Business Test prt. 3

Strategic giving:

refers to the practice of typing philanthropy closely to the corporation's missions or goals

The Home Depot supplies all the materials and the labor expertise for Habitat Homes in various regions of the country where the retail giant has a store. Its top management believes that this type of philanthropy better reflects the company's commitment to the community than simple donations to the American Cancer Society and similar national charities. The Home Depot is using the practice of:

strategic giving

Which of the following is an example of a trend in ethics and social responsibility?

strategic giving

_____ is the practice of tying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates.

strategic giving

Which of the following is an example of an unethical business activity?

all of the above are examples of unethical business activities

The Healing Garden is the manufacturer and marketer of organic beauty aids. Its annual $40,000 donation to The Nature Conservancy in support of the nonprofit organization's pledge to preserve the environment is an example of:

corporate philanthropy

It has been alleged that a Coca-Cola water bottling plant in India has caused illegal water shortages in fifty villages that surround the bottler. If this accusation is true, than Coke was operating at which stage of the social responsibility pyramid?

economic

at the base of the corporate social responsibility pyramid is:

economic responsibilities

A retailer that allowed its employees to handle a customer complaint without having to ask for permission or direction from management would have:

empowered its employees to help customers

A company can only be concerned about its _____ responsibilities once it has met its economic and legal responsibilities.

ethical

Social investing:

is the practice of limiting investments to companies that have ethical policies that match those of the investor

Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to keep the gym bag and its contents for herself or turn it into the mall's lost and found department involves:

ethics

Which of the following statements about ethics training is true?

ethics training is formal training to develop awareness of inappropriate behavior and to practuce appropriate responses.

One of the keys to ethical business behavior is:

how the company's top management conducts themselves

A code of ethics:

is accurately described by all of the above

Which of the following statements about human rights is true?

none of the above statements about individual rights is true

A company has achieved the level of _____ responsibilities when it has met its ethical, legal, and economic responsibilities.

philanthropic

U.S. Steel has established an alcoholic rehabilitation program for the city of Pittsburgh. The company provides the facilities and the personnel to operate the program. U.S. Steel is practicing:

social responsibility

Wal-Mart has announced that it will only sell fresh and frozen fish that come from environmentally sound sources and bear the label of the Marine Stewardship Council. Wal-Mart's size gives it a unique opportunity to improve the fishing industry. This concern for _____ is one of many initiatives Wal-Mart is introducing to improve our environment.

social responsibility

Social responsibility goes beyond obligations provided by law or union contract. Two important aspects of social responsibility are that the obligation is both

voluntary and broad