CH. 8

A large grocery store chain decided to donate 10% of net profits to hurricane relief programs. This exemplifies the economic paradigm of corporate social responsibility.

A

A large manufacturer has received negative publicity related to discriminatory employment practices regarding minorities and their opportunities for promotion. The CEO has ordered the advertising company to develop a campaign that features members of multiple minority groups, many of whom are managers, talking about how supportive the company is. This CSR response is: A) Tokenism B) Social enterprise-mixed return C) Social enterprise-social return D) Amoral E) CSR recognition

A

A local toy store sponsors the children's festival. This shows targeting of corporate sponsorship.

A

A major software company has established a separate corporation to oversee its corporate donations. This type of corporation is called a charitable foundation.

A

CSR initiatives are less likely to be successful without support of the board of directors.

A

Cause-related marketing is likely to continue given the reduction in government funding for charitable organizations.

A

Common characteristics of a social enterprise include all of the following, except: A) They are not accountable to their members and community stakeholders. B) They have an enterprise orientation. C) There is a commitment of local capacity building. D) They are autonomous organizations with governance and ownership structures based on participation by stakeholder groups. E) They have social aims.

A

Community investment focuses on the creation of economic opportunities for business through engagement in traditional areas of philanthropy and volunteerism.

A

Corporate donation decisions are sometimes made by committee consensus, while other times they are made at the head office level and then administered through committees.

A

Corporate sponsorship may not be seen as the best way to become involved in the community. The reasons for this include all of the following, except: A) It attracts too much attention. B) It is seen as advertising. C) It has lost its novelty. D) The motivations of the firm may come into question. E) The public does not understand the linkage to the community.

A

Credit unions are a form of social enterprise

A

IBM's corporate version of the Peace Corps, established in 2007, involved 1000 employees in developing nations. This is an example of: A) Corporate service corps B) Corporate philanthropy C) A charitable foundation D) Corporate sponsorship E) Corporate donorism

A

Jane works for a company that considers its mandate to reduce worldwide illiteracy. Profits are distributed between shareholders and literacy programs. This business is a: A) social enterprise. B) social venture. C) corporate sponsor. D) non-profit enterprise. E) social foundation.

A

Judy is at the local cellular phone store. She chooses a phone that guarantees, with her purchase, that the corporation will give a percentage of the profits to charity. The company is engaged in: A) cause-related marketing B) corporate donation C) social venture D) corporate volunteerism E) corporate sponsorship

A

Policies on voluntarism are of three types: encouraging, enabling, and promoting.

A

Sara's mother was a stay-at-home mother who volunteered at the local hospital throughout Sara's childhood. Sara's mother was a professional volunteer.

A

Small businesses are more likely than large businesses to use misleading advertising.

A

Social venture philanthropy applies venture capital management practices to social responsibility.

A

Social venture philanthropy is the investment of human and financial resources by corporations in non-profit community development agencies to generate a social return.

A

Strategic giving is consistent with an enlightened stakeholder perspective.

A

The businesses most committed to corporate social responsibility are social enterprises.

A

The economic paradigm can be described as "Doing good by doing well."

A

The purpose of community investment is to develop CSR strategies in relation to corporate community-related issues and to link economic responsibilities with the social needs of the community.

A

The social paradigm can be described as "Doing well by doing good."

A

The three strategies for working with communities include: Giving Back, Building Bridges, and Changing Society.

A

The traditional shareholder model of social responsibility is most closely related to the anti-CSR response type.

A

There is a definite, reciprocal link between the corporation and the charity with corporate sponsorship, but not with corporate donation

A

There is a trend to corporations placing money into foundations instead of distributing the money directly to the nonprofits through donation.

A

XYC Corporation has decided to engage in corporate philanthropy. Which of the following activities would not be a possible approach? A) Social entrepreneurship B) Donations of services C) Donations of money or goods D) Event sponsorship E) Voluntarism

A

A local retail store hires employees from the local Society for Community Living, a non-profit dedicated to helping individuals with disabilities integrate into their communities. These employees are highly committed employees and the turnover rate for the store is consequently low. This enhances profitability. This exemplifies the economic paradigm of corporate social responsibility.

B

A major manufacturing company has never engaged in CSR programming. It simply never occurred to them to do so. Which response to CSR does this reflect? A) Tokenism B) Amoral C) CSR recognition D) Greenwashing E) Anti-CSR

B

A social enterprise is a model of business where a balance is sought between financial return to shareholders and the furtherance of social aims.

B

A social entrepreneur is the leader of a social enterprise, not of a non-profit organization.

B

All social enterprises are charitable organizations.

B

Charitable organizations require the same number of volunteers today, relative to the past, but the number of volunteers donating their time is declining.

B

Corporate philanthropy refers to the giving of financial resources and does not include employees volunteering for local charities.

B

Corporate sponsorship is a less committed approach to corporate philanthropy, than is corporate voluntarism.

B

Corporate volunteerism is the contribution of time to charitable causes with or without the consent of employers.

B

Jane is interested in supporting breast cancer research. She purchases a pink mug at her local grocery store. The grocery store donates a percentage of the profit to breast cancer research organizations. Jane is engaged in strategic giving.

B

John received a letter from his employer acknowledging that John had donated 1000 hours to local charities. All of these volunteer hours were on John's personal time on weekends. The letter to John is sufficient evidence to say that John is receiving support for his volunteer activities.

B

Juan's employer has a policy outlining the conditions whereby he can take time off work to volunteer. His organizational policy can be considered to be encouraging rather than enabling volunteerism.

