BA 325 FINAL

A customer tweeting about a recent bad shopping experience is using which type of media communication?

User-generated content

The audit committee is required by U.S. law to be:

Financially literate

The SEC outlaws:

Any manipulative or deceptive device used to trade stocks

Which of these programs offer a common auditing tool for sharing data on the labor, environmental and ethical practices of suppliers?

Both Sustainable Compliance Initiative and Sedex Global

ILO identifies child labor by which factors?

Both a child's age and the work hours

During crisis management, doing the right thing should include:

Both accepting responsibility and expressing regret

Through which stakeholder networks can the public demand a certain level of performance from a firm?

Both consumer advocacy groups and government agencies

Where are workers not permitted to form independent unions?

Both some communist countries and some military dictatorships

The EU's 2018 General Data Protection Regulation applies to:

Companies anywhere who provide services to European customers

Which of the following is a key feature of effective boards of directors?

Hold regular meetings without the CEO present

Nation with the fastest growing stock market in 2014

India

A supplier that controls critical workers skills and technical know-how holds which type of power over its lead firm?

Informational

Institutional investors are best described by which statement?

Institutions invest their funds by purchasing shares of stock in corporations on behalf of their investors or members

ILO stands for

International Labor Organization

What was the primary motivator for corporate giving, according to the National Bureau of Economic Research?

Philanthropical

Another term for corporate giving is corporate:

Philanthropy

States that have adopted right-to-right work laws:

Prevent unions from requiring all workers they represent to pay fees or dues

The mission of the SEC is to:

Protect shareholders' right by making sure that stock market is run fairly

The corporate reputation is accurately described by which statements?

Refers to desirable qualities, refers to undesirable qualities, relies on the perceptions of past actions, results, and future prospects

The Sarbanes-Oxley Act makes it illegal for employers to:

Retaliate against whistle-blowers who report information that could have an impact on the value of a company's shares.

What primary form of corporate giving did Salesforce contribute when working with the Red Cross, according to the case Salesforce's 1+1+1 integrated Philanthropy Model?

Skill-based assistance

A living wage has been defined as a wage that:

Supports half the basic needs of an average-sized family, based on local prices

The activism of institutional investors in other countries has been spearheaded by:

U.S.-based pension and mutual funds that is recent years acquired large stakes in foreign countries

Many companies have argued that the evolution of strict liability has:

Unfairly burdened them with excess costs

Institutional investors are sometimes referred to as:

Wall Street Investors

When an employee believes his or her employer has done something that is wrong or harmful to the public, and he or she reports alleged organizational misconduct to the media, government, or high-level company officials, what has occurred?

Whistle-blowing

Which of these measures are frequently used to rate suppliers when using an integrated supplier scorecard?

Both environmental performance and product quality

In 2017, median compensation for directors at the largest U.S. corporations was around:

$300,000

Scenario-based press releases, key discussion points, and procedures to activate the organization's website are all part of which step in an effective crisis management plan?

- Get ready before the crisis hits

Investors may receive an economic benefit from the ownership of stock by receiving:

Both dividends and capital gains

The purpose of the media relations department is to manage a firm's:

Both relationship with the public and public image

Businesses can reduce income inequality by which action?

Commit to paying a living wage to all employees

Businesses can take a number of measures to respond voluntarily to consumer demands. Which of the following is an example of such a measure?

Customer call centers

Since the mid-1950s the proportion of American workers represented by unions had:

Decreased

Which of the following is an example of fulfilling social objectives through stock ownership?

Divesting from Chinese companies that made product using forced labor

The directors of a company are a central in corporate governance because they:

Exercise formal legal authority over company policy

FTC stands for

Federal Trade Commission

Most corporate community relationship departments consist of how many team members?

Fewer than three people plus a manager

Seeking to restore the firm's reputation takes place during this effective crisis management step:

Follow up and, where appropriate, make amends to those affected.

Richard M. Locke argues that global supply chain is best managed through a combination of public and private governance because:

Government-enforced laws give legitimacy demands for workplace changes, regulators benefit from record-keeping required by private companies' codes of conduct, public and private organizations are able to share the enforcement workload

A financial services firm decided to assess the return on its social investment in an educational program in local schools. As part of its assessment, it measured the improvement in learning among students who had participated in the program, compared with the learning of students who had not. Which of the following elements was assessed?

Impacts

Supporters of declassifying board elections argue that this approach:

Increases accountability and responsiveness to shareholders

Which of the following is not a reason for businesses to establish community relations departments?

Managing international relations projects for economic development

The corporate reputation of distinction must be built:

Over time

One of the main reasons that American executives are paid so much is:

Pay is set by the compensation committees of the board, largely comprised of other CEOs who have an interest in pushing compensation up

According to the Institute for Crisis Management this industry is among the top crisis-prone industries because of sophisticated technology found in its products:

Pharmaceuticals

Which major consumer right was violated according to the discussion case Volkswagen's "Clean Diesel" Campaign?

Right to privacy

Reports filed with the SEC provide information on company's

Sales and earnings, depreciation by line of business, details of foreign operations

SEC stands for

Securities and Exchange Commission

How are directors (members of corporate boards) selected?

Shareholders elect the directors from a list of candidates

Under what legal doctrine does a firm bear legal responsibility for injuries cause by something it made or sold, whether or not it was negligent or breached a warranty?

Strict liability

Consumer groups have generally opposed the idea of product liability reform using which argument?

Strict liability should be retained

OSHA gives workers the right to a job:

That is free from recognized hazards that are likely to cause death or serious injury

Which of these statements is true regarding lead firms and their suppliers in the wake of the global financial crises?

The number of widely used suppliers decreased, lead firms preferred larger suppliers, lead firms sought ongoing strategic relationships

What criteria must be met before a whistle-blower goes public?

There is enough potential harm to justify the possible costs of disclosure to the whistle-blower

FTC enforces what

This U.S. agency enforces the laws prohibiting deceptive advertising

What is the primary goal of community relations department?

To build relationships with important community groups

The term civic engagement describes:

The active involvement of businesses and individuals in improving communities

Factor conditions are strategic contributions focusing on:

The supply of trained workers, physical infrastructure, and natural resources

Under U.S. laws, who has the right to hold an election to choose what union they want to represent them, if any:

Most private and public workers