Question 1

The Kyoto Protocol requires developed nations to reduce their greenhouse gas emissions only by modifying their domestic industries.

Accepted Answer

A) True 
 B)False

Question 2

The difference between old social contract approach to corporate management and modern social contract approach is that the:

Accepted Answer

A)   old social contract emphasizes advancement in the quality of life,whereas the modern social contract approach emphasizes economic advancement.
B)   old social contract approach argues that there is an obligation for the corporation to meet the demands of the society,whereas the modern social contract approach argues a company's obligation is only to its shareholders.
C)   modern social contract approach focuses on the delivery of quarterly earnings numbers,short-term perspective,whereas the old social contract focuses on maintaining a longer-term perspective.
D)   modern social contract approach aims to the meet the demands of all stakeholders and the shareholders,whereas the old social contract approach was based only on economic growth.

Question 3

Critics have argued that,from an ethical perspective,altruistic CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following companies implements Milton Friedman's view of the corporate world?

Accepted Answer

A)   A company that donates a certain portion of profit to an organization for underprivileged children.
B)   A company that makes as much profit as possible to ensure that the investments made by the company are successful.
C)   A company that stipulates that profits should be earned at any cost,be it deception or fraud.
D)   A company that believes its social responsibility is beyond serving the interests of its stockholders.

Question 5

_____ CSR refers to philanthropic approach to corporate social responsibility in which organizations target programs that will generate the most positive publicity or goodwill for the organization but which runs the greatest risk of being perceived as self-serving behavior on the part of the organization.

Accepted Answer

A)   Altruistic
B)   Ethical
C)   Economic
D)   Strategic

Question 6

The instrumental approach is a simplistic model that focuses on the internal world of the corporation.

Accepted Answer

A) True 
 B)False

Question 7

According to Joseph F.Keefe,_____ is a major trend behind the corporate social responsibility phenomenon that does not allow companies to conceal their business practices.

Accepted Answer

The answer of According to Joseph F.Keefe,_____ is a major...

Question 8

The companies that support the policy of _____ believe that doing what's best in the long-term interest of the customer is ultimately doing what's best for the company.

Accepted Answer

doing well...

Question 9

Many companies' annual reports reflect a _____ approach that includes updates on their social and environmental activities in addition to their bottom-line financial performance.

Accepted Answer

The answer of Many companies' annual reports reflect a _____...

Question 10

Critics have argued that,from an ethical perspective,_____ CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Accepted Answer

The answer of Critics have argued that,from an ethical perspective,_____...

Question 11

Anderson Enterprises (AE)issues free meal coupons to its employees and also provides them with travel allowances.This illustrates that AE pursues the triple bottom-line approach.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is an example of an organization's instrumental approach to corporate social responsibility (CSR) ?

Accepted Answer

A)   Anonymous Minds,an advertising firm,provides employees with healthy meals and has a gymnasium at the workplace.
B)   Anderson Inc.provides employees with cab facility or gives them fuel allowance.
C)   Larsen's Corp.,an investment company,uses different mechanisms to increase profits and has performance incentives for its employees.
D)   GreenSpin Inc.uses biodegradable plastic containers in its office cafeteria.

Question 13

Corporate social responsibility initiatives:

Accepted Answer

A)   focus more on profit maximization than customer relationships.
B)   do not generate long-term financial gains to the organization.
C)   do not always generate immediate financial gains to the organization.
D)   focus more on financial gains for the company than legal compliance.

Question 14

Corporations merely experimenting with corporate social responsibility initiatives run the risk of creating adverse results as the public sees little more than a token action that is concerned with publicity rather than community.

Accepted Answer

A) True 
 B)False

Question 15

The _____ approach to corporate social responsibility (CSR)argues that philanthropic initiatives are authorized without concern for the corporation's overall profitability.

Accepted Answer

The answer of The _____ approach to corporate social responsibility...

Question 16

Corporate social responsibility assumes that the corporation:

Accepted Answer

A)   is operating in a competitive environment.
B)   is committed to follow a retrenchment strategy exclusively.
C)   is permitted to ignore federal and state legal obligations.
D)   is exclusively committed to a moderate growth strategy.

Question 17

_____ refers to the actions of an organization that target toward achieving a social benefit over and above maximizing profits for its shareholders and meeting all its legal obligations.

Accepted Answer

Corporate ...

Question 18

Spark Inc.(SI) ,a multinational corporation,had reported large losses in the previous financial year.To overcome these losses,the company planned to take the instrumental approach to corporate management.Which of the following best illustrates this approach?

Accepted Answer

A)   SI provides employees with healthy meals and has a gymnasium at the workplace.
B)   SI provides employees with cab facility or gives them fuel allowance.
C)   SI uses its resources to enhance the productivity of employees and thus increases profits.
D)   SI uses biodegradable plastic containers in its office cafeteria.

Question 19

Joseph F.Keefe asserts that there are five major trends behind the corporate social responsibility phenomenon. F.Keefe asserts that there are three major trends behind the corporate social responsibility phenomenon.
Joseph

Accepted Answer

A) True 
 B)False

Question 20

Discuss the difference between ethical,altruistic,and strategic types of corporate social responsibility (CSR).

Accepted Answer

Ethical CSR pursues a clearly defined se...

Exam 4: Corporate Social Responsibility

_____ refers to the actions of an organization that target toward achieving a social benefit over and above maximizing profits for its shareholders and meeting all its legal obligations.

Correct Answer
verified
Corporate ...
View Answer

Correct Answer
verified

Discuss the difference between ethical,altruistic,and strategic types of corporate social responsibility (CSR).

