1 of 10
Which of the following reasons is a critic likely to adopt in arguing against social responsibility programs?
| Successful companies are already ethical. |
| Social responsibility programs are too costly. |
| Social responsibility initiatives harm employees. |
| Stakeholders do not care about social responsibility. |
| Social responsibility leads to greater misconduct. |
Question
2 of 10
Which type of investor causes themost problems for CEOs when developing strategic plans?
| Shareholders seeking short-term gains |
| Institutional investors |
| Shareholders willing to sacrifice short-term gains for long-term income |
| Employees who own stock |
| Global investors who do not understand the business |
Question
3 of 10
To which of the following forms of business can you apply the concept of social responsibility?
| Large, public corporations |
| Small, privately held corporations |
| All forms of corporations |
| Any form of business, from a sole proprietorship to a large corporation |
| All businesses except those with less than 50 employees |
Question
4 of 10
Society’s primary method of enforcing its requirements regarding business behavior is through
| the legal system. |
| boycotts and demonstrations. |
| the media. |
| buying foreign-made products. |
| self-regulation. |
Question
5 of 10
Which of the following is one of the four types of corporate social responsibility?
| Global |
| Technological |
| Environmental |
| Competitive |
| Philanthropic |
Question
6 of 10
How do countries with strong trust foster a productivity-enhancing environment?
| Strong governmental control |
| Employment of most of their population |
| More efficient and effective competitive processes |
| The fact that ethical citizens are more talented |
| Favorable export agreements with other countries |
Question
7 of 10
Implementing social responsibility on a global level is complex because
| consumers in most countries do not care about social responsibility. |
| of the need to balance economic responsibility with other responsibilities. |
| employees speak many languages and some information cannot be translated. |
| regional alliances, such as NAFTA and APEC, have standards that are very different from other countries’ standards. |
| global companies are rarely subject to local laws and regulations. |
Question
8 of 10
What holds organizations together and allows them to focus on efficiency, productivity, and profits?
| Respect |
| Diversity |
| Trust |
| Competence |
| Reliable source of funds |
Question
9 of 10
In the long run, the success of a company is built on
| a company’s commitment to being on the leading edge of technology. |
| its operational superiority compared to competitors. |
| long-term relationships with customers built on mutual respect and cooperation that leads to repeat purchasing. |
| a company’s ability to negotiate with suppliers and vendors. |
| innovative integrated marketing communications programs. |
Question
10 of 10
Minimal responsibility primarily involves
| incorporating efforts in a way that benefits all stakeholders of the company. |
| fulfilling social responsibilities including legal and ethical guidelines. |
| considerations that focus solely on shareholders. |
| the adoption of a basic code of conduct. |
| satisfying the primary stakeholders regardless of the possible legal implications. |
