Question 1

The CSR Pyramid is a stakeholder model--that is, each of its components addresses different stakeholders.

Accepted Answer

A) True 
 B)False

Question 2

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

Accepted Answer

Adam Smith's description of the free mar

Question 3

Social responsible investing is a very new concept, originating in the early 1990s.

Accepted Answer

A) True 
 B)False

Question 4

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The most popular view is based on the belief that

Accepted Answer

A)  socially responsible firms are more financially profitable. 
B)  more profitable firms have the ability to be more socially responsible. 
C)  social responsibility and financial performance are inter-related and affect each other. 
D)  there is no relationship between social responsibility and financial performance. 
A)  socially responsible firms are more financially profitable. 
B)  more profitable firms have the ability to be more socially responsible. 
C)  social responsibility and financial performance are inter-related and affect each other. 
D)  there is no relationship between social responsibility and financial performance.

Question 5

Corporate social performance emphasizes

Accepted Answer

A)  obligation and accountability. 
B)  action and activity. 
C)  outcomes and results. 
D)  socially responsible investing. 
A)  obligation and accountability. 
B)  action and activity. 
C)  outcomes and results. 
D)  socially responsible investing.

Question 6

The part of corporate social responsibility that focuses on fulfilling the social contract by following the law is

Accepted Answer

A)  economic. 
B)  legal. 
C)  ethical. 
D)  philanthropic. 
A)  economic. 
B)  legal. 
C)  ethical. 
D)  philanthropic.

Question 7

The ____ portrays the concurrent fulfillment of the firm's economic, legal, ethical and philanthropic responsibilities

Accepted Answer

A)  Pyramid of Corporate Social Responsibility 
B)  Corporate Citizenship concepts 
C)  Social Response Cycle 
D)  None of these 
A)  Pyramid of Corporate Social Responsibility 
B)  Corporate Citizenship concepts 
C)  Social Response Cycle 
D)  None of these

Question 8

Corporate social performance emphasizes the financial results of what the firm hopes to accomplish.

Accepted Answer

A) True 
 B)False

Question 9

Friedman never proposed that businesses had any obligation to act ethically.

Accepted Answer

A) True 
 B)False

Question 10

The book, The Civil Corporation, identifies four ways in which business firms respond to social pressures. Which of the following is not one of those?

Accepted Answer

A)  defensive approach 
B)  cost-benefit approach 
C)  strategic approach 
D)  stakeholder approach 
A)  defensive approach 
B)  cost-benefit approach 
C)  strategic approach 
D)  stakeholder approach

Question 11

A society more satisfied with corporate social responsiveness, performance, and citizenship will invariably have reduced criticism of business.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is not an argument commonly used in favor of corporate social responsibility?

Accepted Answer

A)  Business is best equipped to handle social problems. 
B)  It is in the long range interest of business to be socially responsible. 
C)  Being socially responsible helps ward off government intervention and regulation. 
D)  Business has the resources to combat social problems. 
A)  Business is best equipped to handle social problems. 
B)  It is in the long range interest of business to be socially responsible. 
C)  Being socially responsible helps ward off government intervention and regulation. 
D)  Business has the resources to combat social problems.

Question 13

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.
-Which of the three bottom lines encompassed by the Triple Bottom Line do you consider most important? Explain your answer.

Accepted Answer

Students should recognize that this is "

Question 14

The ____ argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air and unsafe products, the costs of which might necessitate raising prices.

Accepted Answer

A)  Resources Available 
B)  Business not equipped 
C)  Dilutes Business purpose 
D)  Global Competitiveness 
A)  Resources Available 
B)  Business not equipped 
C)  Dilutes Business purpose 
D)  Global Competitiveness

Question 15

Corporate social responsiveness is focused on the action phase of management response to social demands.

Accepted Answer

A) True 
 B)False

Question 16

A survey done by Walker Information shows that the public believes that CSR does not factor into a company's reputation at all.