Correct Answer
verified
Ethical CSR pursues a clearly defined se...
View Answer

Corporate social responsibility assumes that the corporation:

Correct Answer
verified

Which of the following companies implements Milton Friedman's view of the corporate world?

Correct Answer
verified

The _____ approach to corporate social responsibility (CSR)argues that philanthropic initiatives are authorized without concern for the corporation's overall profitability.

Correct Answer
verified

Corporate social responsibility initiatives:

Correct Answer
verified

The instrumental approach is a simplistic model that focuses on the internal world of the corporation.

Correct Answer
verified

Joseph F.Keefe asserts that there are five major trends behind the corporate social responsibility phenomenon. F.Keefe asserts that there are three major trends behind the corporate social responsibility phenomenon. Joseph

Correct Answer
verified

Which of the following is an example of an organization's instrumental approach to corporate social responsibility (CSR) ?

Correct Answer
verified

Spark Inc.(SI) ,a multinational corporation,had reported large losses in the previous financial year.To overcome these losses,the company planned to take the instrumental approach to corporate management.Which of the following best illustrates this approach?

Correct Answer
verified

The Kyoto Protocol requires developed nations to reduce their greenhouse gas emissions only by modifying their domestic industries.

Correct Answer
verified

The companies that support the policy of _____ believe that doing what's best in the long-term interest of the customer is ultimately doing what's best for the company.

Correct Answer
verified
doing well...
View Answer

Critics have argued that,from an ethical perspective,altruistic CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Correct Answer
verified

The difference between old social contract approach to corporate management and modern social contract approach is that the:

Correct Answer
verified

According to Joseph F.Keefe,_____ is a major trend behind the corporate social responsibility phenomenon that does not allow companies to conceal their business practices.

Correct Answer
verified

Many companies' annual reports reflect a _____ approach that includes updates on their social and environmental activities in addition to their bottom-line financial performance.

Correct Answer
verified

Anderson Enterprises (AE)issues free meal coupons to its employees and also provides them with travel allowances.This illustrates that AE pursues the triple bottom-line approach.

Correct Answer
verified

Critics have argued that,from an ethical perspective,_____ CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Correct Answer
verified

Corporations merely experimenting with corporate social responsibility initiatives run the risk of creating adverse results as the public sees little more than a token action that is concerned with publicity rather than community.

Correct Answer
verified

Exam 4: Corporate Social Responsibility

_____ refers to the actions of an organization that target toward achieving a social benefit over and above maximizing profits for its shareholders and meeting all its legal obligations.

Correct AnswerverifiedCorporate ...View AnswerShow Answer

Correct AnswerverifiedShow Answer

Discuss the difference between ethical,altruistic,and strategic types of corporate social responsibility (CSR).

Correct AnswerverifiedEthical CSR pursues a clearly defined se...View AnswerShow Answer

Corporate social responsibility assumes that the corporation:

Correct AnswerverifiedShow Answer

Which of the following companies implements Milton Friedman's view of the corporate world?

Correct AnswerverifiedShow Answer

The _____ approach to corporate social responsibility (CSR)argues that philanthropic initiatives are authorized without concern for the corporation's overall profitability.

Correct AnswerverifiedShow Answer

Corporate social responsibility initiatives:

Correct AnswerverifiedShow Answer

The instrumental approach is a simplistic model that focuses on the internal world of the corporation.

Correct AnswerverifiedShow Answer

Joseph F.Keefe asserts that there are five major trends behind the corporate social responsibility phenomenon. F.Keefe asserts that there are three major trends behind the corporate social responsibility phenomenon. Joseph

Correct AnswerverifiedShow Answer

Which of the following is an example of an organization's instrumental approach to corporate social responsibility (CSR) ?

Correct AnswerverifiedShow Answer

Spark Inc.(SI) ,a multinational corporation,had reported large losses in the previous financial year.To overcome these losses,the company planned to take the instrumental approach to corporate management.Which of the following best illustrates this approach?

Correct AnswerverifiedShow Answer

The Kyoto Protocol requires developed nations to reduce their greenhouse gas emissions only by modifying their domestic industries.

Correct AnswerverifiedShow Answer

The companies that support the policy of _____ believe that doing what's best in the long-term interest of the customer is ultimately doing what's best for the company.

Correct Answerverifieddoing well...View AnswerShow Answer

Critics have argued that,from an ethical perspective,altruistic CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Correct AnswerverifiedShow Answer

The difference between old social contract approach to corporate management and modern social contract approach is that the:

Correct AnswerverifiedShow Answer

According to Joseph F.Keefe,_____ is a major trend behind the corporate social responsibility phenomenon that does not allow companies to conceal their business practices.

Correct AnswerverifiedShow Answer

Many companies' annual reports reflect a _____ approach that includes updates on their social and environmental activities in addition to their bottom-line financial performance.

Correct AnswerverifiedShow Answer

Anderson Enterprises (AE)issues free meal coupons to its employees and also provides them with travel allowances.This illustrates that AE pursues the triple bottom-line approach.

Correct AnswerverifiedShow Answer

Critics have argued that,from an ethical perspective,_____ CSR is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives launched in the name of corporate social responsibility.

Correct AnswerverifiedShow Answer

Corporations merely experimenting with corporate social responsibility initiatives run the risk of creating adverse results as the public sees little more than a token action that is concerned with publicity rather than community.

Correct AnswerverifiedShow Answer

Correct Answer
verified
Corporate ...
View Answer

Correct Answer
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Correct Answer
verified
Ethical CSR pursues a clearly defined se...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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doing well...
View Answer

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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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