Question 1

All of the following are unique characteristics of microfinance loans except

Accepted Answer

A)  No collateral is needed 
B)  Loans are usually repaid between 6 months and a year 
C)  Only a maximum of 10% ownership equity is required in exchange for the loan 
D)  When the loan has been repaid, the money is then "recycled" as loans to other entrepreneurs in the village 
A)  No collateral is needed 
B)  Loans are usually repaid between 6 months and a year 
C)  Only a maximum of 10% ownership equity is required in exchange for the loan 
D)  When the loan has been repaid, the money is then "recycled" as loans to other entrepreneurs in the village

Question 2

The three critical attributes of a successful social entrepreneur are wealth, intelligence, and the ability to speak multiple languages.

Accepted Answer

A) True 
 B)False

Question 3

In the opening, case on what date did Samsung lift the ban on using Shinyang Electronics as a supplier?

Accepted Answer

A)  August, 7 2012 
B)  July 10, 2014 
C)  July 14, 2014 
D)  August 5, 2014 
A)  August, 7 2012 
B)  July 10, 2014 
C)  July 14, 2014 
D)  August 5, 2014

Question 4

Fair Trade licensees receive three benefits of being Fair Trade certified. Which is not one?

Accepted Answer

A)  Charge higher prices 
B)  Expect higher revenues 
C)  Increase their workforce 
D)  Improve their images and reputations 
A)  Charge higher prices 
B)  Expect higher revenues 
C)  Increase their workforce 
D)  Improve their images and reputations

Question 5

In 2007, __________ million people in sub-Saharan Africa were classified as undernourished.

Accepted Answer

A)  10.9 
B)  146 
C)  457 
D)  925 
A)  10.9 
B)  146 
C)  457 
D)  925

Question 6

A Social bricoleur is one who uses his or her existing resource base in order to address the social mission of the organization.

Accepted Answer

A) True 
 B)False

Question 7

Which is not a factor that explains why there is variable progress to meet Millennium Development Goals?

Accepted Answer

A)  Poor governance 
B)  Poverty trap 
C)  Policy neglect 
D)  Population growth 
A)  Poor governance 
B)  Poverty trap 
C)  Policy neglect 
D)  Population growth

Question 8

In 2013, _____million people lived in poverty in the United States.

Accepted Answer

A)  5.7 million 
B)  10 million 
C)  37 million 
D)  45.3 million 
A)  5.7 million 
B)  10 million 
C)  37 million 
D)  45.3 million

Question 9

The European Union (EU) is demanding that all EU countries must have _______ of their transportation fuel come from renewable sources such as biofuel or wind power by 2020.

Accepted Answer

A)  10% 
B)  15% 
C)  73% 
D)  98% 
A)  10% 
B)  15% 
C)  73% 
D)  98%

Question 10

Which of the following is NOT one of the companies that joined forces in 2003 to help lead a corporate response to human rights issues by developing the Business Leaders Initiative on Human Rights?

Accepted Answer

A)  Barclays PLC 
B)  MTV Networks Europe 
C)  The Body Shop International 
D)  Microsoft 
A)  Barclays PLC 
B)  MTV Networks Europe 
C)  The Body Shop International 
D)  Microsoft

Question 11

Ethanol is also known as hydrogen peroxide.

Accepted Answer

A) True 
 B)False

Question 12

In the opening case, children were being paid _______ of the standard adult pay rate for doing the same work at HEG Electronics.

Accepted Answer

A)  16% 
B)  50% 
C)  70% 
D)  80% 
A)  16% 
B)  50% 
C)  70% 
D)  80%

Question 13

An example of a social engineer entrepreneur is Jacqualine Novogratz who established the Acumen Fund in 2001 which the mission to use entrepreneurial approaches to solve global poverty problems.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is NOT a factor that encourages private sector investment to reduce poverty?

Accepted Answer

A)  Strong infrastructures 
B)  A strong and objective legal system 
C)  A government that supports economic growth 
D)  High population growth 
A)  Strong infrastructures 
B)  A strong and objective legal system 
C)  A government that supports economic growth 
D)  High population growth

Question 15

All of the following are principles for social business except

Accepted Answer

A)  Investors of the organization will only receive a 5% return on their full investment amount 
B)  The business objective of the organization is to address a social problem and not to maximize profitability 
C)  When the investment amount is paid in full to all the investors, the subsequent profits will be invested back into the firm for expansion and improvement opportunities 
D)  The employees of the organization will receive market wages with superior working conditions 
A)  Investors of the organization will only receive a 5% return on their full investment amount 
B)  The business objective of the organization is to address a social problem and not to maximize profitability 
C)  When the investment amount is paid in full to all the investors, the subsequent profits will be invested back into the firm for expansion and improvement opportunities 
D)  The employees of the organization will receive market wages with superior working conditions

Question 16

The payback rate for microfinance loans is between 60 and 65%.

Accepted Answer

A) True 
 B)False

Question 17

All of the following are mentioned in the text as characteristics of successful social entrepreneurs EXCEPT:

Accepted Answer

A)  Trying to following the constraints of ideology or discipline 
B)  Focusing on how the organization's mission will be used to create social value 
C)  Using innovation, resourcefulness and opportunity to determine what practical solutions are viable to solve the social problem 
D)  Recognizing everyone has the ability to contribute to the economic and social development of the organization 
A)  Trying to following the constraints of ideology or discipline 
B)  Focusing on how the organization's mission will be used to create social value 
C)  Using innovation, resourcefulness and opportunity to determine what practical solutions are viable to solve the social problem 
D)  Recognizing everyone has the ability to contribute to the economic and social development of the organization

Question 18

What is not a strategic focus for firms who concentrate on bottom of the pyramid customers?

