Question 1

Which of the following is not an optimal strategy used in the contingency model?

Accepted Answer

A)  Education 
B)  Infiltration 
C)  Accommodation 
D)  Responsibility
)1 What is sustainability? What are the issues concerning sustainability? 
A)  Education 
B)  Infiltration 
C)  Accommodation 
D)  Responsibility
)1 What is sustainability? What are the issues concerning sustainability? D

Question 2

Which situation best illustrates the approach of the ethical relativist?

Accepted Answer

A)  A company is expected to follow a standard level of ethical responsibility regardless of the country it operates in 
B)  A company does not apply an internal moral standard but utilizes business practices within the operation of the company 
C)  A company uses home-country values and practices even though they directly conflict with host-country values and practices 
D)  The host country's moral standards dictate what practices are appropriate for a company that operates in the host country 
A)  A company is expected to follow a standard level of ethical responsibility regardless of the country it operates in 
B)  A company does not apply an internal moral standard but utilizes business practices within the operation of the company 
C)  A company uses home-country values and practices even though they directly conflict with host-country values and practices 
D)  The host country's moral standards dictate what practices are appropriate for a company that operates in the host country D

Question 3

Evaluate the progress of the 2002 Rio Summit agreement documented in 27 Principles of the Rio Declaration. What have been the most significant achievements to date?

Accepted Answer

The 2002 Rio Summit lead to the creation of the Rio Declaration, a document that contains 27 principles dedicated to guiding future sustainable development globally. One of the Summit's most significant achievements is the construction of Principle 4 in the declaration, which states that to achieve sustainable development, environmental protection must be integrated into the development process chain and not isolated from it. Furthermore, Principle 7 specifically states that governments of both developed and developing nations will collaborate to conserve, protect, and restore the Earth's ecosystem. The Summit also created a comprehensive blueprint that presented how all levels of government can take voluntary action to combat poverty and pollution, conserve natural resources, and develop in a sustainable manner. These plans were implemented and continue to be utilized to date. Finally, in 2012 the United Nations organized the 20th celebratory anniversary of the Rio Summit, leading to the creation of "The Future We Want" document that reaffirmed the principles of the Declaration and gave a wholehearted commitment to the action plan.

Question 4

Discuss a specific ethical dilemma that falls into category 1 or category 2, respectively, as introduced in the ethical algorithm model. How useful do you find this model in resolving ethical dilemmas?

Accepted Answer

The answer of Discuss a specific ethical dilemma that falls...

Question 5

Which of the following does not describe sustainability?

Accepted Answer

A)  Factors in the long-term survival of an organization 
B)  Measures the ability to sustain or endure within an industry 
C)  Strictly prioritizes short-term profit and growth 
D)  Considers both the economic and environmental impact of an organization's actions 
A)  Factors in the long-term survival of an organization 
B)  Measures the ability to sustain or endure within an industry 
C)  Strictly prioritizes short-term profit and growth 
D)  Considers both the economic and environmental impact of an organization's actions

Question 6

Which of the following represents the main issue concerned with sustainability?

Accepted Answer

A)  Meeting stakeholders' current needs without compromising the ability to meet future needs 
B)  Meeting the needs of the present by compromising future generations' needs 
C)  Refusal to behave ethically and contribute to economic development 
D)  Ignoring business ethics and corporate governance 
A)  Meeting stakeholders' current needs without compromising the ability to meet future needs 
B)  Meeting the needs of the present by compromising future generations' needs 
C)  Refusal to behave ethically and contribute to economic development 
D)  Ignoring business ethics and corporate governance

Question 7

Which scenario best describes that of an ethical absolutist or universalist approach?

Accepted Answer

A)  Developed countries' moral standards dictate what practices are appropriate for a company that operates in the host country 
B)  A company is expected to follow a standard level of ethical responsibility regardless of the country it operates in 
C)  A company does not apply an internal moral standard but utilizes competitors' business practices in a country where it operates 
D)  A company uses host country values and practices even though they directly conflict with home country values and practices 
A)  Developed countries' moral standards dictate what practices are appropriate for a company that operates in the host country 
B)  A company is expected to follow a standard level of ethical responsibility regardless of the country it operates in 
C)  A company does not apply an internal moral standard but utilizes competitors' business practices in a country where it operates 
D)  A company uses host country values and practices even though they directly conflict with home country values and practices

Question 8

What are the dimensions that comprise the "Triple Bottom Line" of corporate sustainability?

