Question 1

Economic responsibility consists of

Accepted Answer

A)  A firm's ability to reduce costs for the end consumer 
B)  A firm's ability to maximize and allocate resources 
C)  A firm's ability to generate a profit as well as pay wages and dividends to shareholders 
D)  A firm's ability to minimize workers' wages to maximize shareholder value 
A)  A firm's ability to reduce costs for the end consumer 
B)  A firm's ability to maximize and allocate resources 
C)  A firm's ability to generate a profit as well as pay wages and dividends to shareholders 
D)  A firm's ability to minimize workers' wages to maximize shareholder value

Question 2

Which of the following represents a company not acting in an ethically responsible manner?

Accepted Answer

A)  A domestic company refuses to partner with a foreign firm because the organizational cultures and goals do not align 
B)  A domestic firm decides against a merger with a foreign entity because that entity is under investigation for tax evasion 
C)  A domestic firm publicly discloses the release of a dangerous and defective product in a foreign market and issues an immediate recall 
D)  Instead of reporting losses for the quarter, the domestic firm shifts its liabilities to foreign subsidiaries, reporting a profit instead 
A)  A domestic company refuses to partner with a foreign firm because the organizational cultures and goals do not align 
B)  A domestic firm decides against a merger with a foreign entity because that entity is under investigation for tax evasion 
C)  A domestic firm publicly discloses the release of a dangerous and defective product in a foreign market and issues an immediate recall 
D)  Instead of reporting losses for the quarter, the domestic firm shifts its liabilities to foreign subsidiaries, reporting a profit instead

Question 3

Define and describe the ethical challenges that corporate sustainability and corporate social responsibility dictate?

Accepted Answer

The answer of Define and describe the ethical challenges that...

Question 4

Why is recycling not necessarily a good idea? How do we solve this predicament?

Accepted Answer

The answer of Why is recycling not necessarily a good...

Question 5

What do you think of Apple's response to the pollution problem in its supply chain?

Accepted Answer

The answer of What do you think of Apple's response...

Question 6

What is the role of genetic engineering in crop improvement for achieving economic, environmental, and social sustainability?

Accepted Answer

The answer of What is the role of genetic engineering...

Question 7

Which company do you think has more successfully integrated its CSR activities into its business strategy and why?

Accepted Answer

The answer of Which company do you think has more...

Question 8

Which situation best provides an example of a company engaging in practices that fulfill the social integrity dimension?

Accepted Answer

A)  A company purchases fabric from a factory where the workers' ages are questionable and they are underpaid and overworked 
B)  A company sells a product that is known to cause lead poisoning but does not recall the item or warn the public 
C)  A company uses free labor to manufacture a product but markets it to consumers as "fair trade" 
D)  A company issues safety regulations and procedures for its overseas operation to ensure better work and safety conditions 
A)  A company purchases fabric from a factory where the workers' ages are questionable and they are underpaid and overworked 
B)  A company sells a product that is known to cause lead poisoning but does not recall the item or warn the public 
C)  A company uses free labor to manufacture a product but markets it to consumers as "fair trade" 
D)  A company issues safety regulations and procedures for its overseas operation to ensure better work and safety conditions

Question 9

Which example demonstrates the naïve immoralist perspective?

Accepted Answer

A)  A mining company notices that permits are not required to start the extraction process but files for a permit regardless 
B)  A manufacturing plant follows home-country standards, limiting CO2 emissions even though host-country standards do not limit CO2 emissions 
C)  An oil company monitors a competitor's drilling practices and then adopts them upon entry into the market even though the practices lead to environmental degradation 
D)  A biofuel plant follows international energy conservation methods not practiced by the home or host country, substantially reducing waste 
A)  A mining company notices that permits are not required to start the extraction process but files for a permit regardless 
B)  A manufacturing plant follows home-country standards, limiting CO2 emissions even though host-country standards do not limit CO2 emissions 
C)  An oil company monitors a competitor's drilling practices and then adopts them upon entry into the market even though the practices lead to environmental degradation 
D)  A biofuel plant follows international energy conservation methods not practiced by the home or host country, substantially reducing waste

Question 10

What are the main challenges that MNCs are going to face in practicing corporate sustainability when conducting business across borders, and how can they effectively meet them?

Accepted Answer

The answer of What are the main challenges that MNCs...

Question 11

Given the future prospect of the industry, how should Chile's mining companies manage their relationship with their workers and communities?

Accepted Answer

The answer of Given the future prospect of the industry,...

Question 12

Which of the following is not an example of a company engaging in philanthropic responsibility?

Accepted Answer

A)  A company coordinates with its local children's hospital to donate a percentage of sales to vital care and needs. 
B)  A company organizes an event in which it states that all donations will be used for a special cause but the donations are only used to cover the costs of the event 
C)  A company contributes money and volunteers to help in a restoration project at a communal library 
D)  A company sponsors afterschool and mentoring programs for middle school, high school, and college students 
A)  A company coordinates with its local children's hospital to donate a percentage of sales to vital care and needs. 
B)  A company organizes an event in which it states that all donations will be used for a special cause but the donations are only used to cover the costs of the event 
C)  A company contributes money and volunteers to help in a restoration project at a communal library 
D)  A company sponsors afterschool and mentoring programs for middle school, high school, and college students

Question 13

Which of the following is not a pillar of sustainable development?

