Exam 3: Ethics and Social Responsibility

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Explain corporate social responsibility and sustainability.

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Corporate social responsibility (CSR) can be defined as the actions of a firm to benefit society beyond the requirements of the law and the direct interests of the firm.Pressure for greater attention to CSR has emanated from a range of stakeholders, including civil society (the broad societal interests in a given region or country) and from nongovernmental organizations (NGOs).These groups have urged MNCs to be more responsive to the range of social needs in developing countries, including concerns about working conditions in factories or service centers and the environmental impacts of their activities.The term sustainability may first be associated with financial investments or the hope of steadily increasing profits, but for a growing number of companies, this term means the same to them as it does to an environmental conservationist.

All of the following statements about ethics are true except:

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D

Governments and corporations are increasingly collaborating to provide assistance to communities around the world through global partnerships.

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Which of the following statements with to the Transparent Agents Against Contracting Entities (TRACE) is incorrect?

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Which of the following views the individual as part of rather than separate from nature?

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What is meant by corporate governance?

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"Crony capitalism" describes business practices in countries with:

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All of the following are accurate in regard to the issue of sexual harassment in the Japanese workplace except:

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NGOs have urged MNCs to be more responsive to the range of social needs in developing countries.

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Which of the following is not one of the U.N.Millennium Development Goals?

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Discuss the various measures that national governments have adopted against corruption.

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The _____ specifies the distribution of rights and responsibilities among different participants in the corporation and spells out the rules and procedures for making decisions on corporate affairs.

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The eight Millennium Development goals are to be achieved by the year:

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What is ethics? Why is ethics important to the study of international management?

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As a way to prevent the shifting of corrupt practices to suppliers and intermediaries, the _____ standard was developed.

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Which of the following is the most urgent need of developing countries?

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John Stuart Mill and Jeremy Bentham are associated with which of the following?

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According to the text, which country has experienced widespread human trafficking in recent years?

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Which of the following statements is not true with regard to child labor?

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Sustainability may be defined as the development that meets humanity's needs at the cost of the future generations.

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