater than profits
- Multi-stakeholder view without tradeoffs
- Conscious leadership
- Conscious and supportive culture
- Disregard environmental sustainability efforts
3. The definition of a stakeholder is, “any group or individual who can affect or be affected by the achievement of your purpose.”
- True
- False
4. According the Friction Principle, which of the following can be a source of value creation?
- Conflict and criticism
- Higher production
- Increase in marketing
- Lower production costs
5. “Thriving employees” are satisfied, engaged, productive and have better overall performance in the workplace.
- True
- False
