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Exam 16: Business and Community Stakeholders.

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Question 41

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Strategic philanthropy is when businesses give indiscriminately to many causes.

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Question 42

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Business support for the arts has been increasing.

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Question 43

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Leadership is a standard of excellence in Corporate Community Involvement.

Which of the following is a reason that businesses give to arts programs?

A company may create a positive impact in the community by giving time and talents of its managers.

Community involvement is most commonly manifested through

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Pick a company that you are interested in (maybe you or your parent work there, or it is a company that you would like to work for). Research its giving history. What did you find out? Is it clear how the program fits with the firm's business activities?

The Worker Adjustment and Retraining Notification Act (WARN) requires firms employing 100 or more workers to notify workers of a large layoff or shutdown at least ____ in advance.

Responsibility is considered a standard of excellence in corporate community involvement.

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Research Aramark's community involvement program at http://Aramark.com/. Describe the firm's view of social responsibility and community involvement. In what ways do they contribute?What has been the result of their efforts? Have they been recognized?

Some observers worry that in times of crisis, corporate philanthropy becomes a zero sum game in that contributions that go to alleviate the crisis then do not go to causes that need them.

One way in which philanthropy can be made strategic is to

Which of the following is not a reason commonly given for community involvement?

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Assume that you are the general manager at a plant that will be closing in one year. It is a small plant, and so is not subject to the Worker Adjustment and Retraining Notification Act (WARN). Should you give your employees advance notice of the closing? Why or why not?

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Discuss how Transparency International fulfills its mission to deter and disclose corporate corruption around the world.

Outsourcing refers to the relocation of business processes to a different company.

Major recipients of health and human services giving are:

Firms can provide support to survivors of job losses by providing emotional, directional, tactical and informational support.

It is usually easy to assess the true motives behind businesses' giving.

The business community now encompasses the entire world.