B

Kaleb's employer supports a local children's hockey league. They provide the team jerseys, with the corporate logo, that the players wear when playing public games. The corporation is considered a donor to the hockey league.

B

Small businesses have to confront fewer of the types of social and ethical issues experienced by large business.

B

Some people feel that when a company engages in corporate sponsorship, their motivation to do so has very little to do with charity, but rather is focused on: A) expanding into new markets. B) a business or marketing arrangement. C) gaining market share. D) recruiting new employees. E) eliminating the competition.

B

The publishing of "social reports" is a common approach by corporations with a Tokenism response to CSR expectations.

B

Today, few organizations support volunteerism and encourage their employees to be involved in the community.

B

Voluntary activities normally excluded from employer support include all of the following, except: A) Special interest groups B) Professional associations C) Working for unions not covered by a collective agreement D) Political parties E) Religious groups

B

Which approach is the highest level of CSR acceptance? A) investment paradigm B) social paradigm C) unknown response paradigm D) economic paradigm E) shareholder model

B

A Calgary company is hoping to improve conditions for the working homeless in their city. Working closely with non-profit organizations in Calgary, the company is giving both time and money to help the nonprofits. The idea is to give long term support, leadership, and needed resources to help the nonprofits work efficiently on this problem. The Calgary company's involvement is best characterized as: A) cause-related marketing B) strategic giving C) social venture philanthropy D) corporate volunteerism E) corporate donation

C

Crossing the finish line at the charitable race, Janet noticed that the water bottle she was handed displayed the logo of a local water distributor who had donated the product for the race. The local water distributor is engaged in: A) corporate volunteerism B) corporate donation C) corporate sponsorship D) cause-related marketing E) strategic giving

C

Small business experiences challenges implementing CSR. All of the following statements are true, except: A) Small business entrepreneurs do not have as much available time to devote to CSR. B) Small business entrepreneurs are more likely to engage in tax evasion. C) Small businesses confront fewer of the types of social and ethical challenges than facing large businesses. D) There is likely a lack of CSR planning and monitoring methodologies in small business. E) The understanding of CSR is strongly influenced by the personal values of the entrepreneur.

C

Julio coaches his son's soccer team. Last night, he stayed late at work photocopying the team's schedule. His employer is fine with this and Julio is told to just make sure that the copying doesn't become excessive. The company's policy ________ corporate volunteerism. A) discourages B) promotes C) encourages D) enables E) rebukes

D

Which of the following terms is (are) also recognized as social venture philanthropy? A) The new philanthropy B) Social venturing C) High-engagement philanthropy D) All of the above E) None of the above

D

ABC Corporation hires students from a local school to do ground maintenance. This program is a part of a corporate strategy that sees profits split equally between shareholders and youth work programs. The founders of the company felt that business needed to be more creative in how it managed CSR programs to maximize the difference that corporate involvement could realize. This example illustrates which of the following concept(s)? A) Corporate sponsor B) Community investor C) Social venture D) Social entrepreneur E) Social enterprise

E

Arguments against corporate giving include all of the following, except: A) Social welfare is the role of government B) Benefits are seldom measurable C) Funds belong to shareholders D) Adverse publicity E) Too many guidelines

E

CSR practice has shifted its focus in recent years. XYZ Corporation has asked you to advise them of the current trends in the field. Which of the following statements is incorrect? A) Corporations are becoming more directly involved in the projects they fund. B) CSR is increasingly being viewed as an appropriate way to ease social problems in society. C) There are increased pressures on non-profits towards accountability. D) There is a trend to corporations using foundations. E) Corporate donations are increasingly being made directly to non-profit organizations.

E

Community investment involves which of the following activities? A) Sponsoring a local soccer club. B) Building parks in a local community. C) Creating an after-school basketball program. D) Hosting a fundraiser for abused women. E) All of the above.

E

Imagine Canada describes a ________ as one that is a good corporate citizen, drives social innovation, and invests money, ideas, and time in communities. A) Responsible Representative B) Supportive Shareholder C) Caring Community D) Social Citizen E) Caring Company

E

KLO Accounting Services decides to allow members of a local centre to have their taxes done for free. This is a type of: A) strategic giving B) corporate volunteerism C) corporate sponsorship D) cause-related marketing E) corporate donation

E

The Bennett family, a family of successful entrepreneurs, has been very involved in the local community. They decide that they would like to make a series of contributions to the university, the college, and various recreational clubs throughout the city. They hire an administrator to distribute the funds. This is an example of: A) social venture philanthropy B) sponsorship C) strategic giving D) gift giving E) a charitable foundation

E

The advantages of volunteerism include all of the following, except: A) contributes to corporate leadership B) integrates the employee with the community C) improves corporate image D) increasing employee morale E) increases the focus on corporate objectives

E

The effort of business to make a social contribution to society is referred to as: A) Corporate Social Responsibility B) Corporate Social Engagement C) Cause related marketing D) Corporate giving E) Corporate Philanthropy

E

The shareholder's meeting of ABC Corporation was contentious. The shareholders were concerned that the company had given away their money to charitable causes. The board outlined to the shareholders that there was a direct corporate benefit to be gained from these donations. The board is positioning the contributions as ________, which is consistent with a(n) ________ perspective. A) Social enterprise; enlightened self-interest B) CSR; enlightened self-interest C) Social enterprise; profit maximization D) Strategic giving; profit maximization E) Strategic giving; enlightened self-interest

E

A large sporting goods chain incorporates sustainable environmental practices into all its operations and has thus developed a committed customer membership base, resulting in profitable operations. This business is operating under the: A) economic paradigm B) shareholder perspective C) unknown response paradigm D) investment paradigm E) social paradigm

e