Exam 5: Corporate Social Responsibility

The concentric circle of responsibility that outlines newly emerging and still amorphous responsibilities that business should assume to improve the social environment,even if they are not directly related to specific business processes is the:

How do radical Progressives and conservative economists perceive corporate social responsibility (CSR)?

The concentric circle of social responsibility that encompasses responsibility to exercise the economic function with a sensitive awareness of changing social values and priorities is the:

The duty of a corporation to avoid harm to the assets of a community is called:

Discuss the evolution of social responsibility during the late 19^th and early 20^th centuries.

Define the service principle.

Describe the development of the norms and principles in an evolving system of global corporate social responsibility (CSR).

All of the following statements were the interrelated themes of broader responsibility that emerged during the Progressive era EXCEPT:

Define social Darwinism in the context of corporate social responsibility.

According to ____,corporate social responsibility creates administrative expenses,distracts executives,confuses economic goals with other goals,and subtracts from social welfare when the corporation is less efficient.

A _____ is an agent of a company whose corporate role puts him/her in a position of power over the fate of not just stockholders,but also of others such as customers,employees,and communities.

Hard law refers to statements of philosophy,policy and principle found in nonbinding international conventions.

Discuss corporate social responsibility in a global context.

What is corporate social responsibility?

Governments advance corporate responsibility mainly with binding national regulation.

Discuss the three elements of social responsibility.

According to Herbert Spencer,charity is right only when it raises the character and superiority of the giver.

Advocates of social responsibility feel that:

The theory that the sole responsibility of a corporation is to optimize profits while obeying the law is known as:

According to Howard R.Bowen: