Question 1

Which entity publishes annual "World's Most Admired Companies" rankings?

Accepted Answer

A) The Conference Board 
B) Fortune Magazine 
C) Wait Disney 
D) The U.S.Chamber of Commerce

Question 2

The fact that business leaders in the late 19th century felt they had to show that large corporations were a force for social good is an example of

Accepted Answer

A) the iron cage of rationality. 
B) socialism. 
C) paternalism. 
D) the iron law of oligarchy.

Question 3

The traditional concept of business responsibility in the United States is based on

Accepted Answer

A) democracy. 
B) socialism. 
C) the classical economic model. 
D) the neoclassical economic model.

Question 4

The marketplace in the classical view of economics,while being a good allocator of goods and services,does not do a good job of ensuring that business always acts fairly and ethically.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following practices is not a modification of the classical economic model?

Accepted Answer

A) philanthropy 
B) community obligations 
C) owner contra I 
D) paternalism

Question 6

Financial returns from socially conscious investment funds are

Accepted Answer

A) competitive with returns from other investments. 
B) higher than returns from other investments. 
C) slightly lower than returns from other investments. 
D) much lower than returns from other investments.

Question 7

The argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air and unsafe products,the costs of which might necessitate raising prices.

Accepted Answer

A) Resources Available 
B) Business not equipped 
C) Dilutes Business purpose 
D) Global Competitiveness

Question 8

The early definition of corporate social responsibility was

Accepted Answer

A) seriously considering the impact of the company's actions on society. 
B) maximizing profits. 
C) accomplishing the finn's social action goals. 
D) that the corporation had not only economic and legal obligations,but also certain responsibilities to society which extended beyond those obligations.

Question 9

Which of the following is not an argument commonly used in favor of corporate social responsibility?

Accepted Answer

A) Business is best equipped to handle social problems. 
B) It is in the long range interest of business to be socially responsible. 
C) Being socially responsible helps ward off goverrnnent intervention and regulation. 
D) Business has the resources to combat social problems.

Question 10

The Triple Bottom Line encompasses all of the following spheres of performance except

Accepted Answer

A) economic. 
B) social. 
C) envirornnental. 
D) philanthropic.

Question 11

The part of corporate social responsibility that focuses on fair prices and profits is

Accepted Answer

A) economic. 
B) legal. 
C) ethical. 
D) philanthropic.

Question 12

Philanthropy is the term by Adam Smith in Wealth of Nations to describe the operation of self interest resulting in the good of society.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is not a dimension of Carroll's corporate social performance model?

Accepted Answer

A) social responsibility categories 
B) funding sources 
C) philosophy of social responsiveness 
D) issues

Question 14

Social screening is the mechanism by which socially conscious investors choose their investment advisors.

Accepted Answer

A) True 
 B)False

Question 15

is depicted as an action- oriented variant of CSR

Accepted Answer

A) Corporate Social Responsiveness 
B) Corporate Social Responsibility 
C) Corporate Societal Responsibility 
D) Corporate Social Performance

Exam 2: Orporate Citi7cnship: Social Responsibility Ferformancc, Sustolinability

Which entity publishes annual "World's Most Admired Companies" rankings?

The fact that business leaders in the late 19th century felt they had to show that large corporations were a force for social good is an example of

The traditional concept of business responsibility in the United States is based on

The marketplace in the classical view of economics,while being a good allocator of goods and services,does not do a good job of ensuring that business always acts fairly and ethically.

Which of the following practices is not a modification of the classical economic model?

Financial returns from socially conscious investment funds are

The argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air and unsafe products,the costs of which might necessitate raising prices.

The early definition of corporate social responsibility was

Which of the following is not an argument commonly used in favor of corporate social responsibility?

The Triple Bottom Line encompasses all of the following spheres of performance except

The part of corporate social responsibility that focuses on fair prices and profits is

Philanthropy is the term by Adam Smith in Wealth of Nations to describe the operation of self interest resulting in the good of society.

Which of the following is not a dimension of Carroll's corporate social performance model?

Social screening is the mechanism by which socially conscious investors choose their investment advisors.

is depicted as an action- oriented variant of CSR