Accepted Answer

A)  Social integrity 
B)  Economic prosperity 
C)  Environmental responsibility 
D)  All of the above 
E)  A&B 
A)  Social integrity 
B)  Economic prosperity 
C)  Environmental responsibility 
D)  All of the above 
E)  A&B

Question 9

What are the similarities and differences in CSR activities between Toyota Motor Company and Hyundai Motor Company in China?

Accepted Answer

The answer of What are the similarities and differences in...

Question 10

Which of the following is not an ethical challenge associated with corporate sustainability and corporate social responsibility?

Accepted Answer

A)  Applying the same moral standards to all countries across borders 
B)  Using the host country's values and norms when making moral judgments on companies' business practices 
C)  Creating your own ethical standards irrelevant to the home or host country and applying them whimsically 
D)  Using others' activities to measure morality and business activities 
A)  Applying the same moral standards to all countries across borders 
B)  Using the host country's values and norms when making moral judgments on companies' business practices 
C)  Creating your own ethical standards irrelevant to the home or host country and applying them whimsically 
D)  Using others' activities to measure morality and business activities

Question 11

Which is not a responsibility held by global stakeholders?

Accepted Answer

A)  Economic responsibility 
B)  Fiduciary responsibility 
C)  Legal responsibility 
D)  Philanthropic responsibility 
E)  Ethical responsibility 
A)  Economic responsibility 
B)  Fiduciary responsibility 
C)  Legal responsibility 
D)  Philanthropic responsibility 
E)  Ethical responsibility

Question 12

Which of the following situations best illustrates an ethical dilemma?

Accepted Answer

A)  Mislabeling a product to attract consumers and sell a product 
B)  Refusing to repatriate funds from overseas companies to avoid taxes 
C)  Dumping waste illegally to save on disposal costs 
D)  Placing an unsafe product on the market, knowing it will cause harm 
A)  Mislabeling a product to attract consumers and sell a product 
B)  Refusing to repatriate funds from overseas companies to avoid taxes 
C)  Dumping waste illegally to save on disposal costs 
D)  Placing an unsafe product on the market, knowing it will cause harm

Question 13

The Chinese public seems ambivalent toward these problems. Why?

Accepted Answer

The answer of The Chinese public seems ambivalent toward these...

Question 14

Which of the following situations demonstrates a firm employing economically responsible practices

Accepted Answer

A)  A company switches suppliers, decreasing overall costs, but product quality is compromised 
B)  A company switches manufacturers to reduce overall costs, which reduces consumer costs 
C)  A company acquires a distribution channel, which delays product delivery, resulting in customer dissatisfaction 
D)  A company merges with a corresponding company, resulting in the development of high-quality but exorbitantly priced products that most consumers cannot afford 
A)  A company switches suppliers, decreasing overall costs, but product quality is compromised 
B)  A company switches manufacturers to reduce overall costs, which reduces consumer costs 
C)  A company acquires a distribution channel, which delays product delivery, resulting in customer dissatisfaction 
D)  A company merges with a corresponding company, resulting in the development of high-quality but exorbitantly priced products that most consumers cannot afford

Question 15

Using the contingency model, identify and discuss an ethical dilemma that may justify the adoption of each of the seven different strategies introduced in the model.

Accepted Answer

The answer of Using the contingency model, identify and discuss...

Question 16

What do you think about the result of the criminal investigation? What are the implications for Chile's mining companies?

Accepted Answer

The answer of What do you think about the result...

Question 17

What suggestions do you have to improve corporate sustainability for each company?

Accepted Answer

The answer of What suggestions do you have to improve...

Question 18

How would you evaluate China's response to its environmental problem of rare-earth mining?

