Question 2 (1 point) "Pay for performance" compensation schemes have lowered executive compensation levels in response to social pressures regarding excessively high salaries. O True O False (1 point) The board of directors determines the corporation's social responsibility initiatives. O True O False Question 6 (1 point) Opponents to the stakeholder concept argue, in part, that considering broader social issues is not the mandate of a business in the capitalist system. O True O False Question 7 (1 point) The four stages proposed in the Anatomy of a Crisis include: a b c Pre-acute, acute, pre-chronic, and chronic. Prodromal, peak, acute, and continuous. Pre-crisis, mid-crisis, post-crisis, and peak-crisis. Prodromal, resolved, crisis, and peak. Prodromal, acute, chronic, and resolution. e a Question 8 (1 point) Which of the following statements regarding employees as stakeholders is incorrect? Employees are individuals who work for the corporation. b Managers are considered employees. Part-time employment is becoming a more common strategy to hiring employees. Employees are considered one of the more obvious and, perhaps, most important stakeholders. All primary stakeholders can be considered employees. C e a Question 9 (1 point) Sustainable pay links executive compensation to: Cost containment Ob Risk mitigation Relevant peer groups Environmental, social, and governance performance targets Profit margins C e Question 10 (1 point) Phillips identifies derivative stakeholders are those to whom the organization has an obligation. True O False