ENT 396 CH.4
Licensing agreements can involve patents, trademarks, and technical know-how
True
Social obligation, social responsibility, and social responsiveness are all ways firms view their interactions with society
True
_______ is the umbrella organization governing the international trading system.
WTO
The first of five steps for entering the international marketplace is
conducting research
Methods for going international include all of the following except
foreign reclamation
A _______ is a company owned by two or more organizations.
joint venture
An L3C is a new legal form for social enterprises known as
low-profit, limited liability companies
Ecopreneurs are concerned
only with economically sustainable development
Among the advantages for global entrepreneurs of diaspora networks is
the speed with which information flows across borders
An account framework that goes beyond the traditional measures of profit, return on investment, and shareholder value to include environmental and social dimensions is called
the triple bottom line
Corporate social responsibility refers to
a. actions that further some social good beyond the interests of the firm
The first step taken to go international is
conduct research
Key elements in plans to create a sustainable future are likely to include which of the following?
eliminating the concept of "price"
Bottom-line measures of economic performance include all of the following except:
global competition
If we accept the argument that social entrepreneurship is a continuum, at one extreme would be social entrepreneurs driven exclusively by producing social benefits; at the other, would be
social entrepreneurs motivated by profitability with social benefits being the means
Which of the following designations is not synonymous with social entrepreneur?
social impersonator
The three Ps of the triple bottom line are people, planet, and profits
True
Ecopreneurship is a combination of ecologically and economically sustainable development
False
International alliances rarely require the exchange of proprietary knowledge
False
Social responsibility consists of those obligations that society has to businesses
False
Relationships among ethnic groups that share cultural and social norms are
diaspora networks
Examples of social enterprise obligations to the environment include all of the following except
support for minority-own businesses
Foreign governments sometimes grant tax incentives for
direct foreign investment
One researcher established a framework that classified social actions of corporations into distinct categories that included social responsiveness and ________?
social obligation
Informal, formal, or joint collaborations are
international alliances
The most pro-active position for a corporation to take in regard to social responsibility would be termed
social responsiveness
_______ is an international agreement among Canada, Mexico, and the United States that eliminates trade barriers.
NAFTA
_______ can cover three types of risk: currency inconvertibility insurance, expropriation insurance, and political environment insurance.
OPIC
Which of the following statements about social entrepreneurship is not true?
Social entrepreneurship is limited to the world of not-for-profit corporations
_______is a business arrangement in which the manufacturer of a product gives permission to some group or individual to manufacture the product in return for specified royalties or other payments.
Licensing
_______ includes unstable government, war, regionalism, and ideological differences.
Political Risk
Purpose, accountability, and transparency are characteristics associated with socially sustainable enterprises
True
Social entrepreneurs are known to combine resources to exploit opportunities to create social value
True
The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance
False
Successful global start-ups, or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management
False