Exam 2: Corporate Citizenship: Social Responsibility, Responsiveness, and Performance

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.

According to the Business Case for CSR,a reason companies are becoming more socially responsible is all of the following except

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

The first and primary argument for corporate social responsibility is

Provide a short answer to each of these questions.Be sure to fully explain your answer. Summarize the argument used to explain why the concept of corporate social responsiveness is an improvement over corporate social responsibility.

Carroll's corporate social performance model can be used in all of the ways listed below except

Provide a short answer to each of these questions.Be sure to fully explain your answer. Explain the concept of "multiple bottom lines." Why do advocates of this approach prefer it over the traditional method of measuring the firm's financial performance?

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.

Provide a short answer to each of these questions.Be sure to fully explain your answer. In the 1890s,the Robber Barons began to use their personal wealth and the wealth accumulated by their corporations to enhance the social good.Their philanthropic activities were encouraged,in part,because public opinion was demanding that the government do something to limit their power.Is this type of activity still occurring in the United States? Why or why not?

Provide a short answer to each of these questions.Be sure to fully explain your answer. Discuss the criteria used to determine what firms receive the Business Ethics magazine awards.Which do you think is most important? Why?

Provide a short answer to each of these questions.Be sure to fully explain your answer. In Carroll's four-part definition of corporate social responsibility,he includes philanthropic responsibilities,yet he describes these as voluntary or discretionary.Explain this seeming contrast between a responsibility and a voluntary activity.

Corporate social responsibility emphasizes

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

Provide a short answer to each of these questions.Be sure to fully explain your answer. Describe socially responsible investing.

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

A survey done by Walker Information shows that the public thinks that CSR factors impact a company's reputation even more than its quality,service,and price do.

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

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

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. Are the awards described in the textbook effective ways of promoting the idea of corporate social performance? Why or why not?

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 run safe products which might necessitate raising prices.