Accepted Answer

A)  People 
B)  Place 
C)  Planet 
D)  Profit 
A)  People 
B)  Place 
C)  Planet 
D)  Profit

Question 14

Which of the following is an objective of corporate social responsibility?

Accepted Answer

A)  Engaging in business activities that positively impact the overall community 
B)  The first priority is to meet shareholders' interests 
C)  Engaging in business activities that solely benefit the enterprise 
D)  Economic gain and short-term productivity 
A)  Engaging in business activities that positively impact the overall community 
B)  The first priority is to meet shareholders' interests 
C)  Engaging in business activities that solely benefit the enterprise 
D)  Economic gain and short-term productivity

Question 15

Will those problems drive Apple out of China? Why?

Accepted Answer

The answer of Will those problems drive Apple out of...

Question 16

What responsibilities do firms have to global stakeholders and how do they fulfill them?

Accepted Answer

The answer of What responsibilities do firms have to global...

Question 17

Legal responsibility consists of

Accepted Answer

A)  Following the rules and regulations of the countries in which they conduct business and operate 
B)  Following the rules and regulations of the home country since those rules supersede local directives 
C)  Creating a profit both inside and outside the legal parameters of the country 
D)  Hiring the appropriate legal counsel in the host country 
A)  Following the rules and regulations of the countries in which they conduct business and operate 
B)  Following the rules and regulations of the home country since those rules supersede local directives 
C)  Creating a profit both inside and outside the legal parameters of the country 
D)  Hiring the appropriate legal counsel in the host country

Question 18

How would you evaluate Monsanto's efforts to meet social responsibilities?

Accepted Answer

The answer of How would you evaluate Monsanto's efforts to...

Question 19

What do you think of Apple's efforts to address the problems? Are they appropriate and adequate?

Accepted Answer

The answer of What do you think of Apple's efforts...

Question 20

Which situation best describes a company avoiding its environmental responsibility?

Accepted Answer

A)  A biofuel company disposes of its waste into a nearby river basin, circumventing waste dumping laws and regulations 
B)  A diamond mining company ensures that its operations comply with local and global standards 
C)  An automaker progressively reduces its CO2 emissions by adjusting its production process 
D)  A bottling plant utilizes disintegrating rings so that when consumers dispose of the rings, they decompose or dissolve 
A)  A biofuel company disposes of its waste into a nearby river basin, circumventing waste dumping laws and regulations 
B)  A diamond mining company ensures that its operations comply with local and global standards 
C)  An automaker progressively reduces its CO2 emissions by adjusting its production process 
D)  A bottling plant utilizes disintegrating rings so that when consumers dispose of the rings, they decompose or dissolve

Economic responsibility consists of

Which of the following represents a company not acting in an ethically responsible manner?

Define and describe the ethical challenges that corporate sustainability and corporate social responsibility dictate?

Why is recycling not necessarily a good idea? How do we solve this predicament?

What do you think of Apple's response to the pollution problem in its supply chain?

What is the role of genetic engineering in crop improvement for achieving economic, environmental, and social sustainability?

Which company do you think has more successfully integrated its CSR activities into its business strategy and why?

Which situation best provides an example of a company engaging in practices that fulfill the social integrity dimension?

Which example demonstrates the naïve immoralist perspective?

What are the main challenges that MNCs are going to face in practicing corporate sustainability when conducting business across borders, and how can they effectively meet them?

Given the future prospect of the industry, how should Chile's mining companies manage their relationship with their workers and communities?

Which of the following is not an example of a company engaging in philanthropic responsibility?

Which of the following is not a pillar of sustainable development?

Which of the following is an objective of corporate social responsibility?

Will those problems drive Apple out of China? Why?

What responsibilities do firms have to global stakeholders and how do they fulfill them?

Legal responsibility consists of

How would you evaluate Monsanto's efforts to meet social responsibilities?

What do you think of Apple's efforts to address the problems? Are they appropriate and adequate?

Which situation best describes a company avoiding its environmental responsibility?

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

Economic responsibility consists of

Which of the following represents a company not acting in an ethically responsible manner?

Define and describe the ethical challenges that corporate sustainability and corporate social responsibility dictate?

Why is recycling not necessarily a good idea? How do we solve this predicament?

What do you think of Apple's response to the pollution problem in its supply chain?

What is the role of genetic engineering in crop improvement for achieving economic, environmental, and social sustainability?

Which company do you think has more successfully integrated its CSR activities into its business strategy and why?

Which situation best provides an example of a company engaging in practices that fulfill the social integrity dimension?

Which example demonstrates the naïve immoralist perspective?

What are the main challenges that MNCs are going to face in practicing corporate sustainability when conducting business across borders, and how can they effectively meet them?

Given the future prospect of the industry, how should Chile's mining companies manage their relationship with their workers and communities?

Which of the following is not an example of a company engaging in philanthropic responsibility?

Which of the following is not a pillar of sustainable development?

Which of the following is an objective of corporate social responsibility?

Will those problems drive Apple out of China? Why?

What responsibilities do firms have to global stakeholders and how do they fulfill them?

Legal responsibility consists of

How would you evaluate Monsanto's efforts to meet social responsibilities?

What do you think of Apple's efforts to address the problems? Are they appropriate and adequate?

Which situation best describes a company avoiding its environmental responsibility?

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