Business Ethics Module 2

The percentage of global wealth concentrated at the Bottom of the Pyramid is:

70 percent

Proponents against corporate social responsibility feel that public officials, not business people, should solve societal problems because:

Business people do not have the skill-set to solve societal problems. The private sector is not mandated to solve these issues.

Some companies have created a department of corporate citizenship to:

Centralize under common leadership wide-ranging corporate citizenship functions.

The costs of corporate social responsibility may ultimately be passed on to the:

Consumer through high prices.

A free enterprise system refers to:

Economic assets that are privately owned and exchanged in an open market

The purpose of the World Trade Organization is to:

Eliminate barriers to free trade among nations

Critics of globalization support the spread of American ideals and culture throughout the rest of the world.

False

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called:

Global Corporate Citizenship.

Government has distinctive resources and competencies including:

Knowledge of public policy. Ability to enforce the rules. Revenue from taxation.

A firm that has global operations has:

Some or all of their manufacturing or service operations abroad.