Accepted Answer

A)  Large volume low profit margins 
B)  Transactions taking place in an informal market 
C)  Long term view of the project 
D)  Products based on normal market conditions 
A)  Large volume low profit margins 
B)  Transactions taking place in an informal market 
C)  Long term view of the project 
D)  Products based on normal market conditions

Question 19

Which of the following is NOT an ethical issue that can be raised by multinational corporations focusing on bottom of the pyramid (Bop) markets?

Accepted Answer

A)  Appropriateness of the products 
B)  Price points established by the firms 
C)  Potential misuse of advertising and promotion 
D)  All selections are ethical issues that can be raised by multinational corporations 
A)  Appropriateness of the products 
B)  Price points established by the firms 
C)  Potential misuse of advertising and promotion 
D)  All selections are ethical issues that can be raised by multinational corporations

Question 20

To be classified as a biofuel, a product must be made of at least 80% renewable materials and be produced from living organisms or from organic/food waste products.

Accepted Answer

A) True 
 B)False

All of the following are unique characteristics of microfinance loans except

The three critical attributes of a successful social entrepreneur are wealth, intelligence, and the ability to speak multiple languages.

In the opening, case on what date did Samsung lift the ban on using Shinyang Electronics as a supplier?

Fair Trade licensees receive three benefits of being Fair Trade certified. Which is not one?

In 2007, __________ million people in sub-Saharan Africa were classified as undernourished.

A Social bricoleur is one who uses his or her existing resource base in order to address the social mission of the organization.

Which is not a factor that explains why there is variable progress to meet Millennium Development Goals?

In 2013, _____million people lived in poverty in the United States.

The European Union (EU) is demanding that all EU countries must have _______ of their transportation fuel come from renewable sources such as biofuel or wind power by 2020.

Which of the following is NOT one of the companies that joined forces in 2003 to help lead a corporate response to human rights issues by developing the Business Leaders Initiative on Human Rights?

Ethanol is also known as hydrogen peroxide.

In the opening case, children were being paid _______ of the standard adult pay rate for doing the same work at HEG Electronics.

An example of a social engineer entrepreneur is Jacqualine Novogratz who established the Acumen Fund in 2001 which the mission to use entrepreneurial approaches to solve global poverty problems.

Which of the following is NOT a factor that encourages private sector investment to reduce poverty?

All of the following are principles for social business except

The payback rate for microfinance loans is between 60 and 65%.

All of the following are mentioned in the text as characteristics of successful social entrepreneurs EXCEPT:

What is not a strategic focus for firms who concentrate on bottom of the pyramid customers?

Which of the following is NOT an ethical issue that can be raised by multinational corporations focusing on bottom of the pyramid (Bop) markets?

To be classified as a biofuel, a product must be made of at least 80% renewable materials and be produced from living organisms or from organic/food waste products.

The Foundation of Ethical Thought

The Evolving Complexities of Business Ethics

Stakeholders and Corporate Social Responsibility

Ethics and Financial Reporting

Ethical Leadership and Corporate Governance

Strategic Planning, Corporate Culture, and Corporate Compliance

Decision Making and Human Resource Issues

Ethics and the Environment

Ethics and Information Technology

Ethics and Information Technology

Establishing a Code of Ethics and Ethical Guidelines

Evaluating Corporate Ethics

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Exam 11: Ethical Issues in the Developing World

All of the following are unique characteristics of microfinance loans except

The three critical attributes of a successful social entrepreneur are wealth, intelligence, and the ability to speak multiple languages.

In the opening, case on what date did Samsung lift the ban on using Shinyang Electronics as a supplier?

Fair Trade licensees receive three benefits of being Fair Trade certified. Which is not one?

In 2007, __________ million people in sub-Saharan Africa were classified as undernourished.

A Social bricoleur is one who uses his or her existing resource base in order to address the social mission of the organization.

Which is not a factor that explains why there is variable progress to meet Millennium Development Goals?

In 2013, _____million people lived in poverty in the United States.

The European Union (EU) is demanding that all EU countries must have _______ of their transportation fuel come from renewable sources such as biofuel or wind power by 2020.

Which of the following is NOT one of the companies that joined forces in 2003 to help lead a corporate response to human rights issues by developing the Business Leaders Initiative on Human Rights?

Ethanol is also known as hydrogen peroxide.

In the opening case, children were being paid _______ of the standard adult pay rate for doing the same work at HEG Electronics.

An example of a social engineer entrepreneur is Jacqualine Novogratz who established the Acumen Fund in 2001 which the mission to use entrepreneurial approaches to solve global poverty problems.

Which of the following is NOT a factor that encourages private sector investment to reduce poverty?

All of the following are principles for social business except

The payback rate for microfinance loans is between 60 and 65%.

All of the following are mentioned in the text as characteristics of successful social entrepreneurs EXCEPT:

What is not a strategic focus for firms who concentrate on bottom of the pyramid customers?

Which of the following is NOT an ethical issue that can be raised by multinational corporations focusing on bottom of the pyramid (Bop) markets?

To be classified as a biofuel, a product must be made of at least 80% renewable materials and be produced from living organisms or from organic/food waste products.

The Foundation of Ethical Thought

The Evolving Complexities of Business Ethics

Stakeholders and Corporate Social Responsibility

Ethics and Financial Reporting

Ethical Leadership and Corporate Governance

Strategic Planning, Corporate Culture, and Corporate Compliance

Decision Making and Human Resource Issues

Ethics and the Environment

Ethics and Information Technology

Ethics and Information Technology

Establishing a Code of Ethics and Ethical Guidelines

Evaluating Corporate Ethics

Filters