Accepted Answer

The answer of How would you evaluate China's response to...

Question 19

What are the social responsibilities of Monsanto in conducting business in a developing country like India?

Accepted Answer

The answer of What are the social responsibilities of Monsanto...

Question 20

What is sustainable development? Describe the three pillars associated with it

Accepted Answer

The answer of What is sustainable development? Describe the three...

Which of the following is not an optimal strategy used in the contingency model?

Which situation best illustrates the approach of the ethical relativist?

Evaluate the progress of the 2002 Rio Summit agreement documented in 27 Principles of the Rio Declaration. What have been the most significant achievements to date?

Discuss a specific ethical dilemma that falls into category 1 or category 2, respectively, as introduced in the ethical algorithm model. How useful do you find this model in resolving ethical dilemmas?

Which of the following does not describe sustainability?

Which of the following represents the main issue concerned with sustainability?

Which scenario best describes that of an ethical absolutist or universalist approach?

What are the dimensions that comprise the "Triple Bottom Line" of corporate sustainability?

What are the similarities and differences in CSR activities between Toyota Motor Company and Hyundai Motor Company in China?

Which of the following is not an ethical challenge associated with corporate sustainability and corporate social responsibility?

Which is not a responsibility held by global stakeholders?

Which of the following situations best illustrates an ethical dilemma?

The Chinese public seems ambivalent toward these problems. Why?

Which of the following situations demonstrates a firm employing economically responsible practices

Using the contingency model, identify and discuss an ethical dilemma that may justify the adoption of each of the seven different strategies introduced in the model.

What do you think about the result of the criminal investigation? What are the implications for Chile's mining companies?

What suggestions do you have to improve corporate sustainability for each company?

How would you evaluate China's response to its environmental problem of rare-earth mining?

What are the social responsibilities of Monsanto in conducting business in a developing country like India?

What is sustainable development? Describe the three pillars associated with it

Globalization

Trade

Foreign Direct Investment

Economic Environment

Political and Legal Environment

Social and Cultural Environment

The Foreign Exchange Market and the International Monetary System

Managing Entry and Exit Decisions

Managing People

Managing Money

Managing Operations

Managing Customers

Filters

Exam 13: Managing Sustainability

Which of the following is not an optimal strategy used in the contingency model?

Which situation best illustrates the approach of the ethical relativist?

Evaluate the progress of the 2002 Rio Summit agreement documented in 27 Principles of the Rio Declaration. What have been the most significant achievements to date?

Discuss a specific ethical dilemma that falls into category 1 or category 2, respectively, as introduced in the ethical algorithm model. How useful do you find this model in resolving ethical dilemmas?

Which of the following does not describe sustainability?

Which of the following represents the main issue concerned with sustainability?

Which scenario best describes that of an ethical absolutist or universalist approach?

What are the dimensions that comprise the "Triple Bottom Line" of corporate sustainability?

What are the similarities and differences in CSR activities between Toyota Motor Company and Hyundai Motor Company in China?

Which of the following is not an ethical challenge associated with corporate sustainability and corporate social responsibility?

Which is not a responsibility held by global stakeholders?

Which of the following situations best illustrates an ethical dilemma?

The Chinese public seems ambivalent toward these problems. Why?

Which of the following situations demonstrates a firm employing economically responsible practices

Using the contingency model, identify and discuss an ethical dilemma that may justify the adoption of each of the seven different strategies introduced in the model.

What do you think about the result of the criminal investigation? What are the implications for Chile's mining companies?

What suggestions do you have to improve corporate sustainability for each company?

How would you evaluate China's response to its environmental problem of rare-earth mining?

What are the social responsibilities of Monsanto in conducting business in a developing country like India?

What is sustainable development? Describe the three pillars associated with it

Globalization

Trade

Foreign Direct Investment

Economic Environment

Political and Legal Environment

Social and Cultural Environment

The Foreign Exchange Market and the International Monetary System

Managing Entry and Exit Decisions

Managing People

Managing Money

Managing Operations

Managing Customers

Filters