Chapters 3 & 7
• Positive reputation can be valued as an intangible corporate:
Asset
• A systematic evaluation of an organization's social, ethical, and environmental performance is called a(n):
Social Audit
• Which of the following is not a motivation for publishing a corporate social report?
o Avoiding transparency
• Some companies have created a department of corporate citizenship to:
o Centralize under common leadership wide-ranging corporate citizenship functions
• The emerging trend in gathering audit information directly from workers using their mobile phones is called:
o Crowd sourcing
• When businesses bring products and services to the many people in the world who traditionally have been beyond the reach of global commerce, they are said to be:
o Serving the bottom of the pyramid
• A social enterprise:
Adopts social benefit as its core mission
• Which of the following statements is true about corporate social responsibility
o Businesses should monitor and prevent social problem in advance before their major issues o Corporations should be accountable for any actions that affect people, their communities, and the environment o Both A and C, not B
• Managers responding to the needs of local education system as a normal or routine aspect of its operations is an example of an organization in the:
o Transforming stage
• Which of the following examples does not show a company guided by enlightened self-interest?
o Company breaking past records by maximizing quarterly profits
• Which of the following companies is being the most socially responsible
o Company trying its best to operate in a way which will help local students get education and jobs
• The costs of corporate social responsibility may ultimately be passed on to the:
o Consumer through high prices
• When a company decides to publicize information collected in a social audit, this is called:
o Corporate social reporting
• There remain regional differences in the corporate citizenship challenges facing businesses due to:
o Differences in attitudes, beliefs and culture
• Companies see the need to build more coherent initiatives as they move into the:
o Integrated stage
• Global audit social standards concentrate on:
o Internally focused economic benefits for the firm o Externally focused social benefits for the environment o Externally focused social benefits o All the Above
• When undertaking social initiatives, a company:
o May sacrifice short-term profits
• A company who complies with the laws and regulations set by the government is:
o Meeting the minimum level of social responsibility expected by the public
• Philanthropic funding and public relations are two examples of corporate social responsibility:
o Policy Instruments of the Corporate Social Stewardship phase
• Good corporate citizens:
o Strive to conduct all business dealings in an ethical manner o Make a concerned effort to balance the needs of all stakeholders o Work to protect the environment o All the Above