Exam 17: Managing Corporate Social Responsibility Globally

In terms of corporate social responsibility,MNEs should:

A reactive strategy is indicated by relatively little or no support by top management of CSR causes.

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

Global sustainability is a key goal of CSR.

An accommodative strategy focuses on regulatory compliance.

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

Governments and communities whose laws and regulations must be obeyed and to whom taxes and other obligations may be due are typically considered secondary stakeholders.

CSR-related resources can include tangible technologies and processes as well as intangible skills and attitudes.

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

The secondary stakeholder groups are constituents on whom the firm relies for its continuous survival and prosperity.

_____ is the ability to meet the needs of the present without compromising the ability of future generations to meet their needs.

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

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

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.

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

Social issue participation qualifies as a value-adding firm resource.

Global sustainability refers only to a sustainable social and natural environment.

The institutional view concerning the effectiveness of the CSR approach focuses on the strategic responses of the firms.

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

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