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Week 1 LCBB4013 - Introduction to Stakeholder Engagement Flashcards | StudBud
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Week 1 LCBB4013 - Introduction to Stakeholder Engagement
Week 1 LCBB4013 - Introduction to Stakeholder Engagement
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Answers
1
Who are considered internal stakeholders?
Suppliers and customers
Government and local communities
Employees and managers
All of the above
2
What does the reflective portfolio assessment require students to include?
Weekly reflections and a future project idea
Lecture summaries only
A SWOT analysis of a business
A business plan and financial statement
3
What is one benefit of community engagement for stakeholders?
Exclusive membership to organisations
Charitable funds, capacity building and influence
Access to financial rewards
Government contracts
4
What is a key activity in the planning phase of community engagement?
Identifying community needs and profiles
Reviewing historical trends
Setting marketing goals
Creating financial statements
5
Which report is cited to define community?
UNDP 2020 Report
World Bank Report
Royal Commission on Social Policy, 1988
ILO 2019
6
What increases the chance of failing the LCBB4013 assessment?
Choosing a small community project
Submitting before the deadline
Engaging in weekly reflections
Leaving portfolio work until later
7
Which of the following is NOT a listed learning outcome of the module?
Discuss the benefits of community-based research
Develop action plans for engagement
Launch a business venture
Understand the needs of local community groups
8
What is the main aim of the LCBB4013 Stakeholder Engagement module?
To conduct financial audits
To study economic policies
To identify the concepts and benefits of stakeholder engagement
To learn about business management theories
9
What is a community as defined in the lecture?
Employees of a single company
A group of friends online
A network of people and organisations bound by shared values
Only people living in the same area
10
What type of assessment is used in the LCBB4013 module?
Reflective portfolio
Exam
Group presentation
Multiple-choice quiz
11
What does the engagement process aim to support?
Decision-making for social issues
Profit generation
Employee appraisal
Sales forecasting
12
Which capital is related to shared norms, networks, and trust?
Social/Cultural capital
Finance capital
Physical capital
Natural capital
13
Who defined stakeholder engagement strategy as working collaboratively with groups to address social issues?
Arnold (2007)
Lawrence (2009)
Tarry (2018)
Bowen et al. (2010)
14
When is the LCBB4013 assessment due?
4th August 2025
31st July 2025
1st July 2025
15th July 2025
15
What project is Pfizer known for in stakeholder engagement?
Amigos en Salud diabetes programme
Climate change advocacy
Digital literacy for seniors
Urban farming initiative
16
What is an essential feature of good community engagement?
Use of a wide range of tools and techniques
Strict legal enforcement
Minimal stakeholder involvement
One-size-fits-all approach
17
What issue does Tesco’s stakeholder engagement initiative aim to address?
Public transportation
Local poverty
Employee training
Community fundraising
18
What makes community engagement complex?
It is simple and straightforward
It requires legal procedures
It is a multidimensional construct
It involves only financial transactions
19
Which of the following is an example of stakeholder engagement?
Launching a product advertisement
Hiring an external auditor
Hook & Ladder Brewing Co.’s donation to local firefighters
Staff promotions
20
Which of the following is a benefit of stakeholder engagement for organisations?
Decreased visibility
Increased operational costs
Gaining legitimacy
Loss of community trust