Accepted Answer

A) True 
 B)False

Question 17

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-One of the arguments that opponents of corporate social responsibility use is that business already has enough power, so society should not grant it more power by relying on it to alleviate social problems. Evaluate this argument.

Accepted Answer

In many ways, the arguments for corporat

Question 18

____ is depicted as an action - oriented variant of CSR

Accepted Answer

A)  Corporate Social Responsiveness 
B)  Corporate Social Responsibility 
C)  Corporate Societal Responsibility 
D)  Corporate Social Performance 
A)  Corporate Social Responsiveness 
B)  Corporate Social Responsibility 
C)  Corporate Societal Responsibility 
D)  Corporate Social Performance

Question 19

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The symbiotic view

Accepted Answer

A)  states that financial performance determines social performance. 
B)  high social performance leads to improved financial performance. 
C)  states that there is an interactive relationship among social performance, financial performance, and corporate reputation. 
D)  is synonymous with the contingency view of Husted. 
A)  states that financial performance determines social performance. 
B)  high social performance leads to improved financial performance. 
C)  states that there is an interactive relationship among social performance, financial performance, and corporate reputation. 
D)  is synonymous with the contingency view of Husted.

Question 20

The concept of business responsibility based on using laws to constrain business behavior is referred to as the

Accepted Answer

A)  neoclassical economic model. 
B)  socialist model. 
C)  legal model. 
D)  stakeholder model. 
A)  neoclassical economic model. 
B)  socialist model. 
C)  legal model. 
D)  stakeholder model.

The CSR Pyramid is a stakeholder model--that is, each of its components addresses different stakeholders.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

Social responsible investing is a very new concept, originating in the early 1990s.

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The most popular view is based on the belief that

Corporate social performance emphasizes

The part of corporate social responsibility that focuses on fulfilling the social contract by following the law is

The ____ portrays the concurrent fulfillment of the firm's economic, legal, ethical and philanthropic responsibilities

Corporate social performance emphasizes the financial results of what the firm hopes to accomplish.

Friedman never proposed that businesses had any obligation to act ethically.

The book, The Civil Corporation, identifies four ways in which business firms respond to social pressures. Which of the following is not one of those?

A society more satisfied with corporate social responsiveness, performance, and citizenship will invariably have reduced criticism of business.

Which of the following is not an argument commonly used in favor of corporate social responsibility?

The ____ argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air and unsafe products, the costs of which might necessitate raising prices.

Corporate social responsiveness is focused on the action phase of management response to social demands.

A survey done by Walker Information shows that the public believes that CSR does not factor into a company's reputation at all.

____ is depicted as an action - oriented variant of CSR

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The symbiotic view

The concept of business responsibility based on using laws to constrain business behavior is referred to as the

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

Filters

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

The CSR Pyramid is a stakeholder model--that is, each of its components addresses different stakeholders.

Provide a short answer to each of these questions. Be sure to fully explain your answer. -Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.

Social responsible investing is a very new concept, originating in the early 1990s.

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The most popular view is based on the belief that

Corporate social performance emphasizes

The part of corporate social responsibility that focuses on fulfilling the social contract by following the law is

The ____ portrays the concurrent fulfillment of the firm's economic, legal, ethical and philanthropic responsibilities

Corporate social performance emphasizes the financial results of what the firm hopes to accomplish.

Friedman never proposed that businesses had any obligation to act ethically.

The book, The Civil Corporation, identifies four ways in which business firms respond to social pressures. Which of the following is not one of those?

A society more satisfied with corporate social responsiveness, performance, and citizenship will invariably have reduced criticism of business.

Which of the following is not an argument commonly used in favor of corporate social responsibility?

The ____ argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air and unsafe products, the costs of which might necessitate raising prices.

Corporate social responsiveness is focused on the action phase of management response to social demands.

A survey done by Walker Information shows that the public believes that CSR does not factor into a company's reputation at all.

____ is depicted as an action - oriented variant of CSR

The relationship between corporate social performance and financial performance is viewed from three different perspectives. The symbiotic view

The concept of business responsibility based on using laws to constrain business behavior is referred to as the

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

Filters