Question 1

Which of the following is an argument against corporate social responsibility?

Accepted Answer

A)   Requires skills businesses may lack.
B)   Creates an imbalance between corporate power and its economic responsibility.
C)   Improves business value and reputation.
D)   A majority of stockholders are against it.

Question 2

Corporations have a role in establishing their community's:

Accepted Answer

A)   Tax base.
B)   Safety.
C)   Economic growth.
D)   All of the above.

Question 3

Which of the following is not a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility?

Accepted Answer

A)   Religious/ethnic beliefs.
B)   Social unrest/protest.
C)   Stakeholder pressures.
D)   Public policy/government regulations.

Question 4

When undertaking social initiatives,a company:

Accepted Answer

A)   Must take out social responsibility insurance.
B)   Will always receive long-term profits.
C)   May sacrifice short-term profits.
D)   Risks going bankrupt in nearly all cases.

Question 5

As of 2012,the B Corporation status has been legally recognized in how many states?

Accepted Answer

A)   All 50 states.
B)   The original 13 states.
C)   Fifteen states.
D)   Seven states.

Question 6

Which of the following examples does not show a company guided by enlightened self-interest?

Accepted Answer

A)   A company providing the best quality product at a fair price.
B)   A company providing assistance to employees who attend evening college.
C)   A company breaking past records by maximizing quarterly profits.
D)   A company vice-president invited to attend a local community's town planning meeting.

Question 7

All of the following are examples of the phases of Corporate Social Responsibility except:

Accepted Answer

A)   Corporate/Global Citizenship.
B)   Corporate Charity Principle.
C)   Corporate Social Stewardship.
D)   Corporate/Business Ethics.

Question 8

Describe the iron law of responsibility.

Accepted Answer

The iron law of responsibility is a conc...

Question 9

When businesses bring products and services to the many people in the world who have traditionally been beyond the reach of global commerce,they are said to be:

Accepted Answer

A)   Serving the top of the triangle.
B)   Reaching the bottom of the globe.
C)   Serving the bottom of the pyramid.
D)   Focusing on the ends of the supply chain.

Question 10

Philanthropic funding and public relations are two examples of corporate social responsibility:

Accepted Answer

A)   Drivers of the Corporate Social Responsiveness phase.
B)   Policy instruments of the Corporate Social Stewardship phase.
C)   Policy instruments of the Corporate Social Responsiveness phase.
D)   Drivers of the Charity Principle phase.

Question 11

Being socially responsible means that a company must abandon its other missions.

Accepted Answer

A) True 
 B)False

Question 12

The capability of corporations to influence government,the economy,and society,based on their organizational resources is called the big business principle.

Accepted Answer

A) True 
 B)False

Exam 3: The Corporations Social Responsibilities

Being socially responsible means that a company must abandon its other missions.

Correct Answer
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Philanthropic funding and public relations are two examples of corporate social responsibility:

Correct Answer
verified

Which of the following is not a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility?

Correct Answer
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When businesses bring products and services to the many people in the world who have traditionally been beyond the reach of global commerce,they are said to be:

Correct Answer
verified

Which of the following examples does not show a company guided by enlightened self-interest?

Correct Answer
verified

The capability of corporations to influence government,the economy,and society,based on their organizational resources is called the big business principle.

Correct Answer
verified

Describe the iron law of responsibility.

Correct Answer
Answered by ExamLex AI
The iron law of responsibility is a conc...
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Corporations have a role in establishing their community's:

Correct Answer
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All of the following are examples of the phases of Corporate Social Responsibility except:

Correct Answer
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Which of the following is an argument against corporate social responsibility?

Correct Answer
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When undertaking social initiatives,a company:

Correct Answer
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As of 2012,the B Corporation status has been legally recognized in how many states?

Correct Answer
verified

Exam 3: The Corporations Social Responsibilities

Being socially responsible means that a company must abandon its other missions.

Correct AnswerverifiedShow Answer

Philanthropic funding and public relations are two examples of corporate social responsibility:

Correct AnswerverifiedShow Answer

Which of the following is not a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility?

Correct AnswerverifiedShow Answer

When businesses bring products and services to the many people in the world who have traditionally been beyond the reach of global commerce,they are said to be:

Correct AnswerverifiedShow Answer

Which of the following examples does not show a company guided by enlightened self-interest?

Correct AnswerverifiedShow Answer

The capability of corporations to influence government,the economy,and society,based on their organizational resources is called the big business principle.

Correct AnswerverifiedShow Answer

Describe the iron law of responsibility.

Correct AnswerAnswered by ExamLex AIThe iron law of responsibility is a conc...View AnswerShow Answer

Corporations have a role in establishing their community's:

Correct AnswerverifiedShow Answer

All of the following are examples of the phases of Corporate Social Responsibility except:

Correct AnswerverifiedShow Answer

Which of the following is an argument against corporate social responsibility?

Correct AnswerverifiedShow Answer

When undertaking social initiatives,a company:

Correct AnswerverifiedShow Answer

As of 2012,the B Corporation status has been legally recognized in how many states?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
Answered by ExamLex AI
The iron law of responsibility is a conc...
View Answer

Correct Answer
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Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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