Exam 17: Managing Corporate Social Responsibility Globally

A strategy that endeavors to do more than is required in CSR is called a(n) _____ strategy.

A defensive strategy would only respond to CSR causes when required by disasters and outcries.

A(n) _____ strategy is indicated by relatively little or no support by top management of CSR causes.

In the context of which of the following strategic responses,would adopting a code of conduct be a tangible indication of a firm's willingness to accept CSR? 

Elaborate on the resource-based view to CSR.

A(n) _____ strategy focuses on regulatory compliance.

The CSR approach draws upon Adam Smith's idea that the pursuit of economic self-interest within legal and ethical bounds leads to efficient markets.

Global sustainability is a key goal of CSR.

Which of the following is a part of the triple bottom line? 

Any group or individual who can affect or is affected by the achievement of the organization's objectives is called a(n) _____.

The primary stakeholder groups are those who influence or affect,or are influenced or affected by,the corporation,but are not engaged in transactions with the corporation.

_____ firms actively participate in regional,national,and international policy and standards discussions.

_____ firms often build alliances with stakeholder groups.

_____ groups are those who influence or affect,or are influenced or affected by,the corporation,but are not engaged in transactions with the corporation and are not essential for its survival.

Which of the following is an example of secondary stakeholder groups? 

List some corporate social responsibilities with regard to employment practices,recommended for multinational enterprises by some international organizations.

Which of the following drives the urgent need for global sustainability? 

To attract investment,developing countries may enter a "race to the bottom" by lowering environmental standards and some may become "pollution havens." 

One key proposition of the stakeholder view of the firm is that a firm must pursue only the economic bottom line such as profits and shareholder returns.

A key insight of the institution-based view of CSR is that individuals and organizations make rational choices given the right kind of incentives.