Exam 5: Corporate Social Responsibility

The economic model of corporate social responsibility holds that businesses should integrate social goals and economic goals.

According to the economic model of corporate social responsibility, the sole duty of a business is to:

Can non-profit organizations be categorized under the integrative model of corporate social responsibility? Elaborate.

What are the implications of sustainability in the integrative model of CSR?

The philanthropic model in which business support for a social cause is done simply because it is the right thing to do differs from the reputational version of the philanthropic model only in terms of the underlying ____.

According to philosopher Norman Bowie, _____ is the "moral minimum" that is expected of every person.

According to philosopher Norman Bowie, managers have a responsibility to maximize profits as long as they:

"People have a strong ethical duty to cause no harm, and only a prima facie duty to prevent harm or to do good." Discuss Norman Bowie's view on this statement.

Which of the following versions of corporate social responsibility suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment?

Sustainability holds that:

Volunteering and charitable work are examples of the most demanding responsibility.

Which of the following ethical requirements is the type of responsibility established by the precedents of tort law?

Which of the following is an example of a firm that is failing its fundamental social responsibility?

An individual who argues that firms should be managed for the sole benefit of stockholders is defending the:

Which of the following statements is true about the philanthropic model of corporate social responsibility?

According to the economic model of corporate social responsibility, the pursuit of profit will continuously work toward the optimal satisfaction of consumer demand which, in one interpretation of ____ is equivalent to maximizing the overall good.

The social web model views business as a citizen of the society and, like all members of a society, business must conform to the normal ethical duties and obligations that we all face.

According to Norman Bowie, the "moral minimum" that we expect of every person-either acting as individuals or within corporate institutions-is:

Corporate social responsibility refers to:

Which of the following is true of philanthropy in accordance with the economic model of corporate social responsibility?