Exam 2: Corporate Social Responsibility, Citizenship, and Sustainability.

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -Distinguish between the concepts of corporate social responsibility, corporate social responsiveness, corporate social performance, and corporate citizenship. How are these ideas different from each other? How are they similar?

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Question 1

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Students should recognize that responsibility focuses on accountability and obligations imposed on business by society. This is the most passive of the four concepts, which is its primary shortcoming. Responsiveness implies proaction and activity by business in anticipating social needs before they become duties imposed by society. This concept is an improvement over responsibility, but it still does not incorporate the results of its activities. This shortcoming is addressed by performance, with its focus on outcomes. Corporate citizenship encompasses all three of the other concepts, but does not really add much new to the discussion.

The marketplace in the classical view of economics, while being a good allocator of goods and services, does not do a good job of ensuring that business always acts fairly and ethically.

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Question 2

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The socially responsible firm should strive to do all of the following EXCEPT

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Question 3

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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it. -The Generous Corporation argues that corporations began their philanthropic activities primarily out of self-interest. By doing so, they are able to keep government from intervening in their business activities and imposing more regulations on them. Assuming that this argument is valid, and the firms' motives are primarily self interested, evaluate whether or not the motives are important. That is, are firms' philanthropic activities less valuable because they are motivated by self interest? Explain your answer.

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Question 4

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The perspective that views social responsibility as a "fair weather" concept

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Question 5

The first and primary argument for corporate social responsibility is

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Question 6

Which entity publishes annual "World's Most Admired Companies" rankings?

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Question 7

The classical view of economics holds that a society can best determine its needs and wants through

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Question 8

Which of the following is not a dimension of Carroll's corporate social performance model?

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Question 9

Research has indicated that improvements in corporate social performance are associated with improved financial results.

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Question 10

The fact that business leaders in the late 19th century felt they had to show that large corporations were a force for social good is an example of

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Question 11

The view of corporate citizenship that embraces all that is implied in the concepts of social responsibility, responsiveness, and performance is the ____ view.

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Question 12

Which of the following is not one of the responsibilities in Carroll's four-part definition of corporate social responsibility?

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Question 13

The corporate social performance concept has not yet spread to the business community.

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Question 14

The Triple Bottom Line encompasses all of the following spheres of performance except

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Question 15

Which of the following is not a characteristic of a socially responsible company?

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Question 16

Philanthropy is the term by Adam Smith in Wealth of Nations to describe the operation of self interest resulting in the good of society.

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Question 17

The concept of business responsibility that is based on concern for the various groups that are affected by a business is known as the

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Question 18

Benefits to companies of good corporate citizenship include all of the following except

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Question 19

The part of corporate social responsibility that focuses on activities and practices that are expected by society, but not codified into law, is

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Question 20

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The marketplace in the classical view of economics, while being a good allocator of goods and services, does not do a good job of ensuring that business always acts fairly and ethically.

The socially responsible firm should strive to do all of the following EXCEPT

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The perspective that views social responsibility as a "fair weather" concept

The first and primary argument for corporate social responsibility is

Which entity publishes annual "World's Most Admired Companies" rankings?

The classical view of economics holds that a society can best determine its needs and wants through

Which of the following is not a dimension of Carroll's corporate social performance model?

Research has indicated that improvements in corporate social performance are associated with improved financial results.

The fact that business leaders in the late 19th century felt they had to show that large corporations were a force for social good is an example of

The view of corporate citizenship that embraces all that is implied in the concepts of social responsibility, responsiveness, and performance is the ____ view.

Which of the following is not one of the responsibilities in Carroll's four-part definition of corporate social responsibility?

The corporate social performance concept has not yet spread to the business community.

The Triple Bottom Line encompasses all of the following spheres of performance except

Which of the following is not a characteristic of a socially responsible company?

Philanthropy is the term by Adam Smith in Wealth of Nations to describe the operation of self interest resulting in the good of society.

The concept of business responsibility that is based on concern for the various groups that are affected by a business is known as the

Benefits to companies of good corporate citizenship include all of the following except

The part of corporate social responsibility that focuses on activities and practices that are expected by society, but not codified into law, is

The Business and Society Relationship.

The Stakeholder Approach to Business, Society, and Ethics.

Corporate Governance: Foundational Issues.

Strategic Management and Corporate Public Affairs.

Risk, Issue, and Crisis Management.

Business Ethics Essentials

Managerial and Organizational Ethics.

Business Ethics and Technology.

Ethical Issues in the Global Arena.

Business, Government, and Regulation.

Business Influence on Government and Public Policy.

Consumer Stakeholders: Information Issues

Consumer Stakeholders: Product and Service Issues.

Sustainability and the Natural Environment.

Business and Community Stakeholders.

Employee Stakeholders and Workplace Issues.

Employee Stakeholders: Privacy, Safety, and Health.

Employment Discrimination and Workplace Diversity

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